‘The Shanghai International Energy Exchange (INE) has recently received the application for brand registration from HuLuDao Zinc Industry co.,ltd.. In accordance with rules including the Registration Rules for Deliverable Commodities of Bonded Copper Futures and following the on-site inspection and sample testing, INE determines that “HuXin” branded Grade A copper cathodes produced by HuLuDao Zinc Industry co.,ltd.. conform to all the specifications of the INE bonded copper futures contract. Accordingly, INE issues the following decisions:

1. INE approves the registration of “HuXin”branded Grade A copper cathodes produced by HuLuDao Zinc Industry co.,ltd.. with a registered production capacity of 100,000 mt and subject to standard delivery prices.

2. The above products are deliverable against relevant INE futures contracts as of the date of this Announcement.

Product information:

Registrant: HuLuDao Zinc Industry co.,ltd..

Place of Origin: No. 24 Xinchang Road, Longgang District, Huludao City, Liaoning Province

Product Name: Grade A Copper Cathode

Registered Trademark: HuXin

Labeling: (as shown below)

Dimension: Approx. 1,010×1,020×18 mm

Piece Weight: Approx. 160kg

Bundle Weight: Approx. 2,500 kg

Delivery Unit (25 mt): Approx.10 bundles

Packaging Material: Bundled together with four Approx. 0.9×32mm steel straps with surface anti-rust treatment tightly applied in a dual-line grid (#) pattern.

Applicable Standard: Requirements set forth in the futures contract

January 4, 2024’

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