Luoping Zinc Electricity: Intends to liquidate and deregister its wholly-owned subsidiary Yunnan Chiwei Commercial Trading.

Loping Zinc Power announced that a board meeting will be held on December 24, 2025 to review and approve the proposal to liquidate and cancel the wholly-owned subsidiary Yunnan Chiwei Trading Co., Ltd. Chiwei Trading Co. has a registered capital of 18 million yuan, with the company holding 100% of the shares. From December 31, 2024 to September 30, 2025, its revenue decreased from 4.8333 million yuan to 4.3671 million yuan, and its net profit decreased from -4.0554 million yuan to -5.1524 million yuan. The related business of Chiwei Trading Co. will be taken over by Loping Fuzinc Agricultural Development Co., Ltd. The cancellation will help optimize the management structure, not affecting the overall business, and will not be included in the consolidated financial statements after cancellation.