Xiamen Tungsten: The holding subsidiary Luoyang Yulu has basically suspended production due to the suspension of tailings supply.

Xiamen Tungsten Industry announced that its controlling subsidiary Luoyang Yulu, due to Luoyang Molybdenum temporarily suspending the supply of tailings, has basically stopped production. Xiamen Tungsten Industry holds 60% of Luoyang Yulu, while Luoyang Molybdenum holds 40%. In 2025, it achieved revenue of 363 million yuan and a net profit of 123 million yuan. Xiamen Tungsten Industry's attributable net profit on a consolidated basis was 61 million yuan, accounting for 0.78% and 2.66% of the company's current consolidated revenue and attributable net profit, respectively. The production suspension is expected to have a certain impact on the company's recent performance. Due to the uncertainty of the suspension time, the specific impact cannot be predicted at present. The company has formed a special team to actively respond to the situation.