法律意见书 上海市海华永泰律师事务所 关于中润资源投资股份有限公司 2025 年第五次临时股东会 N 法律意见书 短些永泰律师事务所 上海市浦东新区陆家嘴环路 1366 号富士康大厦 12 层 电话:86-21-58773177 传真:86-21-58773268 www.hiwayslaw.com 法律意见书 上海市海华永泰律师事务所 关于中润资源投资股份有限公司 2025 年第五次临时股东会之法律意见书 致:中润资源投资股份有限公司 中润资源投资股份有限公司(以下简称"公司")2025年第五次临时股东 会于 2025年 6月18日下午 15:00 召开。上海市海华永泰律师事务所经公司聘请, 委派李祎琼、钱欣一律师出席本次会议,根据《中华人民共和国公司法》(以下 简称"《公司法》"）、《上市公司股东会规则》(以下简称"《股东会规则》") 《上市公司治理准则》(以下简称"《治理准则》")等法律法规、其他规范性 文件以及《中润资源投资股份有限公司章程》（以下简称"《公司章程》"）、 《中润资源投资股份有限公司股东大会议事规则》〈以下简称"《议事规则》") 的规定,就本次股东会的召集和召开程序、召集人及出席会议人 ...

Core Viewpoint - Zhongrun Resources expects a certain degree of increase in coal mine production this year compared to last year [1] Group 1: Production and Capacity - The actual mining capacity of the coal mine is approximately 750 tons per day [1] - The ore recovery rate is around 80% [1] - The grade of the selected ore is uneven, ranging between 2 to 4 g/t [1] Group 2: Technical Improvements - The overall technical reform plan for the coal mine is still in the planning stage [1] - The company is currently focused on addressing urgent issues related to drainage and ventilation systems [1] - A series of technical improvements are expected to require an investment of 500 to 600 million yuan [1] Group 3: Equipment Procurement - The company has already procured a large amount of equipment related to ventilation and drainage, which has started to arrive [1] - It is anticipated that by the end of the year, production will be effectively streamlined [1]

Group 1: Company Overview and Collaboration - The company collaborates with Hong Kong Fulin Company to address mining equipment issues and improve production efficiency, with a cooperation framework set for 3 years, involving the sale of at least 200,000 tons of ore annually [2] - The mining design capacity is 2,000 tons/day, with a planned processing capacity of 1,000 tons/day for ore and 1,500 tons/day for tailings [2] Group 2: Production and Technical Improvements - The current mining capacity is approximately 750 tons/day, with a recovery rate of around 80%, and the average grade of selected ore is between 2-4 g/t [2] - An estimated investment of 500-600 million CNY is required for technical upgrades, focusing on drainage and ventilation systems [2][4] Group 3: Resource and Financial Metrics - As of October 31, 2024, the total resource volume of the mining rights is 103.77 tons, with proven resources of 1.43 million tons at a grade of 6.90 g/t, equating to 9.89 tons of metal [3] - In 2024, gold sales revenue was 328.35 million CNY, with costs amounting to 243.31 million CNY, resulting in a gross margin of 25.90% [5] Group 4: Future Plans and Governance - The company aims to strengthen its mining operations and seek acquisition opportunities for quality mines, aligning with the broader strategy of its parent group [3] - The company is considering implementing equity incentives to enhance governance and align interests among management, employees, and shareholders [4]

证券代码：000506 证券简称：中润资源 公告编号：2025-066 二、公司关注、核实情况 针对公司股票交易异常波动，公司对有关事项进行了核查，现将有关情况说 明如下： 暨停复牌的公告》（公告编号：2025-065），公司股票自 2025 年 6 月 5 日起被 撤销退市风险警示及其他风险警示，股票简称由"*ST 中润"变更为"中润资源"， 公司股票交易价格的日涨跌幅限制由"5%"变更为"10%"。 中润资源投资股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、股票交易异常波动情况 中润资源投资股份有限公司（以下简称"公司"或"本公司"，证券简称： 中润资源，证券代码：000506）股票价格于 2025 年 6 月 5 日、2025 年 6 月 6 日 连续 2 个交易日收盘价格涨幅偏离值累计超过 20%，根据深圳证券交易所相关规 定，属于股票交易异常波动的情况。 大影响的未公开重大信息。 际控制人不存在关于公司的应披露而未披露的重大事项，不存在处于筹划阶段的 重大事项，也不存在股票异常波动期间买卖公司股票的行为。 三、是否存在应披露而未披 ...

证券代码：000506 证券简称：中润资源 公告编号：2025-066 中润资源投资股份有限公司 股票交易异常波动公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、股票交易异常波动情况 2. 前期披露的信息不存在需要更正、补充之处。 3. 公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息。 4. 近期公司经营情况及内外部经营环境未发生重大变化。 5. 经公司自查，并向控股股东、实际控制人函证核实，公司、控股股东和实 际控制人不存在关于公司的应披露而未披露的重大事项，不存在处于筹划阶段的 中润资源投资股份有限公司（以下简称"公司"或"本公司"，证券简称： 中润资源，证券代码：000506）股票价格于 2025 年 6 月 5 日、2025 年 6 月 6 日 连续 2 个交易日收盘价格涨幅偏离值累计超过 20%，根据深圳证券交易所相关规 定，属于股票交易异常波动的情况。 二、公司关注、核实情况 针对公司股票交易异常波动，公司对有关事项进行了核查，现将有关情况说 明如下： 1. 公司于 2025 年 6 月 4 日披露 ...

Core Viewpoint - The surge in global risk aversion has led to a significant increase in the precious metals market, particularly gold and silver, with silver emerging as a new favorite among investors [1][7]. Group 1: Market Performance - The Hong Kong and A-share markets have seen substantial gains in the gold and precious metals sector, with China Silver Group rising over 21% and several other companies hitting their daily price limits [2]. - As of the latest data, spot silver has reached over $36 per ounce, marking a 13-year high, while COMEX silver futures are reported at $36.19 per ounce, reflecting a daily increase of 1.08% [5]. Group 2: Demand and Supply Dynamics - The demand for silver is expected to reach record levels in 2024, contributing to a structural deficit in the silver market for the fourth consecutive year, driven by strong industrial demand, particularly in green energy sectors like solar power [8]. - The recent underperformance of U.S. economic data and the anticipation of Federal Reserve interest rate cuts have positively influenced the prices of silver and other industrially used precious metals [8]. Group 3: Geopolitical and Economic Influences - Global geopolitical tensions, including the ongoing Russia-Ukraine conflict and U.S.-Iran relations, have heightened the demand for safe-haven assets, further boosting precious metals [8]. - The recent escalation of trade tensions, particularly with the doubling of tariffs on steel and aluminum by former President Trump, has raised concerns about potential tariffs on other key metals, impacting market sentiment [8]. Group 4: Future Price Expectations - Analysts predict that if U.S. non-farm payroll data falls short of expectations, it could strengthen market bets on a July rate cut by the Federal Reserve, potentially leading to a significant rise in precious metal prices [9]. - Forecasts suggest that silver prices could reach $40 by the end of this year or early 2026, with ongoing central bank purchases and robust safe-haven demand driving this trend [9].

Group 1 - The precious metals sector is experiencing a significant upward trend, with silver leading the gains [1] - Hunan Silver has reached its daily limit up, while other companies like Silver Nonferrous, Xingye Silver Tin, and Shengda Resources have also shown notable increases [1] - On Thursday, the spot silver price surged by 4.5%, surpassing the $36 per ounce mark, reaching its highest level since February 2012 [1]

贵金属板块短线拉升，中润资源涨停，晓程科技（300139）、西部黄金（601069）、湖南黄金 （002155）、四川黄金（001337）、中金黄金（600489）等纷纷走高。 黄金行情爆发中，一键布局买入黄金等避险资产>>> ...

Core Viewpoint - *ST Zhongrun has announced the removal of delisting risk warnings and other risk warnings, changing its stock name from "*ST Zhongrun" to "Zhongrun Resources" effective June 5, 2025, with a change in daily price fluctuation limit from 5% to 10% [1][2]. Financial Performance - In the 2024 annual report, Zhongrun Resources reported total operating revenue of 333 million yuan, a year-on-year increase of 17.17%. However, the company recorded a net loss attributable to shareholders of 127 million yuan, compared to a profit of 6.67 million yuan in the previous year. The net profit excluding non-recurring gains and losses was a loss of 96.92 million yuan, compared to a loss of 12.7 million yuan in the previous year. The net cash flow from operating activities was 37.91 million yuan, compared to -16.06 million yuan in the previous year [5]. Strategic Focus - The company aims to focus on the precious metals industry chain, particularly gold mining, in response to the rising demand for safe assets globally. Following the acquisition by Jiajin Ruining, VGML has shown positive operational momentum and plans to enhance production capacity while maintaining stable output [6]. Industry Context - Several A-share companies have successfully removed ST and *ST labels, indicating a trend of improving financial health among listed companies. As of late May, over 20 companies have achieved this status, with expectations for more to follow as they submit applications for the removal of risk warnings [8][9].

w 关于对中润资源投资股份有限公司 2024 年年报的问询函的回复 华兴专字[2025]25004280141 号 华兴会计师事务所（特殊普通合伙） 关于对中润资源投资股份有限公司 2024 年年报的问询函的回复 华兴专字[2025]25004280141 号 深圳证券交易所上市公司管理一部： 由中润资源投资股份有限公司（以下简称"中润资源"或"公司"）转来的贵部《关 于对中润资源投资股份有限公司 2024 年年报的问询函》（公司部年报问询函〔2025〕第 104 号）（以下简称"问询函"）已收悉，华兴会计师事务所（特殊普通合伙）（以下 简称"会计师"或"我们"）作为中润资源 2024 年年报审计机构，就有关涉及会计师说 明或发表意见的问题，将核查情况和核查意见进行如下说明。 本回复报告中的字体代表以下含义： | 黑体 | 问询函所列问题 | | --- | --- | | 宋体 | 对问询函所列问题的回复 | 本回复中若出现总计数尾数与所列数值总和尾数不一致的情况，均为四舍五入所致。 1 问题 1、立信会计师事务所（特殊普通合伙）对你公司 2023 年度出具了带与持续经 营相关的重大不确定性段落的无法表示意 ...