China Mining Group announced that the company held a board meeting on July 13, 2026 and agreed to change the use of shares to be repurchased from “necessary to protect the company's value and shareholders' rights” to “implement employee shareholding plans and equity incentives”. Other details remain unchanged and do not require shareholders' review. In April 2024, the company completed share repurchases, with a total repurchase of 2.284 million shares, accounting for 1.12% of the total share capital, and a total transaction amount of RMB 30.463 million. The purpose of this change is to improve the incentive and restraint mechanism and will not have a significant adverse impact on the company.

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