Yunnan Luoping Zinc Electric Co., Ltd. (hereinafter referred to as "the Company") guarantees that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions. The Company held the sixth (temporary) meeting of the ninth board of directors on February 27, 2026, and approved the proposal on the investment in the key industry environmental performance improvement project. The specific details are announced as follows:
I. Overview of the Investment Project
- Investment Purpose: The purpose is to enhance environmental standards, eliminate outdated production capacity and processes, and assist the Company in transitioning to a development model with high technological content, low resource consumption, and minimal environmental pollution. This will also promote internal management improvements, adoption of advanced technologies, increased energy efficiency, and resource utilization, while reducing environmental compliance costs and operational costs. The Company plans to invest in the construction of the key industry environmental performance improvement project. This investment does not constitute a related party transaction and does not qualify as a significant asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies." According to the "Shenzhen Stock Exchange Stock Listing Rules" and the Company's Articles of Association, this investment construction matter is within the board of directors' approval authority and does not require submission to the shareholders' meeting for deliberation.
- Board Review: The board of directors reviewed the proposal in accordance with the "Authorization Management System," and the proposal was approved with 6 votes in favor, 0 votes against, and 0 abstentions.