China Nonferrous Mining : SUPPLEMENTAL ANNOUNCEMENT - PAST CONNECTED TRANSACTIONS

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China Nonferrous Mining Corporation Limited

中 國 有 色 礦 業 有 限 公 司

(Incorporated in Hong Kong with limited liability under the Companies Ordinance)

(Stock Code: 01258)

SUPPLEMENTAL ANNOUNCEMENT

PAST CONNECTED TRANSACTIONS

Reference is made to the announcement of China Nonferrous Mining Corporation Limited (the "Company") dated 30 March 2021 (the "Announcement") in relation to the connected transactions entered into between CCS and Huachin in April and May 2020. Unless otherwise stated, capitalised terms used herein shall have the same meanings as defined in the Announcement.

As disclosed in the Announcement, Huachin is wholly-owned by an associate of Mr. Siu Kam NG, who is a connected person of the Company at the subsidiary level under Chapter 14A of the Listing Rules. The Company would like to provide further information in relation to the identity and principal business activity of the ultimate beneficial owner of Huachin.

As at the date of this announcement, to the best of the Directors' knowledge, information and belief, having made all reasonable enquiries and based on the information provided to the Company, the ultimate beneficial owner of Huachin was Mr. Ho Lun NG who is principally engaged in the non-ferrous industry for over five years, has been active in the real estate market and directly owns the entire issued share capital of Huachin. Mr. Siu Kam NG, a connected person of the Company at the subsidiary level, is the father of Mr. Ho Lun NG.

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Save as disclosed in this announcement, all other information contained in the Announcement remains unchanged.

By Order of the Board

China Nonferrous Mining Corporation Limited

Dayong YANG and Man Yi WONG

Joint Company Secretaries

Beijing, 6 April 2021

As at the date of this announcement, the Board comprises Mr. Jinjun ZHANG, Mr. Xiaowei WANG and Mr. Chunlai WANG as executive Directors; and Mr. Chuanyao SUN, Mr. Jingwei LIU and Mr. Huanfei GUAN as independent non-executive Directors.

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