China Metallurgical Corporation: Plans to repurchase A-shares worth 1-2 billion yuan for capital reduction.

China MCC announced that the company plans to repurchase A-shares through centralized bidding trading, with a total amount of funds not less than 1 billion yuan and not more than 2 billion yuan, a maximum repurchase price of 4.90 yuan per share, a repurchase quantity of 200 million shares to 400 million shares, accounting for 0.98% -1.97% of the total share capital. The repurchased shares will be used for cancellation and reduction of registered capital. The repurchase period is within 12 months from the date of approval of the repurchase plan by the shareholders' meeting. As of the date of approval of the repurchase plan by the board of directors, the controlling shareholder and its concerted action parties have no plan to reduce their holdings in the next 3 months or 6 months. In addition, this repurchase carries risks such as price, debt, and other significant matters.