001203SZSE

Announcement on the Adjustment of the Conversion Price of "Dazhong Convertible Bonds"

Dazhong Mining Co., Ltd.··2 pages

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Dazhong Mining Co., Ltd. announced an adjustment to the conversion price of its convertible bonds ("Dazhong Convertible Bonds"). The conversion price was adjusted from RMB 10.76 per share to RMB 10.56 per share, effective June 30, 2026, due to a cash dividend distribution.

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Dazhong Mining Co., Ltd. Announcement on the Adjustment of the Conversion Price of "Dazhong Convertible Bonds"

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Reminder: Stock Code: 001203 Stock Abbreviation: Dazhong Mining Bond Code: 127070 Bond Abbreviation: Dazhong Convertible Bond Conversion Price of Dazhong Convertible Bond Before Adjustment: RMB 10.76 per share Conversion Price of Dazhong Convertible Bond After Adjustment: RMB 10.56 per share Effective Date of Adjustment of Dazhong Convertible Bond Conversion Price: June 30, 2026

I. Basis for Adjustment of Dazhong Convertible Bond Conversion Price

Dazhong Mining Co., Ltd. (hereinafter referred to as the "Company") publicly issued 15.2 million shares of convertible corporate bonds (Bond Abbreviation: Dazhong Convertible Bond, Bond Code: 127070) on August 17, 2022, with a face value of RMB 100 per share, for a total issuance amount of RMB 1.52 billion.

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