Guocheng Mining announced that Guocheng Lithium, a holding subsidiary of the company, and Jinxin Mining, a participating subsidiary, signed the “Lithium Concentrate Purchase and Sale Contract” on September 15, 2026 to implement the previous long-term supply and marketing framework agreement for spodumene concentrate. Delivery of 60,000 dry tons ± 20% is planned from September to December 2026, with an estimated total value of about 900 million yuan. Refer to the unit price of lithium concentrate of 15,000 yuan/ton. The pricing is based on the average monthly price of Shanghai Nonferrous Metals Network and Guangji Institute and enjoy discounts. This transaction forms a related transaction, which is conducive to stabilizing the supply of raw materials for the company's lithium salt project. From the beginning of 2026 to the disclosure date, the company provided a total of 275 million yuan in guarantees for Jinxin Mining. In addition to this transaction and guarantee, the total amount of other related transactions between the two parties was 374 million yuan.

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