Yunnan Copper boosts capital in key subsidiaries with China Copper

Yunnan Copper will increase its capital in Zhongtong International Trade Group Co., Ltd. (Zhongtong International Trade) by 320 million yuan, mirroring an equal investment from China Copper Co., Ltd., totaling 640 million yuan. This will raise Zhongtong International Trade’s registered capital from 600 million yuan to 1.24 billion yuan, maintaining existing shareholding percentages.

Similarly, Yunnan Copper and China Copper Co., Ltd. will each invest 335 million yuan into Yunton Hong Kong Co., Ltd., for a total capital increase of 670 million yuan. This transaction will increase Yunton Hong Kong's registered capital from $57.5743 million to 1.07657 billion yuan, also preserving the current ownership structure.

These capital increases aim to bolster the subsidiaries' financial strength, optimize capital structure, and enhance their overall competitiveness and risk resilience. Both transactions were approved at the Tenth Board of Directors' Seventh Meeting on November 13, 2025. The aggregate amount of similar related-party transactions with Aluminum Corporation of China Group and its affiliates over the past twelve months, including these capital increases, reached 1.205 billion yuan, exceeding 5% of Yunnan Copper’s latest audited net assets, necessitating shareholder approval.