2026 marks the opening year of the 15th Five-Year Plan. Against a backdrop of intensifying global macro volatility and China's deepening push for high-quality development, the zinc industry is undergoing profound transformation: ore-side tightness and the release of smelting capacity are creating structural tensions, while the divergence between domestic and overseas inventories reflects the complex dynamics of supply-demand rebalancing. Technological innovation is becoming a key driver to resolve contradictions and reshape the landscape. New energy, new-type infrastructure, and other priority areas under the 15th Five-Year Plan are injecting new momentum into traditional zinc consumption, while green, low-carbon, and circular economy models are accelerating the restructuring of industrial logic, propelled by technological innovation. With the joint support of upstream and downstream enterprises, industry associations, and relevant parties, SMM 2026 SMM Zinc Industry Conference & the 8th Hot-Dip Galvanizing Industry Development and Technology Innovation Forum & the 14th Zinc Salts, Zinc Oxide and Zinc Secondary Resources Development Forum & Cast Zinc Alloy Development Forum will be held on August 6–8 in Qingdao, Shandong. Under the theme “Harnessing Zinc Momentum · Building Zinc Industry · Embarking on a New Journey,” the conference will be driven by macro perspectives and fundamental analysis as dual engines, closely following the main theme of high-quality development under the 15th Five-Year Plan. It will focus on four dimensions—macro policies, supply-demand patterns, global trade, and technological innovation—leveraging technological breakthroughs to drive cost reduction and efficiency improvement, addressing market fluctuations through collaborative innovation, and jointly drawing a new blueprint for the high-quality and sustainable development of the zinc industry.‌ Jiangsu Runtong Zinc Industry Co., Ltd. will attend this grand event with distinction, discussing industry development trends with peers and jointly pushing the zinc industry to new heights. Click the to register now, witness and participate in this extraordinary and far-reaching industry event, and together create a brilliant new chapter! Jiangsu Runtong Zinc Industry Co., Ltd. is a specialized manufacturer of zinc oxide. The company boasts strong technical strength, complete production equipment, advanced production processes, and perfect testing methods, ensuring superior product quality. Its main products include calcined zinc oxide, direct-process zinc oxide, activated zinc oxide, and indirect-process zinc oxide. The raw materials used are zinc slag, zinc dross, low-grade zinc oxide, and zinc ash (furnace ash, malleable iron ash, small parts ash, etc.). The company’s annual production includes 20,000 mt of indirect-process zinc oxide, 15,000 mt of direct-process zinc oxide, and 30,000 mt of calcined zinc oxide, all produced using advanced domestic processes. All quality indicators meet or exceed national standards. The products feature pure white color and good dispersibility, making them suitable for the rubber, magnetic materials, and ceramics industries, and are widely praised by customers. The company strictly abides by integrity, adhering to the corporate philosophy of “Integrity in Conduct, Dedication in Action, and Heart in Zinc Making,” and the business approach of “Sincere Cooperation, Mutual Benefit and Win-Win,” to establish extensive friendships with industry peers worldwide. Contact Person Mr. Xu, 136-4155-2068 No. 209, Zhongxing Road, Daduo Town, Xinghua City, Jiangsu Province Long press to scan the QR code and register now 2026 SMM Zinc Industry Conference

As the inaugural year of the "15th Five-Year Plan," 2026 sees the zinc industry undergoing profound transformation against a backdrop of intensifying global macro fluctuations and the deepening of China's high-quality development initiatives. Structural tension has emerged between tight ore supply and the release of smelting capacity; diverging inventory trends inside and outside China reflect a complex supply-demand rebalancing; and technological innovation has become a key driver for resolving bottlenecks and reshaping the competitive landscape. New energy, new-type infrastructure, and other key areas highlighted in the 15th Five-Year Plan are injecting fresh momentum into traditional zinc consumption. Meanwhile, green, low-carbon, and circular economy imperatives, propelled by technological innovation, are accelerating the restructuring of the industry's underlying logic. With the collective support of upstream and downstream enterprises across the zinc industry, industry associations, and relevant stakeholders, SMM 2026 Zinc Industry Conference —held jointly with the 8th Hot-Dip Galvanizing Industry Development and Technology Innovation Forum, the 14th Zinc Salt, Zinc Oxide, and Secondary Zinc Resource Development Forum, and the Foundry Zinc Alloy Development Forum—is about to convene from August 6 to 8 in Qingdao, Shandong. Under the theme "Converging Zinc Momentum, Building the Zinc Industry, Embarking on a New Journey," the conference is driven by the twin engines of macro perspectives and fundamental analysis. Adhering closely to the high-quality development thread of the 15th Five-Year Plan, it focuses on four key dimensions—macro policies, supply-demand patterns, global trade, and technological innovation—aiming to drive cost reduction and efficiency gains through technological breakthroughs, address market volatility through collaborative innovation, and jointly chart a new blueprint for the high-quality, sustainable development of the zinc industry. Weifang Longda Zinc Industry Co., Ltd. will be prominently attending this grand event, joining industry peers to explore development trends and jointly propel the zinc industry to new heights. Click to register now and attend this profoundly significant and far-reaching industry event, joining us in creating a brilliant new chapter! I. Indonesia Plant Location: Kawasan Industri Modern Cikande, Modern Industrial Road, Block W, Number 3, Kecamatan Kibin, Kabupaten Serang, Provinsi Banten. Phase 1 of the base focuses on the production of multiple zinc products, including zinc oxide, zinc alloy, and zinc ingot. Among them, zinc oxide capacity reaches 60,000 mt/year, with commissioning and trial operation scheduled for October 2026. Zinc alloy and zinc ingot production lines are concurrently being established to enhance product supply capabilities. The primary output will be indirect process zinc oxide, ISCC PLUS-certified recycled zinc oxide, and national-standard zinc alloy and zinc ingot, supporting the company's expansion into global markets and extending its global green capacity footprint. II. Vietnam Plant Location: Phuoc Long Industrial Zone, Street No. 1, My An Commune, Tay Ninh Province. The base is being developed in multiple phases. The zinc alloy and zinc ingot project has already commenced operations, with a capacity of 20,000 mt/year. Phase 2 plans for a zinc oxide capacity of 30,000 mt/year, which is expected to be realized in Q1 2027, fully covering the production of all categories—zinc alloy, zinc ingot, and zinc oxide—to complete the overseas product matrix. 3. Two Major Production Sites in China (Integrated Layout) Leveraging profound technical expertise, Longda Zinc Industry’s plant focuses on the production of indirect process zinc oxide and ISCC PLUS certified recycled zinc oxide, with an annual capacity of 60,000 mt. Renowned for consistent quality and excellent performance, its products are widely used in various industrial fields such as rubber tires, paints and coatings, and ceramics, meeting both the demands of traditional industrial production and the stringent standards of high-end manufacturing. The company has built a reliable brand image in the market and, as a participant in standard-setting, contributes practical experience to the industry’s standardized development. Longda New Materials specializes in the resource recovery of zinc-containing solid waste, equipped with mature production processes and a comprehensive supporting system. The site can handle 3 categories of general industrial solid waste containing zinc (hot-dip galvanizing slag, hot-dip silicon-aluminum-zinc slag, tire pyrolysis slag, etc.) and 11 categories of hazardous waste containing zinc (hot-dip galvanizing ash, steel mill ash, steel cord copper mud, etc.), with an annual disposal capacity of 260 kt. Through advanced resource recovery processes, various zinc-containing wastes are harmlessly and efficiently transformed into zinc ingots meeting national standards and zinc alloy products. This model addresses industrial solid waste pollution at the source, reduces reliance on primary ores, and achieves the recycling of zinc resources. Once all four production sites in and outside China are fully operational, the company will achieve scale advantages with an annual capacity of 150 kt for zinc oxide, 100 kt for zinc ingot and zinc alloy, and a stable disposal capacity of 260 kt/year for solid and hazardous waste, further consolidating its industry position in zinc product manufacturing and resource recycling. Contact Yang Wenxue 18053607877 sales@wflongda.com Long-press or scan the code to register now 2026 SMM Zinc Industry Conference

Supply Side: Lower Year-on-Year Operating Rates, Extended Spring Festival Holiday Restricting Capacity Output.The overall supply of the zinc oxide industry in H1 2026 was characterized by "shrinking output and weak operating rates".

[Cost Squeeze and Overcapacity: 2026 Zinc Oxide H1 Review and Market Outlook] Overall H1 operating run showed a trend of “low-level pullback during Chinese New Year — phased recovery after the holiday — weakening again in the off-season”, with the industry average operating rate in H1 falling 0.11 percentage points YoY.

SMM learns that zinc slag payables remain relatively stable at high levels in recent years. What are the reasons? How will they perform in the future?

Zinc calcine processing fees edged down in May—how will they trend in June?