CNNC issued a statement that it has nothing to do with CNNC Titanium Dioxide.

Recently, China National Nuclear Corporation (hereinafter referred to as "our company") discovered that CNNC Titanium Dioxide issued an announcement stating that the company's actual controller had received a "Notice of Filing" issued by the China Securities Regulatory Commission and transferred CNNC Titanium Dioxide on suspicion of violating restrictive regulations. The China Securities Regulatory Commission decided to file a case against China Nuclear Titanium Dioxide for non-public offering of shares and illegal information disclosure in 2023; CITIC Securities also mentioned CNNC Titanium Dioxide in its relevant announcement.

In order to avoid confusion and misunderstanding by the general public and safeguard the legitimate rights and interests of our company, our company hereby declares:

CNNC Titanium Dioxide has no affiliation or equity relationship with our company, nor does it have any investment, cooperation, business, etc. All its actions have nothing to do with our company. Our company does not bear any obligations or responsibilities for any of its actions in accordance with the law. Please inform the majority of market participants to avoid confusion.

China National nuclear Corporation co., Ltd.

April 14, 2024