宁波金田铜业（集团）股份有限公司关于以集中竞价交易方式回购公司股份的回购报告书

Core Viewpoint - Ningbo Jintian Copper Industry (Group) Co., Ltd. plans to repurchase shares through centralized bidding, with a total amount between RMB 200 million and RMB 400 million, primarily to convert company convertible bonds [2][6]. Summary by Sections Repurchase Plan - The repurchase amount will not be less than RMB 200 million and not exceed RMB 400 million [2]. - The funding sources include a special loan from Shanghai Pudong Development Bank (not exceeding RMB 360 million) and the company's own funds [2][13]. - The repurchase price will not exceed RMB 16.84 per share, capped at 150% of the average trading price over the previous 30 trading days [2][12]. - The repurchase will occur within 12 months from the board's approval date, specifically from January 27, 2026, to January 26, 2027 [2][9]. Purpose and Use of Repurchased Shares - The purpose of the repurchase is to enhance investor confidence and protect their interests, reflecting the company's confidence in its future development [6]. - The repurchased shares will be used for converting the company's convertible bonds [6][17]. Implementation and Conditions - The repurchase will be conducted via centralized bidding [8]. - The company will not repurchase shares during specific periods that could significantly impact stock prices [10]. - The repurchase plan may be terminated early if the maximum funding is reached or if the board decides to terminate it [9]. Financial Impact - As of September 30, 2025, the company's total assets were approximately RMB 28.79 billion, with net assets of about RMB 10.18 billion [13]. - If the maximum repurchase amount is utilized, it would represent 1.39% of total assets, 3.93% of net assets, and 1.85% of current assets, indicating a low impact on the company's financials [13][14]. Shareholder Plans - Major shareholders, including the controlling shareholder, have no plans to reduce their holdings in the next three to six months [2][16]. - The controlling shareholder plans to increase their stake in the company within a specified range and timeframe [15][16]. Regulatory Compliance - The company has opened a dedicated account for the repurchase in compliance with regulations [23]. - The company will fulfill its information disclosure obligations throughout the repurchase period [23].