Jin Xinuo: Plans to conduct hedging businesses for copper and tin futures in Shanghai with a total value not exceeding 200 million yuan.

Jin Xin Nuo announced that the company plans to carry out futures hedging business for Shanghai copper and Shanghai tin to manage the risk of raw material price fluctuations. The business will require a margin investment not exceeding 20 million yuan, with the highest contract value not exceeding 200 million yuan in any trading day. The business period is valid for 12 months from the date of shareholders' meeting approval, and the limit can be used in a revolving manner. On December 3, 2025, the board of directors and the special meeting of independent directors both approved the proposal. The company established a leadership group and a working group to revise management systems. The sponsoring institution believes that the business is reasonable and necessary, with no objections, but it still requires approval from the shareholders' meeting.