[SMM Tin Morning Brief: Bulls took profits on the eve of the nonfarm payrolls, SHFE tin 2609 night session closed at 431,080 yuan/mt]

"Tin" Leads the Future: Industrial Transformation and Value Reshaping in the New Cycle – Conference Background Currently, the global tin industry stands at a historic turning point, where traditional cyclical logic has been thoroughly shattered and its strategic value has been fully highlighted. In 2026, the tin market exhibits an unprecedentedly complex pattern and profound transformation: I. Deep Restructuring of the Supply-Demand Pattern and an Unprecedented Increase in Strategic Attributes The global static reserve-production ratio of tin resources is only 14 years, with scarcity becoming increasingly pronounced. The supply side is under "triple pressure": repeated disruptions in Myanmar’s production resumptions, continued tightening of Indonesian policies, and elevated geopolitical risks in the DRC; resource constraints have already become a new norm. Meanwhile, the demand structure is undergoing a fundamental shift, and tin has emerged as a strategic resource linking traditional manufacturing with a digital future. II. Price System Breaks Through Historical Records, Reshaping of the Industrial Ecology In early 2026, SHFE tin prices broke through 470,000 yuan/mt, reaching an all-time high. This price breakthrough not only reflects a supply-demand imbalance but also signals a reassessment of the tin industry's value. Traditional trade models, risk management systems, and supply chain collaboration methods are in urgent need of innovative breakthroughs. III. Technology-Driven and Green Transition Foster a New Symbiotic Ecosystem Digital and smart technologies are deeply empowering the tin industry chain. The global green transition demands an upgrade toward low-carbon practices and a circular economy, making recycled tin recovery and green smelting processes essential paths. All segments of the industry chain must shift from competition to collaboration, building an open, resilient, and innovative symbiotic system. In this context, from August 19 to 21, 2026, in Changsha, Hunan, the 2026 SMM (16th) Tin Industry Chain Conference will bring together global industry elites for in-depth discussions. Jiangxi Ningheda New Materials Co., Ltd. will attend this grand event, discussing industry development trends with industry peers and jointly pushing the tin industry to new heights. Click to sign up now, witness and participate in this extraordinary and far-reaching industry event, and create a brilliant new chapter together! Founded in 2017, Jiangxi Ningheda New Materials Co., Ltd. is located at No. 966 Tiangong South Avenue, High-Tech Industrial Park, Fengxin County, Yichun City, Jiangxi Province, and is a holding subsidiary of Jiangxi Ningxin New Materials Co., Ltd. (hereinafter referred to as Ningxin New Materials). Founded in 2007, Jiangxi Ningxin New Materials Co., Ltd. is an enterprise specializing in the R&D, production, and sales of special graphite. The company owns a complete set of special graphite production equipment, with process technology at an advanced level in China, and its market share holds a leading position in the special graphite industry. On November 8, 2016, Ningxin New Materials was successfully listed on the New Third Board (stock abbreviation: Ningxin New Materials, stock code: 920719). In 2020, it was selected as a national-level specialized and new "little giant" enterprise. In May 2023, it was successfully listed on the Beijing Stock Exchange. Jiangxi Ningheda New Material Co., Ltd. is mainly engaged in graphite product machining and graphite product support services. It specializes in providing graphite materials, graphite electrodes and related graphite products for the lithium battery industry, machinery industry, electronic semiconductor and solar photovoltaic industries, as well as corresponding application technical services and technical upgrade solutions for these industries and products. With excellent production technology, strong service awareness, and high market share, Jiangxi Ningheda New Material Co., Ltd. has developed rapidly by leveraging the raw material, capital and management advantages of its parent company Ningxin New Materials. It is committed to extending the special graphite industry chain and contributing to building a comprehensive graphite industry strategy in the future. Established in 2017, located at No. 966 of Tiangong South Avenue, High-tech Industrial Park, Fengxin County, Yichun City, Jiangxi Province, China, Jiangxi Ningheda New Material Co., Ltd. is a subsidiary of Jiangxi Ningxin New Material Co., Ltd. Jiangxi Ningxin New Materials Co., Ltd. was established in 2007. It is an enterprise specializing in the research and development, production and sales of special graphite. With a full set of special graphite production equipment, the process technology has reached advanced level in the domestic market, and its market share in the special graphite industry is far ahead. On November 8, 2016, Ningxin New Materials was successfully listed on the New Third Board (stock abbreviation: Ningxin New Materials, stock code: 920719). In 2020, it was selected as a national-level specialized and new "little giant" enterprise. In May 2023, Ningxin was successfully listed on the Beijing Stock Exchange. Jiangxi Ningheda New Material Co., Ltd. is mainly engaged in graphite product processing and graphite product matching service, providing graphite materials, graphite electrodes and graphite products for the lithium industry, machinery industry, semiconductor and solar photovoltaic industry, along with corresponding product technical services and technical application update programs. With excellent production technology, good customer service, high market share, and relying on the advantages of new materials, capital and management of its parent company (Jiangxi Ningxin New Material Co., Ltd.), Jiangxi Ningheda New Material Co., Ltd. has developed quickly. We devote to the extension of the special graphite industry chain, and make contributions for building the future whole graphite industry strategy. Contact Deng Qin 18179589702 Email: Address: No. 966, Tiangong South Avenue, High-tech Industrial Park, Fengxin County, Yichun City, Jiangxi Province Long press to scan the QR code to register 2026 SMM (16th) Tin Industry Chain Conference

"Tin" Leading the Future: Industry Transformation and Value Reshaping in a New Cycle Conference Background Currently, the global tin industry stands at a historic turning point. Traditional cyclical logic has been thoroughly disrupted, and its strategic value has become fully apparent. The tin market in 2026 presents an unprecedentedly complex landscape and profound changes: I. Supply-Demand Pattern Deeply Restructured, Strategic Attributes Elevated to New Heights The global static reserve-to-production ratio of tin is only 14 years, making its scarcity increasingly prominent. The supply side faces "three-fold pressures": repeated disruptions in Myanmar's production resumption progress, continuously tightening policies in Indonesia, and ongoing geopolitical risks in the DRC. Resource constraints have already become the new normal. Meanwhile, the demand structure has undergone a fundamental shift, and tin has become a strategic resource connecting traditional manufacturing with the digital future. II. Price System Breaks Historical Records, Industry Ecosystem Faces Reshaping In early 2026, the SHFE tin price surpassed 470,000 yuan/mt, reaching a record high. This price breakthrough reflects not only the supply-demand imbalance but also signals a revaluation of the tin industry. Traditional trade models, risk management systems, and supply chain collaboration methods are all in urgent need of innovative breakthroughs. III. Technology-Driven and Green Transition Give Rise to a New Symbiotic Ecosystem Digital and intelligent technologies are deeply empowering the tin industry chain. The global green transition demands that the tin industry upgrade towards low-carbon and circular economy, making recycled tin recovery and green smelting processes an inevitable path. All segments of the industry chain must shift from competition to collaboration, building an open, resilient, and innovative symbiotic system. Against this backdrop, August 19-21, 2026 , to be held in Changsha, Hunan , the 2026 SMM (16th) Tin Industry Chain Conference will gather global industry elites for joint discussions. Mining Mineral Resources will attend this grand event, jointly discussing industry trends with peers, and working together to push the tin industry to new heights. Click the to register now and attend the conference, to witness and participate in this significant and far-reaching industry event together, and create a glorious new chapter! Why Tin Matters Tin is essential to modern life. It is the material that connects every electronic system, used in solder to join the circuits inside smartphones, vehicles, data centers, and infrastructure. More than half of the world’s tin is used in electronics, acting as the “conductive glue” that allows technology to function. As global demand for digitalization, clean energy, and advanced manufacturing accelerates, tin has become a critical enabler of the modern economy. A Shift from Extraction to Value Africa holds significant tin resources. But historically, much of this value has left the continent in raw form. Today, that is changing. A new model is emerging, one focused on processing, manufacturing, and retaining value closer to source. MMR: Leading Tin Transformation in Africa Mining Mineral Resources (MMR) operates Africa’s largest tin smelter and the only RMI-certified tin smelter in the Democratic Republic of Congo. By investing in in-country processing, MMR is moving beyond raw material exports, transforming tin into refined metal that meets international standards. From Ore to Alloy: A Fully Integrated System MMR is building one of the continent’s first end-to-end tin value chains: Upstream (DRC): Responsible sourcing and smelting Midstream: Production of LME-Grade Refined Tin Downstream (South Africa): Conversion into Alloys and Finished Products NASCO: Extending Value into Manufacturing Through its strategic partnership with NASCO in South Africa, this value chain extends into high-quality tin-based products, including: Solder ingots Solder wire and bars Tin alloys for industrial applications This downstream capability is critical. It transforms refined tin into materials used directly in global manufacturing, closing the loop between resource and end use. Responsible, Scalable, Global MMR’s operations are aligned with international standards, delivering fully traceable and responsibly sourced tin to global markets. With growing demand across electronics, automotive, and energy sectors, the need for reliable and ethical supply chains has never been greater. Putting Africa on the Map From resource to refined metal to finished products, MMR is helping redefine Africa’s role in the global tin industry. Not just as a source of minerals, but as a hub for value-added production and industrial growth. Contact www.mmrdrc.com | www.nationalsolder.com Long press and scan the QR code to register now The 16th SMM Tin Industry Chain Conference 2026

[SMM Tin Morning Brief: ISM 55.6 Strengthens September Rate Hike, Intensifying Tug-of-War in SHFE Tin Prices at High Levels]

"Tin" Guiding the Future: Industrial Transformation and Value Reshaping in the New Cycle Conference Background Currently, the global tin industry stands at a historic turning point. Traditional cyclical logic has been completely disrupted, and its strategic value has been fully highlighted. In 2026, the tin market presents an unprecedentedly complex pattern and profound changes: I. Deep Restructuring of the Supply-Demand Pattern and Unprecedented Elevation of Strategic Attributes The global static reserve-to-production ratio of tin resources is only 14 years, making its scarcity increasingly prominent. The supply side faces "triple pressures": recurring production resumptions in Myanmar, persistently tightening policies in Indonesia, and high geopolitical risks in the DRC, making resource constraints a new normal. Meanwhile, the demand structure has undergone a fundamental shift, with tin becoming a strategic resource connecting traditional manufacturing and the digital future. II. The Price System Breaks Historical Records, and the Industrial Ecosystem Faces Reshaping In early 2026, the SHFE tin price exceeded 470,000 yuan/mt, hitting a record high. This price breakthrough not only reflects a supply-demand imbalance but also signifies a revaluation of the tin industry. Traditional trading models, risk management systems, and supply chain collaboration methods are all in urgent need of innovative breakthroughs. III. Technology-Driven and Green Transformation Foster a New Symbiotic Ecosystem Digital and intelligent technologies are deeply empowering the tin industry chain. The global green transformation requires the tin industry to upgrade towards low-carbon and circular economy models, with recycled tin recovery and green smelting processes becoming inevitable paths. All links in the industry chain must shift from competition to collaboration, building an open, resilient, and innovative symbiotic system. Against this backdrop, the August 19-21, 2026, Changsha, Hunan 2026 SMM (16th) Tin Industry Chain Conference will bring together global industry elites for in-depth discussions. Ganzhou Kaiyuan Technology Co., Ltd. will attend this grand event, joining industry peers to discuss industry development trends and jointly propel the tin industry to new heights. Click the to register for the conference immediately, witness and participate in this extraordinarily significant and far-reaching industry event, and create a brilliant new chapter together! Founded in June 2005, Ganzhou Kaiyuan Technology Co., Ltd. is a modern environmental protection technology enterprise with significant core competitiveness and industry influence in China's non-ferrous metal comprehensive recycling and circular economy sector. The company is deeply engaged in the track of renewable non-ferrous metal resource utilization, focusing on achieving efficient, comprehensive recovery of tin based on tin-containing raw materials, while simultaneously recovering up to 15 valuable non-ferrous metal products, including lead, antimony, bismuth, zinc, copper, gold, and silver. It is one of the benchmark enterprises in China with the most complete range of recycled metal categories. With advanced technology and a professional team, the company is dedicated to transforming waste resources into valuable assets, contributing to sustainable resource utilization and environmental protection. The company currently has over 1,000 employees and strong comprehensive strength. It has been recognized as a key enterprise at provincial, municipal, and district levels and as a leading manufacturing enterprise in Jiangxi Province, with its industry position and comprehensive strength firmly ranking in the first tier of the regional industry. It was honored as a 10-billion-yuan industrial enterprise for 2021-2022 and has been listed among the Top 100 Private Enterprises in Jiangxi Province for many consecutive years. In 2022 and 2025, it also successfully entered the Top 500 Private Manufacturing Enterprises in China (ranked 430th and 499th), fully demonstrating the company’s strong operational capability and core competitiveness in the industry. Emphasizing both quality and environmental protection is the company’s core development principle. The enterprise strictly adheres to the highest industry standards in production and operation, and has successfully passed the dual authoritative certifications of ISO quality management system and ISO environmental management system. It has established a standardized, regulated, and refined production control and environmental management system, ensuring stable and excellent product quality while strictly upholding the bottom line of ecological and environmental protection, demonstrating its responsibility and commitment. To implement the green development concept of the central government and the provincial party committee and government, and actively responding to the call of the district party committee and government for “relocating from urban areas to suburbs and carrying out off-site technological transformation,” the company relocated to Longhua Industrial Park, Nankang District, Ganzhou City, Jiangxi Province in 2016. The new plant covers a total area of 540 mu (about 36 hectares), with a total project investment of 2.06 billion yuan. After upgrading and equipment renewal, it officially began production in May 2018, fully achieving intelligent production, standardized environmental protection, and scaled industrial upgrading, laying a solid hardware foundation for the company’s high-quality development. The company’s main products are refined tin ingots, with by-products including sodium tungstate, copper cathode, lead, bismuth, and other metals, as well as rare and precious metals such as gold, silver, palladium, platinum, rhodium, indium, germanium, and tellurium. For a long time, the company has adhered to the core strategy of parallel development of technological innovation and ecological advancement, continuously deepening core technologies for comprehensive utilization of tin-containing raw materials, increasing investment in tin smelting process R&D and environmental protection equipment, and continuously improving the industrial chain layout and extending the industry value chain, thereby promoting industrial quality improvement, efficiency enhancement, and green upgrading. Its business performance has grown steadily and robustly. From 2021 to 2025, the company’s main business revenue exceeded 10 billion yuan for five consecutive years, solidifying its status as a 10-billion-yuan industrial enterprise. Currently, the company’s annual capacity for refined tin exceeds 50,000 mt, with over 20,000 mt for other metals, accounting for one-fifth of national production and ranking among the top 2 nationwide. It is one of China’s important enterprises with the most varieties of comprehensively recovered precious metals. Contact Information Tel: 86-797-6581062 Address: Longhua Industrial Park, Nankang District, Ganzhou City, Jiangxi Province Long press the QR code to register now 2026 SMM (16th) Tin Industry Chain Conference

"Tin" Leads the Future: Industry Transformation and Value Reshaping in the New Cycle Conference Background Currently, the global tin industry is at a historic turning point. Traditional cyclical logic has been completely shattered, and strategic value has been fully highlighted. The tin market in 2026 is exhibiting an unprecedented complex pattern and profound transformation: I. Deep Reconstruction of Supply-Demand Pattern, Unprecedented Enhancement of Strategic Attributes The global static reserve-to-production ratio of tin resources is only 14 years, with scarcity becoming increasingly prominent. The supply side faces "triple pressure": the repeated delays in production resumptions in Myanmar, persistently tightening policies in Indonesia, and high geopolitical risks in the DRC. Resource constraints have become the new normal. Meanwhile, the demand structure is undergoing a fundamental shift, and tin has become a strategic resource connecting traditional manufacturing with the digital future. II. Price System Breaks Historical Records, Industry Ecology Faces Reshaping In early 2026, SHFE tin prices broke through 470,000 yuan/mt, reaching a historical high. This price breakthrough not only reflects supply-demand imbalance but also marks a revaluation of the tin industry's value. Traditional trade models, risk management systems, and supply chain collaboration methods all urgently need innovation and breakthroughs. III. Technology-Driven and Green Transformation Foster a New Symbiotic Ecosystem Digitalization and intelligent technologies are deeply empowering the tin industry chain. The global green transformation requires the tin industry to upgrade towards low-carbon and circular economy, with recycled tin recovery and green smelting processes becoming the inevitable path. All links in the industry chain must shift from competition to collaboration, building an open, resilient, and innovative symbiotic system. Against this backdrop, on August 19-21, 2026 in Changsha, Hunan held 2026 SMM (16th) Tin Industry Chain Conference will gather global industry elites for joint discussions. Shanghai Jiushi Metal Materials Co., Ltd. will attend this grand event, discussing industry development trends with peers and jointly promoting the tin industry to new heights. Click to register now and attend the conference, to witness and participate in this extraordinary and far-reaching industry event, and to jointly create a brilliant new chapter! Founded in 2008 with a registered capital of 100 million yuan, Shanghai Jiushi Metal Materials Co., Ltd. is a comprehensive enterprise specializing in non-ferrous metal raw material trading and integrating domestic and international trade resources. For over a decade, the company has deeply cultivated its main business in non-ferrous metals, consistently adhering to a philosophy of steady operation and professional service capabilities, steadily consolidating its brand and market foundation. It has accumulated a solid cooperation foundation and a good market reputation within the industry. The company primarily deals in electrolytic tin ingots, #1 electrolytic lead ingots, silver, nickel plates, zinc ingots, lead concentrates, and other non-ferrous metal products. It has formed a multi-category, full-chain supply chain service system, with a processing capacity of 30,000 mt of alloys, capable of meeting clients' diversified and integrated procurement and processing needs. After years of prudent strategic planning, the company has maintained a steady trade scale with ample supply reserves. Its current annual sales include 15,000 mt of tin ingots, 2,000 mt of silver, 200,000 mt of No.1 primary lead ingots, 300,000 mt of zinc ingots, 20,000 mt in metal content of lead concentrates, and 50,000 mt of nickel plates. Its total trade volume exceeded 10 billion yuan in 2025, demonstrating large-scale, regular, and sustainable stable supply capabilities. The company has always adhered to the business philosophy of "integrity and quality assurance, customer first, mutual benefit and symbiosis, and win-win cooperation," deeply cultivating the upstream and downstream of the industry chain and establishing a mature and stable supply-demand cooperation system. Upstream, it has long connected with large smelters in core production areas such as Yunnan, Guangxi, Zhejiang, Jiangxi, and Inner Mongolia, maintaining long-term stable strategic cooperation to control purity and quality at the source, ensuring sufficient supply and stable quality of tin ingots and various non-ferrous metal raw materials. Downstream, with Shanghai and Guangdong as core hubs, it has built a nationwide sales and service network covering east China, south China, and north China, offering rapid service response and stable, efficient delivery. With tin ingot trade as its core business, the company relies on ample spot reserves, stable source supply, and large-scale supply advantages to precisely connect with various downstream end-users, mainly serving clients in manufacturing fields such as electronics, PV, new energy, alloys, and chemicals. It can continuously and stably supply high-purity tin ingots and supporting non-ferrous metal raw materials according to different customers' production standards and material requirements. With service advantages of precise matching, controllable quality, and timely delivery, it has served a wide range of partners over the long term, accumulating a solid customer base and a strong industry reputation. In terms of operations and management, the company has established a standardized internal management system and a rigorous risk control and compliance system, strictly adhering to compliance bottom lines and tightly controlling operational risks to ensure long-term stable business operations. At the same time, leveraging deep industry expertise and market insights, it continuously optimizes its trade service models, flexibly uses diversified financial and trade financing tools, and customizes suitable cooperation plans based on actual customer needs, achieving mutual benefit and win-win outcomes for both sellers and buyers under the premise of sound risk control. Looking ahead, Shanghai Nine Stone Metal will continue to uphold the development concept of pragmatism, innovation, and steady progress, continuously optimizing its risk control system and enhancing the professional capabilities of its team. It will further improve the entire industry chain layout of non-ferrous metals, consolidate its core advantages in tin materials, steadily expand downstream markets and emerging application fields, and continuously advance high-quality and stable development. The company will join hands with industry peers and clients to cooperate and create mutual success. Founded in 2008 with a registered capital of RMB 100 million, Shanghai Nine Stone Metal Materials Co., Ltd. is a professional integrated enterprise engaged in non-ferrous metal commodity trading and global supply chain resource integration. With more than ten years of focused cultivation in the non-ferrous metal sector, the company has upheld a conservative operational strategy and premium service norms, steadily strengthened its brand equity and market foothold, and fostered stable cooperative relationships and a prestigious market standing within the industry. The company’s mainstream product lineup comprises electrolytic tin ingots, 1# standard electrolytic lead ingots, fine silver, nickel cathode plates, zinc ingots and lead concentrates, covering a full range of mainstream non-ferrous metal commodities. It has built a one-stop diversified supply chain service system, paired with an annual alloy processing capacity of 30,000 tons, to satisfy clients’ comprehensive customized procurement and processing demands. Supported by long-term strategic market deployment, the company boasts sustainable trading scale and adequate spot inventory. Its annual trading volume stands at 15,000 tons of tin ingots, 2,000 tons of fine silver, 200,000 tons of 1# standard electrolytic lead ingots, 300,000 tons of zinc ingots, 20,000 metal tons of lead concentrates and 50,000 tons of nickel plates. The company’s total trading turnover exceeded RMB 10 billion in 2025, enabling large-scale, standardized and enduring bulk commodity supply capacity. Adhering to the corporate principle of Integrity and Quality Priority, Customer Centricity, Mutual Benefit and Win-Win Partnership, the company has deeply penetrated the upstream and downstream segments of the industrial chain and established a mature and stable supply-demand collaboration system. Upstream, it maintains long-term strategic cooperative partnerships with benchmark smelting enterprises in core producing areas including Yunnan, Guangxi, Zhejiang, Jiangxi and Inner Mongolia. Through strict source quality control over product purity and specifications, the company guarantees stable supply and consistent quality uniformity of tin ingots and all non-ferrous metal commodities. Downstream, with Shanghai and Guangdong as core regional hubs, it has established a nationwide sales and after-sales service network covering East, South and North China, featuring rapid response and reliable full-cycle delivery efficiency. Centering on tin ingot bulk trading as its core pillar business, the company serves terminal manufacturing enterprises across electronics, photovoltaic, new energy, alloy manufacturing and fine chemical industries, relying on sufficient spot stock reserves, stable upstream resource channels and large-scale bulk supply advantages. It is capable of supplying high-purity tin ingots and supporting non-ferrous metal materials in a sustained manner in compliance with clients’ customized production criteria and material technical requirements. Driven by precise commodity matching, standardized quality control and on-time delivery assurance, the company has served a large number of long-term strategic partners and accumulated solid customer resources and superior industrial credibility. In corporate governance and operational management, the company has implemented standardized internal management mechanisms and established a rigorous compliance and risk management & control (RMC) system. It strictly abides by industrial specifications and regulatory policies, effectively mitigates operational risks, and ensures the long-term stable and compliant operation of all trading businesses. Drawing on profound industrial experience and forward-looking market insight, the company continuously optimizes its trading service model, flexibly applies diversified trade financing and financial instruments, and develops personalized cooperation solutions tailored to clients’ actual operational needs, realizing sustainable mutual benefit and win-win development for both supply and demand parties under standardized risk control. Looking forward, Shanghai Nine Stone Metal will continue to uphold the development tenet of pragmatism, innovation and steady progression. The company will further iterate and upgrade its risk control system, improve the professional competency of its core team, optimize the full industry chain layout of non-ferrous metal commodities, and consolidate its leading edge in tin material trading. It will steadily expand downstream market coverage and emerging industry application scenarios, promote high-quality and sustainable corporate development, and join hands with industrial peers and global clients to deepen strategic cooperation and create shared industrial value. Contact Information Zhou Long 15821697119 Wang Lin 18616349359 Long press to scan the code for immediate registration 2026 SMM (16th) Tin Industry Chain Conference

"Tin" Leading the Future: Industrial Transformation and Value Reshaping in a New Cycle Conference Background Currently, the global tin industry is at a historic turning point, traditional cyclical logic has been completely broken, and its strategic value has been fully underscored. In 2026, the tin market is presenting an unprecedentedly complex pattern and profound transformation: 1. Supply-Demand Pattern Undergoes Profound Restructuring, Strategic Attributes Elevated to Unprecedented Levels The global static reserve-to-production ratio of tin resources is only 14 years, with scarcity becoming increasingly pronounced. The supply side faces "triple pressures": Myanmar's production resumptions have been repeatedly disrupted, Indonesia's policies continue to tighten, and geopolitical risks in the DRC remain elevated. Resource constraints have become the new normal. Meanwhile, the demand structure is undergoing a fundamental shift, and tin has become a strategic resource linking traditional manufacturing and the digital future. 2. Price System Breaks Through Historical Highs, Industry Ecosystem Faces Restructuring In early 2026, SHFE tin prices broke through 470,000 yuan/mt, hitting an all-time high. This price breakthrough is not only a manifestation of supply-demand imbalance, but also a symbol of the value revaluation of the tin industry. Traditional trade models, risk management systems, and supply chain collaboration methods all urgently need innovative breakthroughs. 3. Technology-Driven and Green Transformation Foster a New Symbiotic Ecosystem Digital and intelligent technologies are deeply empowering the tin industry chain, the global green transition requires the tin industry to upgrade toward low-carbon and circular economy, recycled tin recovery and green smelting processes become the necessary path. All segments of the industry chain must shift from competition to collaboration, building an open, resilient, and innovative symbiotic system. Against this backdrop, August 19-21, 2026 in Changsha, Hunan held 2026 SMM (16th) Tin Industry Chain Conference will gather global industry elites to explore together. Hongchen Metals Trading Co., Ltd. will attend this grand event, discuss industry development trends with industry peers, and jointly promote the tin industry to new heights. Click to register now to attend, jointly witness and participate in this extraordinary and far-reaching industry event, and co-create a brilliant new chapter! Founded in April 2012, Hongchen Metals Trading Co., Ltd. is headquartered in Beijing, with representative offices in Shanghai, Yunnan, Tianjin, Hong Kong, and Thailand. After years of development, the company has built a comprehensive metals trading platform integrating import and export trade and domestic sales. Our core business focuses on tin ore, tungsten ore, tantalum-niobium ore, tin ingot, and other non-ferrous metals, earning broad recognition in and outside China. The company has an experienced trading and research team that has accumulated deep expertise and experience in non-ferrous metals industry operations, market price trends, trading and business execution, and has built strong upstream and downstream industry chain resources and warehousing and logistics networks, with business spanning major non-ferrous metal producing and consuming regions globally. Upholding the "integrity-based, service first" business philosophy, the company consistently serves every client with a professional, dedicated and responsible attitude. Looking ahead, Hong Kin Metals will deepen strategic collaboration with global partners, further expand its business scope in import and export trade and the integration of futures and physicals, while strengthening internal operational efficiency, continuously enhancing industry expertise and enriching resources in and outside China, striving to become a first-class non-ferrous metal trading service provider in the industry. Hong Kin Metals was established in April 2012, with its headquarters in Beijing. It has also set up representative offices in Shanghai, Yunnan, Tianjin, Hong Kong and Thailand. After years of development, the company has built a comprehensive metal trading platform integrating import and export trade and domestic sales. Our business focus on tin, tungsten, tantalum and other non-ferrous metals, and has gained wide recognition in both domestic and international markets. The company has accumulated profound expertise and experience on market price trends, transactions and operations in the metals industry with an experienced trading and research team. We have established a strong upstream and downstream industrial chain resources, warehousing and logistics network, with operations in major non-ferrous metals producing and consuming regions around the world. Hong Kin Metals adhering to the "integrity-based, service first" business philosophy, has always been professional, conscientious, responsible attitude to serve every customer. Hong Kin Metals will deepen the strategic cooperation with global partners, further expand the business scope of trading, enrich China and the global resources, and strive to be as a first-class trading company in the industry. Contact Cui Juan 18501019852 Mo Naiyun 15300056805 Long press and scan to register now 2026 SMM (16th) Tin Industry Chain Conference

“Tin” Leads the Future: Industrial Transformation and Value Reshaping in the New Cycle Conference Background At present, the global tin industry is standing at a historic turning point. The traditional cycle logic has been completely broken, and tin’s strategic value has become fully evident. In 2026, the tin market is presenting an unprecedentedly complex landscape and profound transformation: I. The Supply-Demand Pattern Is Being Deeply Restructured, and Strategic Attributes Are Rising to an Unprecedented Level The global tin resource static reserve-to-production ratio is only 14 years, and scarcity is becoming increasingly prominent. The supply side is facing “triple pressure”: repeated twists and turns in Myanmar’s production resumptions, continued tightening of Indonesia’s policies, and elevated geopolitical risks in the DRC. Resource constraints have become the new normal. Meanwhile, the demand structure has undergone a fundamental shift, and tin has become a strategic resource connecting traditional manufacturing with the digital future. II. The Pricing System Breaks Through History, and the Industry Ecosystem Faces Reshaping In early 2026, SHFE tin prices broke through 470,000 yuan/mt, setting a record high. This price breakthrough is not only a reflection of the supply-demand imbalance, but also a sign of value reassessment across the tin industry. Traditional trading models, risk management systems, and supply chain collaboration approaches are all in urgent need of innovative breakthroughs. III. Technology-Driven and Green Transformation Give Rise to a New Symbiotic Ecosystem Digital and intelligent technologies are deeply empowering the tin industry chain. The global green transformation requires the tin industry to upgrade toward low-carbon development and a circular economy. Recycled tin recovery and green smelting processes have become the only way forward. Every link of the industry chain must shift from competition to collaboration, building an open, resilient, and innovative symbiotic system. Against this backdrop, on August 19-21, 2026 , held in Changsha, Hunan , the 2026 SMM (16th) Tin Industry Chain Conference will bring together global industry elites for joint discussions. Honghe Prefecture Jucheng Industrial Co., Ltd. will attend this grand event to discuss industry development trends with industry peers and work together to drive the tin industry to new heights. Click the to register for the conference now, and jointly witness and participate in this extraordinary and far-reaching industry event, creating a brilliant new chapter together! Honghe Prefecture Jucheng Industrial Co., Ltd. (hereinafter referred to as the Company) is a comprehensive enterprise deeply engaged in the tin ingot import trade sector. With a global resource footprint, entire industry chain collaboration advantages, and an innovative and enterprising development strategy, it has established an outstanding brand image in the non-ferrous metals trading industry. HHZJC Industrial & Commercial Co., Ltd. ("the Company" for short) is a comprehensive enterprise engaged in tin ingot import. Leveraging a global resource layout, synergistic advantages across the entire industrial chain, and innovative, enterprising development strategies, the Company has established an outstanding brand image in the non-ferrous metals trading sector. The Company was incorporated on December 29, 2022, as a state-owned holding subsidiary of Honghe Prefecture State-owned Assets (Holding) Management Co., Ltd., with a registered capital of RMB 100 million. The Company was established on December 29, 2022, as a state-owned holding subsidiary of Honghe Autonomous Prefecture State-owned Assets Holding Management Limited Company, with a registered capital of RMB 100 million. The Company's team has been deeply engaged in the industry for a decade, possessing extensive resources and experience across the entire industrial chain. It pursues progress while ensuring stability, with a global perspective. As a trailblazer focused on tin ingot import and export, the Company stands out amid fierce market competition thanks to its outstanding resource integration capabilities, professional service team, and innovative development philosophy. It now serves as a vital bridge linking domestic and international tin ingot markets. The Company's team has been deeply engaged in the industry for a decade, possessing extensive resources and experience across the entire industrial chain. It pursues progress while ensuring stability, with a global perspective. As a trailblazer focused on tin ingot import and export, the Company stands out amid fierce market competition thanks to its outstanding resource integration capabilities, professional service team, and innovative development philosophy. It now serves as a vital bridge linking domestic and international tin ingot markets. 1. Globalized Supply Source Network, Strengthening the Foundation of Supply and Marketing 1. Globalized Sourcing Network, Strengthening the Foundation of Supply and Marketing Overseas, the Company has established long-term and stable strategic partnerships with key production regions, including Indonesia, Singapore, Peru, Colombia, and Nigeria. Indonesia, with its advanced smelting technology and abundant mineral resources, provides us with high-purity, high-quality tin ingots; Singapore, leveraging its status as an international shipping hub, facilitates efficient logistics transshipment; and the distinctive tin ore resources of Peru, Colombia, and Nigeria cater to diversified client needs. In China, the Company has forged deep cooperation with major smelters. Through a stable local supply network, it achieves complementary advantages between domestic and overseas resources, establishing a flexible and efficient raw material supply and marketing system that ensures supply stability and cost competitiveness. Internationally, the Company has established long-term and stable strategic partnerships with key production regions, including Indonesia, Singapore, Peru, Colombia, and Nigeria. Indonesia, with its advanced smelting technology and abundant mineral resources, provides the Company with high-purity, high-quality tin ingots. Singapore leverages its role as an international shipping hub to facilitate efficient logistics and transshipment. The distinctive tin ore resources from Peru, Colombia, and Nigeria satisfy the diversified needs of the Company's customers. Domestically, the Company has achieved deep collaborations with major smelters. By maintaining a stable local supply network, the Company has complemented domestic and international resource advantages and built a flexible and efficient raw material supply and marketing system to ensure stable product supply and cost competitiveness. 2. Synergy Across the Entire Industrial Chain, Unlocking Aggregated Efficiency 2. Synergy Across the Entire Industrial Chain, Unlocking Aggregated Efficiency As a result of the group's strategic layout, the Company has numerous sister enterprises, with operations spanning the full industrial chain, including tin exploration and mining, mineral processing and refining, and warehousing and logistics. By collaborating closely with these sister enterprises, the Company has exercised full control over the entire process—from tin mining to tin ingot manufacturing. This has not only greatly enhanced production efficiency and reduced overall costs, but also strictly ensured product quality. Thanks to the comprehensive industrial chain advantage, the Company offers customized procurement solutions and responds rapidly to order requirements, establishing itself as a highly competitive resource integration platform within the industry. As a result of the group's strategic layout, the Company has numerous sister enterprises, with operations spanning the full industrial chain, including tin exploration and mining, mineral processing and refining, and warehousing and logistics. By collaborating closely with these sister enterprises, the Company has exercised full control over the entire process—from tin mining to tin ingot manufacturing. This has not only greatly enhanced production efficiency and reduced overall costs, but also strictly ensured product quality. Thanks to the comprehensive industrial chain advantage, the Company offers customized procurement solutions and responds rapidly to order requirements, establishing itself as a highly competitive resource integration platform within the industry. 3. Young Elite Team, Empowering Professional Services 3. Young Elite Team, Empowering Professional Services The company has assembled a young, energetic, and enterprising professional team. With an average age of 33, the team members possess multidisciplinary expertise covering international trade, supply chain management, and financial services. Leveraging their sharp insight into industry trends and innovative thinking, they efficiently handle complex trade processes. Adhering to the "customer first" service philosophy, the team provides meticulous, full-cycle services to clients, spanning market analysis, order execution, and after-sales support, winning the trust of global partners with its professionalism and passion. The Company has assembled a young, dynamic, and ambitious professional team. Averagely aged 33, the team combines professional expertise in international trade, supply chain management, financial services, and other fields. With sharp insight into industry trends and innovative thinking, team members handle complex trade processes efficiently. Upholding the "customer first" ethos, the team delivers meticulous, full-cycle services, spanning market analysis, order execution, and after-sales support. It earns the trust of global partners with its professionalism and passion. 4. Strategic Upgrading, Pioneering a New Blueprint for the Industry 4. Strategic Upgrading, Pioneering a New Blueprint for the Industry Building on its existing strengths, the Company has formulated a clear strategic plan: it will continue to extend the industry chain by acquiring high-quality solder manufacturers, entering the advanced tin processing sector, and expanding the application scenarios of tin products. The goal is to create an integrated industry closed loop encompassing "raw material supply—smelting production—advanced processing." This strategic initiative will not only enhance product added value and strengthen the Company's resilience to market risks, but also further consolidate its core position in the tin industry. It will provide clients with more comprehensive industry chain solutions and collaborate with industry partners to forge a sustainable future. Building on its existing strengths, the Company has developed a clear strategic plan: it will continue to extend the industrial chain by acquiring high-quality solder manufacturers. It is expected to enter the field of advanced tin processing and expand the application scenarios of tin products. The goal is to establish an integrated industrial ecosystem encompassing raw material supply, smelting and production, and advanced processing. This strategic initiative will not only increase the added value of products and enhance the Company's resilience to market risks, but also further strengthen its core position in the tin industry. It will provide customers with more comprehensive industry chain solutions and work together with industry partners to create a sustainable future. Contact Information Tai Jinqiu Amelie 19519581373 Long press and scan to register now 2026 SMM (16th) Tin Industry Chain Conference

Tin Leads the Future: Industrial Transformation and Value Reshaping in a New Cycle Conference Background Currently, the global tin industry stands at a historic turning point, with traditional cyclical logic thoroughly broken and strategic value fully highlighted. The tin market in 2026 presents an unprecedentedly complex landscape and profound changes: 1. Deep Restructuring of the Supply-Demand Pattern and Unprecedented Elevation of Strategic Attributes Global tin resources have a static reserve-to-production ratio of only 14 years, with scarcity becoming increasingly prominent. The supply side faces "triple pressures": repeated disruptions in Myanmar's production resumption processes, continued tightening of Indonesian policies, and high geopolitical risks in the DRC, making resource constraints the new normal. At the same time, the demand structure is undergoing a fundamental shift, and tin has become a strategic resource connecting traditional manufacturing and the digital future. 2. Price System Breaking Historical Records and the Industrial Ecosystem Facing Restructuring In early 2026, the SHFE tin price broke through 470,000 yuan/mt, reaching a new historical high. This price breakthrough is not only a manifestation of the supply-demand imbalance but also a symbol of the value reassessment of the tin industry. Traditional trade models, risk management systems, and supply chain collaboration methods are all in urgent need of innovative breakthroughs. 3. Technology-Driven and Green Transition Giving Rise to a New Symbiotic Ecosystem Digital and intelligent technologies are deeply empowering the tin industry chain. The global green transition requires the tin industry to upgrade toward low-carbon and circular economy models, making recycled tin recovery and green smelting processes unavoidable paths. All links in the industry chain must shift from competition to collaboration, building an open, resilient, and innovative symbiotic system. Against this backdrop, August 19-21, 2026 , held in Changsha, Hunan , the 2026 SMM (16th) Tin Industry Chain Conference will gather global industry elites for discussion. Honghe Yongsen Mining Co., Ltd. will attend this grand event to discuss industry development trends with peers and jointly propel the tin industry to new heights. Click to register now for the conference, to witness and participate in this extraordinary and far-reaching industry event, and to jointly create a brilliant new chapter! Honghe Yongsen Mining Co., Ltd. is located in Gejiu City, Yunnan Province, the world-renowned capital of tin. Founded in 2004, the company has mainly engaged in the production, processing, and sales of tin concentrates. After years of arduous entrepreneurship, it has developed into an enterprise with over 80 employees, including more than 10 technical personnel; registered capital of 100 million yuan, total assets of over 600 million yuan, fixed assets of over 25 million yuan, and annual sales revenue of approximately 2.5 billion yuan; it occupies over 10,000 m²; raw materials come from China, Southeast Asia, Africa, Europe, South America, Russia, and other regions, and it maintains long-term friendly cooperative relationships with many well-known enterprises in and outside China. The company is an international first-class non-ferrous metal processing and trading enterprise that integrates metals, metallic and non-metallic ores, as well as tin ore gravity separation, magnetic separation, and flotation processes. The company possesses advanced detection methods, complete equipment configurations, and mature processing technologies. Currently, it produces an average of 15,000 mt of tin concentrates and tungsten concentrates annually, and expands capacity recovery for other valuable metals such as copper, lead, tungsten, iron, and zinc. Within the company premises, about 2,800 m² of trees, flowers, and green belts have been planted, creating a high-quality production and living environment, with "three wastes" emissions meeting national standards and control requirements. The company's business objective is to focus on accelerating international trade cooperation in tin concentrates and non-ferrous metals. It actively explores new beneficiation technologies and processes, and efficiently develops other resources such as copper, lead, tungsten, iron, and zinc. The company's management philosophy adheres to a people-oriented approach and integrity first. Market-oriented and centered on economic benefits, it strives to improve management and operational levels, promote sustainable and healthy development, and effectively safeguard the interests of the company, employees, and shareholders. Relying on long-term accumulated experience and persistent dedication, the company team rigorously manages the enterprise, striving to become an international first-class large-scale non-ferrous metal processing and trading enterprise group. Contact Information Li Sihao 13808772566 (same WeChat) https://www.yonsenmining.com Long press and scan to register now 2026 SMM (16th) Tin Industry Chain Conference

“Tin” Leads the Future: Industrial Transformation and Value Reshaping in the New Cycle Conference Background Currently, the global tin industry stands at a historic turning point, with traditional cyclical logic being completely shattered and strategic value coming fully to the fore. The tin market in 2026 has presented an unprecedentedly complex landscape and profound transformations: 1. Deep restructuring of supply-demand pattern and unprecedented elevation of strategic attributes. The global static reserve-to-production ratio for tin is only 14 years, highlighting its increasing scarcity. The supply side faces triple pressures: repeated setbacks in production resumptions in Myanmar, continuously tightening policies in Indonesia, and high geopolitical risks in the DRC. Resource constraints have become the new normal. Meanwhile, the demand structure has undergone a fundamental shift, and tin has become a strategic resource bridging traditional manufacturing and the digital future. 2. Price system breaking historical records, and the industry ecosystem facing reshaping. In early 2026, the SHFE tin price broke through 470,000 yuan/mt, hitting an all-time high. This price breakthrough not only reflects the supply-demand imbalance but also marks a revaluation of the tin industry. Traditional trade models, risk management systems, and supply chain collaboration methods all urgently need innovation breakthroughs. 3. Technology-driven and green transformation giving birth to a new symbiotic ecosystem. Digital and intelligent technologies are deeply empowering the tin industry chain. The global green transformation requires the tin industry to upgrade towards low-carbon and circular economy, making recycled tin recovery and green smelting processes inevitable paths. All links of the industry chain must shift from competition to collaboration, building an open, resilient, and innovative symbiotic system. Against this backdrop, August 19-21, 2026 in Changsha, Hunan held 2026 SMM (16th) Tin Industry Chain Conference will gather global industry elites for joint discussions. Gejiu Qiandao Metals Co., Ltd. will attend this grand event, discussing industry development trends with industry peers and jointly promoting the tin industry to new heights. Click to register now to attend the conference, and together witness and participate in this extraordinary and far-reaching industry event, creating a brilliant new chapter! Gejiu Qiandao Metals Co., Ltd. Founded in June 2017, Gejiu Qiandao Metals Co., Ltd. has taken root and grown in Wanhong Villa, Hongtupo, Datun Town, Gejiu City, Honghe Prefecture, Yunnan Province. After years of development, it has transformed from an obscure small enterprise into a large metal enterprise integrating non-ferrous metal trading and processing, occupying an important position in China's tin industry landscape. In terms of core business layout, the company focuses on tin raw material procurement, leveraging extensive and deep cooperation networks to build a stable and diversified supply system. Its cooperation network covers the vast majority of mining and mineral processing enterprises in and outside China. Raw material sources not only come from compliant production areas within China, but also extend to legal business locations across multiple overseas countries, thereby fully ensuring the stability and diversity of raw material supply. In terms of tin raw material grade requirements, the company demonstrates strong flexibility — grades ranging from 3% to 70% all meet its procurement standards. Its substantial demand volume further underscores its industry influence. "Win-win cooperation" is the business philosophy that runs through the entire development journey of Qiandao Metal. This philosophy permeates every aspect of product quality, management models, and service systems. The company attaches great importance to product quality and has established stringent quality control standards. We are committed to creating greater value for customers. Gejiu Qiandao Metal Co., Ltd. looks forward to joining hands with peers in the tin industry to jointly promote the continuous development of China's tin industry chain. Since its establishment in June 2017, Gejiu Qiandao Metal Co., Ltd. has established its presence and grown at Wanhong Villa, Hongtupo, Datun Town, Gejiu City, Honghe Prefecture, Yunnan Province. After years of development, the company has transformed from an obscure small enterprise into a large-scale metal entity integrating non-ferrous metal trading and processing, and has secured a significant position in the domestic tin industry landscape. In terms of core business layout, the company centers its operations on the procurement of tin raw materials. With an extensive and in-depth cooperative network, it has built a stable and diversified raw material supply system. Its cooperation scope covers the majority of domestic and foreign mining and mineral processing enterprises; raw material sources not only originate from compliant production areas within China, but also extend to legal business locations across multiple overseas countries, thereby fully ensuring the stability and diversity of raw material supply. Furthermore, in terms of grade requirements for tin raw materials, the company demonstrates strong flexibility — grades ranging from 3% to 70% all meet its procurement standards. Its substantial demand volume further underscores its influence in the industry. "Win-win cooperation" constitutes the core business philosophy that runs through the entire development journey of Qiandao Metal. This philosophy permeates every aspect of product quality management, operational models, and service systems. The company attaches paramount importance to product quality and has established stringent quality control standards. Dedicated to creating greater value for customers, Gejiu Qiandao Metal Co., Ltd. looks forward to joining hands with peers in the tin industry to collectively advance the continuous development of China's tin industry chain. Contact Information Mr. Zhang 18187038082 Gao Zhanwei 18187035853 Li Mingfu 18314581040 Yan Shixian 18576635673 Inside Wanhong Villa, Hongtupo, Datun Town, Gejiu City, Honghe Prefecture Long press to scan the QR code to register now 2026 SMM (16th) Tin Industry Chain Conference