Verification Opinion of Zhongde Securities Co., Ltd. on the Expected New Related Transactions of Northern Copper Industry Co., Ltd. for 2026
Zhongde Securities Co., Ltd. (hereinafter referred to as the "Sponsor") is the sponsor for Northern Copper Industry Co., Ltd. (hereinafter referred to as "Northern Copper" or "the Company") in its issuance of shares to specific targets. In accordance with the requirements of relevant regulations such as the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," "Shenzhen Stock Exchange Stock Listing Rules," and "Self-Regulatory Guidelines No. 1 for Listed Companies on the Shenzhen Stock Exchange - Standard Operations for Main Board Listed Companies," the Company’s expected new related transactions have been verified, with the details as follows:
1. Basic Information on Related Transactions
(1) Overview of Related Transactions
The Company held the 7th meeting of the 10th Board of Directors on January 16, 2026, and the first extraordinary general meeting of shareholders on February 12, 2026, where the proposal on the expected daily related transactions for 2026 was approved, with related directors and shareholders abstaining from voting. Due to operational needs, the Company’s wholly-owned subsidiaries, Shanxi Northern Copper Industry Co., Ltd. and Shanxi Zhongtiaoshan Electromechanical Equipment Co., Ltd. (hereinafter collectively referred to as "Subsidiaries"), plan to continue and add leasing land from Zhongtiaoshan Nonferrous Metals Group Co., Ltd. (hereinafter referred to as "Zhongtiaoshan Group"). The total amount of the land lease contracts to be signed is expected to be approximately 130.074 million yuan, with an estimated new daily related transaction amount of 13.4387 million yuan for 2026 (annual rent). Subsequent annual amounts will be estimated based on the actual annual rent agreed in the lease contracts. The specific leasing details are as follows: