On May 24, 2023, Zhuzhou Smelter Group Co.,Ltd. closed the transaction. The company amended the terms of the transaction, and the company will now issue 158,237,374 A shares at an issue price of CNY 7.40 per share for gross proceeds of CNY 1,170,956,567.60. The transaction will include participation from new investors Caitong Fund Management Co., Ltd., for 27,851,351 shares for CNY 206,099,997.40, Nuode Asset Management Co., Ltd., for 20,743,243 shares for CNY 153,499,998.20, Guoxin New Pattern (Beijing) Private Securities Fund Management Co., Ltd.- Guoxin Central Enterprise New Development Pattern Private Securities Investment Fund, for 13,513,513 shares for CNY 99,999,996.20, Jinan Jiangshan Investment Partnership Enterprise (Limited Partnership), for 13,513,513 shares for CNY 99,999,996.20, Shandong Land Capital Investment Group Co., Ltd., for 12,972,972 shares for CNY 95,999,992.80, Jinan Hanxiang Investment Management Partnership Enterprise (Limited Partnership), for 12,162,162 shares for CNY 89,999,998.80, China Asset Management Co., Ltd., for 11,351,351 shares for CNY 83,999,997.40, Guotai Junan Asset Management (Asia) Co., Ltd., for 9,791,433 shares for CNY 72,456,604.20, Beijing Tongfeng Private Fund Management Co., Ltd.- Beijing Tongfeng No.

11 Private Securities Investment Fund, for 8,405,405 shares for CNY 62,199,997,UBS AG, for 7,297,297 shares for CNY 53,999,997.80, Hunan Light Salt Venture Capital Management Co., Ltd.- Light Salt Zhixuan No. 35 Private Securities Investment Fund, for 5,229,729 shares for CNY 38,699,994.60, Qingdao Huixin Investment Partnership Enterprise (Limited Partnership), for 5,135,135 shares for CNY 37,999,999, individual investors Liu Ziqi, for 5,135,135 shares for CNY 37,999,999, and Liu Fujuan, for 5,135,135 shares for CNY 37,999,999.