Group 1 - The company held its 13th meeting of the 10th Board of Directors on November 26, 2025, in accordance with relevant laws and regulations [2] - The board approved a guarantee for its subsidiary, with a maximum amount of $22,423,452 (approximately RMB 159.71 million), to support the execution of a contract with PT Amman Mineral Industri [2][10] - The guarantee will be submitted for shareholder approval [3] Group 2 - The board also approved a management implementation plan for the 2025-2027 term, with one director abstaining from the vote due to a conflict of interest [3][4] - Adjustments were made to the composition of several specialized committees within the board, including the Strategic and Sustainable Development Committee and the Audit Committee [4][5] - The new committee members will serve until the end of the current board's term [5] Group 3 - The subsidiary, China Nonferrous Metal Construction (Indonesia) Co., Ltd., is responsible for providing operational technical services under a contract valued at $44,846,904 [10][11] - The guarantee is structured as a joint liability guarantee, with an additional pledge of 33% equity from a partner as collateral [16][17] - The company has a total external guarantee balance of approximately RMB 2.866 billion, which is 50.58% of its latest audited net assets [18]

Meeting Overview - The second extraordinary general meeting of shareholders was held on September 29, 2025, in Beijing [2] - The meeting was chaired by Chairman Liu Kejun, and the voting method combined on-site and online voting [2][3] - All 9 current directors attended the meeting, while 4 out of 5 supervisors were present [2] Resolutions Passed - The proposal to cancel the supervisory board and amend the company's articles of association was approved [3] - The proposal to revise the rules of shareholder meetings and related systems was also approved [3][4] Legal Verification - The meeting was witnessed by Beijing Deheng Law Firm, which confirmed that the meeting's procedures and resolutions complied with relevant laws and regulations [4]