Dow Technology announced that after review and approval by the board of directors, the company re-validated and suspended implementation of the fund-raising project “Congo 30kt Cathode Copper Hydrometallurgical Smelter Project”. The project's fund-raising plan is to invest 1,104 billion yuan, with a cumulative investment of 131 million yuan as of June 30, 2026, with an investment progress of 11.89%. The reason for the suspension was affected by high energy and accessories prices, rising logistics costs, and changes in the security situation in the region where the project is located. The progress of the project is facing great uncertainty. During the suspension period, funds raised and proceeds will continue to be stored in a special fund-raising account, and subsequent companies will decide on project implementation arrangements in due course.

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