Chihong Zinc & Germanium: Progress made on jointly investing 300 million to establish a joint-stock company with affiliated partners

Chihong zinc and germanium announced that the company and its affiliates Chinalco Group, Aluminum Corporation of China, Yunnan Copper Industry, and Aluminum Capital jointly established Chalco Qianxing. The company contributed a total of 300 million RMB in cash and 20% equity by holding 100% equity of Chihong Ge and Ge. On October 28, 2025, Chalco Qianxing completed the registration with the industrial and commercial bureau. According to the evaluation, as of June 30, 2025, the book value of Chihong Germanium's shareholders' equity was 153,047,900 RMB, with an assessed value of 183,907,600 RMB, an appreciation rate of 20.61%. The evaluation results were reviewed and filed by Chinalco Group, and the company will contribute 100% equity of Chihong germanium and 116,092,400 RMB in cash.