2026-04-27
Zangge Mining Launches Special Registration Initiative for Close Associates
To support the implementation of the Measures for the Administration of Close Associates and further strengthen the modernization of corporate governance, Zangge Mining Co., Ltd. officially launched a special registration initiative for close associates in March 2026.
At present, communication and guidance on the centralized registration process have been fully rolled out. In-person briefing sessions have been successfully completed at the Group Headquarters, Zangge Mining Investment (Chengdu) Co., Ltd., Golmud Zangge Potash Co., Ltd., Golmud Zangge Lithium Co., Ltd., and other entities, while a series of online explanatory materials has been released simultaneously, helping to foster a company-wide culture of compliance awareness and participation.
To ensure that the policy is properly understood and that the registration process is implemented in a substantive manner, the special task force conducted on-site visits to departments at the Group Headquarters and subsidiaries, providing face-to-face policy briefings. The team gave a systematic explanation of the concept of “close associates,” including its legal and customary dimensions, the scope of registration, reporting procedures, potential risks, and the consequences of inaccurate or incomplete disclosure, helping employees gain a clear understanding of the policy requirements and their respective responsibilities. Drawing on representative cases, the briefings also placed particular emphasis on recusal requirements and prohibited conduct, guiding employees to uphold integrity standards in their daily work and to guard against conflicts of interest and potential fraud risks.
The site visits served not only as a policy briefing exercise, but also as an early-stage supervisory measure. During the visits, the task force urged each entity to implement the special work plan in a rigorous manner, organize employees to complete the Close Associates Declaration Form truthfully and accurately, and strengthen recordkeeping and information review. For personnel in special circumstances, such as those holding concurrent positions or on external assignment, the task force further clarified the applicable registration entities and rules, helping to ensure that information collection remains unique, accurate and complete, and laying a solid foundation for subsequent dynamic management.
According to the 2026 Implementation Plan for the Full Rollout of Close Associates Registration, this initiative will be advanced in phases and on a full-coverage basis. The Company aims to complete information filing for all personnel, including interns, by September 30, 2026. In addition, new employees will be required to complete dynamic registration within 10 working days of onboarding, thereby establishing a normalized management mechanism. As a next step, the Group Human Resources Department will use the DingTalk platform to enable online submission and centralized management, with the system to be gradually integrated into the HR system in the future to enhance data security and processing efficiency. The Group Discipline Inspection Commission and the Supervision and Audit Office will also continue to conduct spot checks, verification and oversight to ensure that the registration work is effectively implemented and delivers lasting results.
The registration of close associates is an important part of Zangge Mining’s efforts to further strengthen its ESG governance framework. From a Social perspective, this initiative reinforces business ethics and anti-corruption mechanisms, helps prevent conflicts of interest, and protects the fair interests of employees, shareholders and business partners. From a Governance perspective, by improving disclosure relating to connected interests and enhancing internal control processes, the initiative further strengthens the Company’s transparency and compliance management, while also providing a solid institutional and data foundation for key ESG reporting topics such as anti-bribery and business ethics.
Zangge Mining remains committed to fostering a fair, equitable and transparent operating environment. This special initiative represents an important step in advancing transparent governance and preventing conflicts of interest, while further strengthening employees’ awareness of discipline and compliance.
The Company will use this registration initiative as an opportunity to continue improving its internal oversight mechanisms and advancing the development of a strong integrity culture, thereby laying a solid governance foundation for its sustainable and high-quality development.
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Mailing Address:Audit and Supervision Office, CAG Mining Co., Ltd., 19th Floor, Building 2, No. 1199 North Section of Tianfu Avenue, Chengdu High-tech Zone, China (Sichuan) Pilot Free Trade Zone, 610041