JIANGXI COPPER (00358) announced that on December 12, 2024, it received notification from its controlling shareholder, JIANGXI COPPER GROUP CO., LTD. ("Jiang Copper Group"), that Jiang Copper Group increased its shareholding of the company's H Shares ("H Shares") by 0.714 million shares, accounting for approximately 0.02% of the company's total issued share capital ("This Increase").

After this increase, Jiang Copper Group intends to continue increasing its H Shareholding ("Follow-up Increase Plan").

(1) Purpose of increasing shareholding: Based on recognition of the company's value and confidence in its future continuous and stable development, to convey positive information to the market and boost investor confidence.

(2) Types of shares intended to be increased in subsequent plans: unrestricted circulating H Shares.

(3) Quantity of shares intended to be increased in subsequent plans: the total number of H Shares to be increased (including the H Shares from this increase) will not be less than 34.6273 million H Shares (approximately 1% of the company's total issued share capital) and will not exceed 69.2546 million H Shares (approximately 2% of the company's total issued share capital).

(4) Implementation period of the follow-up increase plan: Considering market fluctuations, capital arrangements and other factors, the implementation period of the follow-up increase plan is within six months from the date of this announcement, and execution will be arranged according to the overall trend of the Capital Markets (if the company's stocks are suspended for more than 10 trading days due to planning major matters, the follow-up increase plan will be postponed until the company's stocks resume trading).

(5) Funding arrangement for the follow-up increase plan: The funds for the follow-up increase plan come from Jiang Copper Group's own funds.