Audit Opinion of CITIC Securities Co., Ltd. on the Increased Forecast of Related Party Transactions for China Uranium Industry Co., Ltd. in 2026
CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities" or "Sponsor") is the sponsor of China Uranium Industry Co., Ltd. (hereinafter referred to as "China Uranium Industry" or "the Company") for its initial public offering of shares on the main board of the Shenzhen Stock Exchange. Based on the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," the "Shenzhen Stock Exchange Stock Listing Rules (2026 Revision)," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 1 - Standardized Operation of Main Board Listed Companies (2026 Revision)," and "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 13 - Sponsorship Business," and other relevant laws, regulations, and normative documents, CITIC Securities has prudently audited the increased forecast of related party transactions for China Uranium Industry in 2026. The audit situation and opinion are as follows:
I. Basic Situation of Related Party Transactions
(I) Overview of the Forecasted Related Party Transactions
The Company held the 27th meeting of the first session of the Board of Directors on January 22, 2026, and the first extraordinary general meeting of shareholders on February 10, 2026, respectively. Both meetings deliberated and approved the "Proposal on the Forecasted Amount of Related Party Transactions for the Company in 2026." It was agreed that to meet the needs of daily operations, the Company and its subsidiaries would have a total estimated daily related party transaction amount of no more than RMB 2,499,695.90 million with China National Nuclear Corporation (hereinafter referred to as "CNNC") and its controlled subsidiaries in 2026. For specific details, please refer to the "Announcement on the Forecast of Related Party Transactions for 2026" (Announcement No.: 2026-003) disclosed by the Company on the Juchao Information Network on January 24, 2026.
(II) Overview of the Increased Forecast of Daily Related Party Transactions
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On August 10, 2026, the Company held the fourth meeting of the second session of the Board of Directors and deliberated and approved the "Proposal on the Increased Forecast of Daily Related Party Transactions for China Uranium Industry Co., Ltd. in 2026." It was agreed that based on the actual business situation, the Company would increase the forecast of daily related party transactions with related party CNNC and its controlled subsidiaries by RMB 271,455.26 million in 2026. After this increase, the total estimated amount of daily related party transactions between the Company and its subsidiaries and CNNC and its controlled subsidiaries in 2026 will not exceed RMB 2,771,151.15 million. The specific transaction amounts and contents are subject to the signed contracts. When the Board of Directors deliberated on this proposal, related directors Mr. Yuan Xub, Mr. Xing Yongguo, Mr. Li Chengcheng, Mr. Jiang Hong, Mr. Xiao Linxing, and Mr. Zhang Hongjun abstained from voting. The proposal was deliberated and approved by non-related directors with 6 votes in favor, 0 votes against, and 0 abstentions.
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Before the above proposal was submitted for deliberation by the Board of Directors, it had been deliberated and approved by the second special meeting of independent directors of the second session of the Board of Directors in 2026.