Declaration by All Directors and Senior Management
All directors and senior management of the company declare that this report does not contain false records, misleading statements, or major omissions, and they bear corresponding legal responsibilities for its authenticity, accuracy, and completeness.
All directors' signatures: Kong Desong, Sun Chengyu, Jiang Ganchuang, Luo Decai, Chai Zhenglong, Han Jingen, Guo Kaishi, Wang Yong, Yang Yong, Na Pengjie, Han Runsheng
All non-director senior management signatures: Gao Hongbo, Yang Wei, Feng Xinglong, Yuan Mingli
Yunnan Copper Co., Ltd.
February 25, 2026
Table of Contents
- Declaration by All Directors and Senior Management .......................... 2
- Definitions .................................................................................. 4
- Basic Information on This Issuance .............................................. 5
- Decision-making Procedures for This Issuance .......................... 5
- Overview of This Issuance ...................................................... 6
- Basic Information on the Issuance Targets ................................ 8
- Relevant Institutions for This Issuance .................................. 12
- Comparison of Relevant Situations Before and After Issuance .... 14
- Comparison of the Top Ten Shareholders Before and After Issuance 14
- Impact of This Issuance on the Company ................................ 15
- Independent Financial Advisor's Conclusion on Compliance of the Issuance Process and Targets .................................................. 18
- Compliance of the Pricing Process ........................................... 18
- Compliance of the Selection of Issuance Targets ..................... 18
- Legal Opinions on the Issuance Process and Targets ................... 19
- Statements from Relevant Intermediaries ..................................... 20
- Documents for Reference ............................................................ 25
- Documents for Reference ...................................................... 25
- Locations for Review ............................................................ 25
- Inquiry Times ...................................................................... 25
Definitions
In this report, unless otherwise specified, the following terms have the following specific meanings:
- Issuer, Company, This Company, Listed Company, Yunnan Copper refers to Yunnan Copper Co., Ltd.
- Chalco Group refers to China Aluminum Corporation.
- China Copper refers to China Copper Co., Ltd.
- Yunnan Copper Group refers to Yunnan Copper (Group) Co., Ltd.
- This Report refers to the "Report on the Issuance of Shares by Yunnan Copper Co., Ltd. for Asset Acquisition and Fundraising."
- This Issuance refers to the issuance of shares by Yunnan Copper Co., Ltd. for asset acquisition and fundraising.
- CSRC refers to the China Securities Regulatory Commission.
- SZSE refers to the Shenzhen Stock Exchange.
- Independent Financial Advisor (Lead Underwriter), CITIC Securities refers to CITIC Securities Co., Ltd.
- Issuer's Lawyer refers to Beijing Zhonglun Law Firm.
- Audit and Verification Institution refers to Shinewing Certified Public Accountants (Special General Partnership).
- Company Law refers to the Company Law of the People's Republic of China.
- Securities Law refers to the Securities Law of the People's Republic of China.
- Registration Management Measures refer to the Measures for the Registration Management of Securities Issuance by Listed Companies.
- Acquisition Management Measures refer to the Measures for the Management of Acquisitions by Listed Companies.
- Issuance Plan refers to the "Issuance Plan for the Issuance of Shares by Yunnan Copper Co., Ltd. for Asset Acquisition and Fundraising."
- Yuan, Ten Thousand Yuan refers to Renminbi Yuan, Renminbi Ten Thousand Yuan.
Note: If there are discrepancies between the total figures and the sum of individual items in this report, or if there are differences in decimal places from the original data, it may be due to different precision or rounding.