Securities Code: 002428 Securities Abbreviation: Yunnan Xinyuan Germanium Announcement No.: 2026-027
Yunnan Lincang Xinyuan Germanium Co., Ltd. Announcement on Implementing the High-Efficiency Green Comprehensive Recycling Project for Rare Metals from Germanium Slag
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
I. Overview of External Investment
On April 21, 2026, Yunnan Lincang Xinyuan Germanium Co., Ltd. (hereinafter referred to as the "Company") reviewed and approved the "Proposal on Implementing the High-Efficiency Green Comprehensive Recycling Project for Rare Metals from Germanium Slag" at the third meeting of the Ninth Board of Directors. The Company agreed to implement the "High-Efficiency Green Comprehensive Recycling Project for Rare Metals from Germanium Slag." The project has a total planned investment of 200.66 million yuan, and will construct a fully intelligent integrated recovery production line with an annual processing capacity of 150,000 tons of germanium-containing waste.
This external investment does not constitute a related-party transaction and does not constitute a major asset restructuring as stipulated by the "Measures for the Administration of Major Asset Restructuring of Listed Companies." In accordance with the "Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange," the "Company Articles of Association," and other relevant regulations, this external investment is within the scope of the Board of Directors' authority and does not require submission to the shareholders' meeting for deliberation.
The project to be implemented this time requires approval or filing with the relevant national authorities before it can be carried out.
II. Main Contents of Project Construction