Baogang Co., Ltd. announced that according to the rare earth concentrate price adjustment mechanism and calculation formula reviewed and approved by the company's 2022 annual shareholders' meeting, the company plans to adjust the rare earth concentrate related transaction price to 38,769 yuan/ton excluding tax in the fourth quarter of 2026; for every 1% increase or decrease in REO, the price without tax will increase or decrease 775.38 yuan/ton.

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