云南驰宏锌锗股份有限公司关于增资并控股赫章县乌蒙矿业有限责任公司的进展公告

Investment Overview - Yunnan Chihong Zinc & Germanium Co., Ltd. has approved a capital increase and control of Hezhang County Wumeng Mining Co., Ltd. by acquiring 55% equity of the exploration rights for the Xiaodong lead-zinc polymetallic mine and investing RMB 122.22 million [2][3] - After the capital increase, the company will hold 55% of Wumeng Mining, while the original shareholders will hold 45% [2][4] Capital Increase Details - The capital increase agreement was signed on January 14, 2026, with cash contributions from the company amounting to RMB 12,222.22 million and from original shareholders totaling RMB 10 million [3][4] - The registered capital of Wumeng Mining will increase from RMB 10 million to RMB 22.22 million after the capital increase [4] Shareholding Structure Changes - Following the capital increase, the shareholding structure of Wumeng Mining will change, with Bijie Mining holding 64.73% and Hezhang County Government holding 35.27% of the shares [5] - A transfer of 15.16% of shares from Hezhang County Government to Bijie Mining has been completed [5] Contribution Schedule - The cash contributions will be made in two phases, with the first phase due within three months after the completion of the business registration [7] - The first phase contributions will be RMB 38.57 million from the company, RMB 25.17 million from Bijie Mining, and RMB 6.33 million from Hezhang County Government [7] Governance Structure - Wumeng Mining will establish a shareholders' meeting and a board of directors, with the company nominating three directors and Bijie Mining and Hezhang County Government nominating one each [8] - The chairman will be nominated by the company, while the vice-chairman will be nominated by either Bijie Mining or Hezhang County Government [8] Tax and Fees - All taxes, fees, and other expenses arising from the signing and performance of the agreement will be borne by each party according to legal regulations [9] Breach of Contract - If any party fails to complete the business registration on time, the company has the right to demand compensation for losses [10] - Any party that fails to fulfill its cash contribution obligations will incur a penalty of 0.005% of the unpaid amount per day [10]