Zhongkuang Resources: It is expected that the net profit in the first quarter of 2026 will increase by 270.97%-308.07% year-on-year.

Mining Resources Announcement: It is expected that the net profit for the first quarter of 2026 will be between 500 million and 550 million yuan, representing a year-on-year growth of 270.97%-308.07%. In the first quarter of 2026, the company expects a significant increase in net profit attributable to shareholders of the listed company compared to the same period of the previous year, with the main reasons for the change being as follows: 1. Driven by the growth in downstream energy storage and power battery demand, the market price of lithium salt products has significantly increased compared to the same period of the previous year, resulting in an increase in the profit of the company's lithium battery new energy materials development and utilization business, leading to an overall improvement in the company's profitability. 2. The Namibian Tsumeb smelter owned by the company reduced its deficit compared to the same period of the previous year.