According to the Power Investment Energy announcement, the company adjusted the annual aluminum futures hedging plan. The subsidiary Huomei Hongjun Aluminum Electric Company's adjusted maximum deposit investment did not exceed 2,634 billion yuan, and Baiyinhua Aluminum Electric Company's maximum deposit investment did not exceed 950 million yuan, all of which could be recycled on a rolling basis. The trading types are electrolytic aluminum and alumina. The trading venue is the Shanghai Futures Exchange. The source of capital is self-owned working capital. The period of validity is from the date of review and approval of the shareholders' meeting to the date of review and announcement of the 2027 hedging plan. This matter constitutes a related transaction. The subsidiary intends to entrust the aluminum trade operation to the related party without charging service fees. Currently, it still needs to be submitted to the shareholders' meeting for consideration.

According to the Power Investment Energy announcement, the company adjusted the annual aluminum futures hedging plan. The subsidiary Huomei Hongjun Aluminum Electric Company's adjusted maximum deposit investment did not exceed 2,634 billion yuan, and Baiyinhua Aluminum Electric Company's maximum deposit investment did not exceed 950 million yuan, all of which could be recycled on a rolling basis. The trading types are electrolytic aluminum and alumina. The trading venue is the Shanghai Futures Exchange. The source of capital is self-owned working capital. The period of validity is from the date of review and approval of the shareholders' meeting to the date of review and announcement of the 2027 hedging plan. This matter constitutes a related transaction. The subsidiary intends to entrust the aluminum trade operation to the related party without charging service fees. Currently, it still needs to be submitted to the shareholders' meeting for consideration.