CNNC Mining (01164.HK): In the first half of the year, CNNC International Sales Company's natural uranium sales business adopted a two-end locked trade method. The business end profit remained stable.

Intelligent Wealth APP News, CGN Mining (01164.HK) announced that, regarding international trade business, in the period of January to June 2026, the Group's subsidiary, CGN International Uranium Products Sales Co., Ltd. (CGN International Sales Company), adopted a dual-end locked trade method for the sale of natural uranium, ensuring stable profits. Due to the impact of the weighted average cost accounting method, the weighted average cost of inventory on the books during this period is higher than the selling price of the sales contracts currently in effect, and the Group expects that the gross profit of CGN International Sales Company in this period will be negatively affected to a certain extent. Regarding the self-produced sales business, in order to coordinate overall business resources and meet customer delivery needs, the Group will delay the fulfillment and delivery of some annual sales contracts for natural uranium until the second half of the year. It is expected that this adjustment will not have a significant negative impact on the Group's annual business plan, and the overall operation of the Group's various business sectors will remain stable. The above information is only a preliminary evaluation of the information currently available by the board of directors, and the information currently available has not been reviewed by the company's auditors and may be subject to further changes.