On November 18, Yunnan Jiantou Concrete announced that, in view of the expiration of the 2023 product sales framework agreement on December 31, 2025, the company and Yunnan Jiantou signed the 2026-2028 product sales framework agreement on November 17, 2025. To renew the 2023 Product Sales Framework Agreement.
In view of the fact that the term of the 2023 Framework Agreement for the Procurement of Raw Materials, Products and Services will expire on 31 December 2025, the Company and Yunnan Jiantou entered into the Framework Agreement for the Procurement of Raw Materials, Products and Services for 2026-2028 on 17 November 2025. To renew the 2023 Framework Agreement for the Procurement of Raw Materials, Products and Services. The term of the 2023 Financial Services Framework Agreement entered into between the Company and Yunnan Jiantou Finance Company will expire on 31 December 2025. In addition, the Company expects that the Group will need Yunnan Jiantou Finance Company to continue to provide financial services in the future, and will also need Yunnan Jiantou Factoring Company to provide factoring services. In order to facilitate the Company and Yunnan Jiantou to manage the connected transactions related to financial services, after negotiation by both parties, the Company and Yunnan Jiantou will enter into the 2026-2028 Financial Services Framework Agreement on 17 November 2025 to renew the 2023 Financial Services Framework Agreement and expand the types of transactions under the agreement.
On 17 November 2025, Phosphogypsum Company, a subsidiary of the Company, entered into a lease agreement (the "Lease Agreement") with Yunnan Jiantou Building Materials Technology Company Limited (the "Building Materials Technology Company"), a subsidiary of Yunnan Jiantou, to lease its land and buildings located in Anning City, Yunnan Province for office, production and living purposes. As such leases are expected to cause the 2025 annual cap under the Land and Properties Leasing Framework Agreement for 2025-2027 to exceed the existing annual cap, the 2025 annual cap under the Land and Properties Leasing Framework Agreement for 2025-2027 needs to be revised.
In addition, the Company has applied to the Stock Exchange for the resumption of trading in the Shares on the Stock Exchange with effect from 9:00 a.m. on 19 November 2025.
It is understood that Yunnan Construction and Investment Concrete announced on November 18 that the shares will be suspended from trading at 9 A. M. on November 18, 2025.
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