000962SZSE

Announcement on Signing Supplementary Agreement to the Tripartite Supervision Agreement for Raised Funds

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Ningxia Oriental Tantalum Industry Co., Ltd. signed a supplementary agreement to its tripartite supervision agreement for raised funds. This allows the company to use temporarily idle raised funds for cash management, investing in low-risk wealth management products, to improve fund utilization without impacting investment projects.

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Securities Code: 000962 Securities Abbreviation: Oriental Tantalum Announcement Number: 2026-059

Ningxia Oriental Tantalum Industry Co., Ltd.

Announcement on Signing Supplementary Agreement to the Tripartite Supervision Agreement for Raised Funds

The Company and the entire board of directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

I. Basic Situation of Raised Funds

Ningxia Oriental Tantalum Industry Co., Ltd. (hereinafter referred to as the "Company") received the "Approval on the Registration of Ningxia Oriental Tantalum Industry Co., Ltd. for Issuing Shares to Specific Objects" (No. [2026] 222) issued by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") on February 2, 2026, approving the Company's application for registration of issuing shares to specific objects. The actual number of shares issued in this offering was 22,595,898 shares, with an issue price of RMB 52.66 per share. The total amount raised was RMB 1,189,899,988.68. After deducting underwriting and sponsorship fees and other issuance expenses (excluding value-added tax) of RMB 10,391,173.41, the net amount raised from the issuance of A shares to specific objects was RMB 1,179,508,815.27. The arrival of these raised funds was audited by Dahua Certified Public Accountants (Special General Partnership), which issued the "Capital Verification Report on Ningxia Oriental Tantalum Industry Co., Ltd.'s Issuance of Shares to Specific Objects (A Shares)" (Dahua Verification [2026] 0011000044) on March 10, 2026.

II. Reason for Signing the "Supplementary Agreement to the Tripartite Supervision Agreement for Raised Funds"

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