Chinatungsten Hi-Tech announced that the company held a board meeting on December 15, 2025 to consider using 400 million yuan of capital raised to increase capital to its wholly-owned subsidiary Hunan Shizhuyuan Nonferrous Metals Co., Ltd., and provide a loan of no more than 400 million yuan to implement the “Construction of the 10,000 t/d Mining and Technology Improvement Project of Kakizhuyuan Company”. The capital increase and loans will be used for project implementation. After the capital increase, the registered capital of Kakizhuyuan Company increased to 571 million yuan, and the company still holds 100% of the shares. The capital raised has been put in place, and 980 million yuan was actually used, mainly to pay transaction consideration and supplement working capital.

Chinatungsten Hi-Tech announced that the company held a board meeting on December 15, 2025 to consider using 400 million yuan of capital raised to increase capital to its wholly-owned subsidiary Hunan Shizhuyuan Nonferrous Metals Co., Ltd., and provide a loan of no more than 400 million yuan to implement the “Construction of the 10,000 t/d Mining and Technology Improvement Project of Kakizhuyuan Company”. The capital increase and loans will be used for project implementation. After the capital increase, the registered capital of Kakizhuyuan Company increased to 571 million yuan, and the company still holds 100% of the shares. The capital raised has been put in place, and 980 million yuan was actually used, mainly to pay transaction consideration and supplement working capital.