China Tungsten and High-tech Materials Co., Ltd. Selected as Sample Stock of Shenzhen Component Index for the First Time

On June 3, the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") issued the "Announcement on Adjusting the Sample Stocks of the Shenzhen Component Index, ChiNext Index, Shenzhen 100 Index, and Other Indices." The announcement indicated that, starting from June 16, the SZSE would adjust the sample stocks of the Shenzhen Component Index in accordance with the index compilation rules, with China Minmetals' subsidiary China Tungsten and High-Tech Materials Co., Ltd. (hereinafter referred to as "China Tungsten") being selected for the first time since its listing in 1996.

The Shenzhen Component Index selects 500 companies with large market capitalizations and good liquidity from the SZSE market as samples to reflect the overall performance of the Shenzhen stock market. Along with the Shanghai Composite Index, it is one of the two most important benchmark indices in China's securities market.

China Tungsten's inclusion in the Shenzhen Component Index represents full recognition by the capital market and securities regulatory authorities of its industry position, profitability, investment value, and governance standards, which is conducive to further enhancing its brand image in the capital market. In the future, China Minmetals will promote China Tungsten to continuously improve its corporate governance, strengthen capital operations, enhance market capitalization management, fully leverage its platform functions, and help build it into a world-class publicly listed firm in the tungsten industry.