Guocheng Mining Industry: Intends to acquire 40% equity stake in Guocheng Industrial Industry for cash, with a transaction price of 2.368 billion yuan.

Guocheng Mining Industry Announcement: The company plans to purchase 40% of Guocheng Industrial Co., Ltd. currently held by CITIC Trust through cash payment, with a transaction price of 2.368 billion yuan. Prior to this transaction, the company already held 60% of Guocheng Industrial Co., Ltd. After the transaction is completed, Guocheng Industrial Co., Ltd. will become a wholly-owned subsidiary of the company. The assessed value of 100% equity of the target company is 6.003 billion yuan, with an appreciation rate of 207.63%. This transaction constitutes a related transaction and does not constitute a restructuring for listing.