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Printmgr File Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Securities and Futures Commission take no responsibility for the contents of this Web Proof Information Pack, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Web Proof Information Pack. Web Proof Information pack of China Polymetallic Mining Limited (incorporated in the Cayman Islands with limited liability) WARNING This Web Proof Information Pack is being published as required by The Stock Exchange of Hong Kong Limited (“HKEx”)/the Securities and Futures Commission solely for the purpose of providing information to the public in Hong Kong. This Web Proof Information Pack is in draft form. The Information contained in it is incomplete and is subject to change which can be material. By viewing this document, you acknowledge, accept and agree with China Polymetallic Mining Limited (the “Company”), any of its affiliates, sponsor, advisers and/or member of the underwriting syndicate that: (a) this Web Proof Information Pack is only for the purpose of facilitating equal dissemination of information to investors in Hong Kong and not for any other purposes. No investment decision should be based on the information contained in this Web Proof Information Pack; (b) the posting of the Web Proof Information Pack or supplemental, revised or replacement pages on the website of Hong Kong Exchange and Clearing Limited does not give rise to any obligation of the Company, any of its affiliates, sponsor, advisers and/or member of the underwriting syndicate to proceed with an offering in Hong Kong or any other jurisdiction. There is no assurance that the Company will proceed with any offering; (c) the contents of this Web Proof Information Pack or any supplemental, revised or replacement pages may or may not be replicated in full or in part in the actual document; (d) this Web Proof Information Pack is in draft form and may be changed, updated or revised by the Company from time to time and the changes, updates and/or revisions could be material, but, neither the Company nor any of its affiliates, sponsor, advisers and/or member of the underwriting syndicate is under any obligation, legal or otherwise, to update any information contained in this Web Proof Information Pack; (e) this Web Proof Information Pack does not constitute a document, notice, circular, brochure, advertisement or other document offering to sell any securities to the public in any jurisdiction, nor is it an offer or an invitation to the public to make offers to subscribe for or purchase any securities, nor is it calculated to invite or solicit offers by the public to subscribe for or purchase any securities; (f) this Web Proof Information Pack must not be regarded as an inducement to subscribe for or purchase any securities, and no such inducement is intended; (g) neither the Company nor any of its affiliates, sponsor, advisers and/or member of the underwriting syndicate is offering, or is soliciting offers to buy, any securities in any jurisdiction through the publication of this Web Proof Information Pack; (h) neither this Web Proof Information Pack nor anything contained herein shall form the basis of or be relied on in connection with any contract or commitment whatsoever; (i) neither the Company nor any of its affiliates, sponsor, advisers and/or member of the underwriting syndicate makes any express or implied representation or warranty as the accuracy or completeness of the information contained in this Web Proof Information Pack; (j) each of the Company and its affiliates, sponsor, advisers and/or member of the underwriting syndicate expressly disclaims any and all liability on the basis of any information contained in or omitted from, or any inaccuracies or errors in, this Web Proof Information Pack; (k) the Company has not and will not register the securities referred to in this Web Proof Information Pack under the United States Securities Act of 1933 as amended, (the “Securities Act”) or any state securities laws of the United States and the securities may not be offered or sold in the United States absent registration under the US Securities Act or another exemption therefrom or in a transaction not subject to, the registration requirements of the Securities Act. The securities referred to in this Web Proof Information Pack have not been and will not be registered under the Securities Act or any state securities laws of the United States. The Company does not intend to register the securities under the Securities Act or any state securities laws of the United States or conduct a public offering in the United States. This Web Proof Information Pack is not for publication or distribution to persons in the United States. This Web Proof Information Pack is not an offer of securities for sale in the United States. You confirm that you are accessing this Web Proof Information Pack from outside the United States; and (l) as there may be legal restrictions on the distribution of this Web Proof Information Pack or dissemination of any information contained in this Web Proof Information Pack, you agree to inform yourself about and observe any such restrictions applicable to you. THIS WEB PROOF INFORMATION PACK IS NOT FOR PUBLICATION OR DISTRIBUTION TO PERSONS IN THE UNITED STATES. ANY SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OR ANY STATE SECURITIES LAWS OF THE UNITED STATES, AND MAY NOT BE OFFERED, SOLD OR DELIVERED IN THE UNITED STATES WITHOUT REGISTRATION THEREUNDER OR PURSUANT TO AN AVAILABLE EXEMPTION THEREFROM. NO PUBLIC OFFERING OR THE SECURITIES WILL BE MADE IN THE UNITED STATES. NEITHER THIS WEB PROOF INFORMATION PACK NOR THE INFORMATION CONTAINED HEREIN CONSTITUTES AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN THE UNITED STATES OR IN ANY OTHER JURISDICTIONS. THIS WEB PROOF INFORMATION PACK IS NOT BEING MADE AND MAY NOT BE DISTRIBUTED OR SENT INTO ANY JURISDICTION. If an offer or an invitation is made to the public in Hong Kong in due course, prospective investors are reminded to make their investment decisions solely based on a document of the Company registered with the Registrar of Companies in Hong Kong, copies of which will distributed to the public during the offer period. No offer or invitation to the public in Hong Kong will be made until after a document of the Company is registered with the Registrar of Companies in Hong Kong in accordance with the Companies Ordinance (Chapter 32 of the Laws of Hong Kong). THIS WEB PROOF INFORMATION PACK IS IN DRAFT FORM. The information contained herein is incomplete and is subject to change, it must be read in conjunction with the section headed “Warning” on the cover of this Web Proof Information Pack. CONTENTS This Web Proof Information Pack contains the following information relating to the Company extracted from the draft document: • Contents • Summary • Definitions • The JORC Code • Glossary and Technical Terms • Risk Factors • Parties Involved in this document • Corporate Information • Industry Overview • PRC Laws and Regulations • History and Organization • Business • Directors, Senior Management and Employees • Substantial Shareholders • Share Capital • Relationship with Controlling Shareholders • Financial Information • Future Plans and Prospects • Appendix I — Accountants’ Report • Appendix IV — Property Valuation • Appendix V — Competent Person’s Report • Appendix VII — Summary of the Constitution of the Company and Cayman Islands Company Law • Appendix VIII — Statutory and General Information YOU SHOULD READ THE SECTION HEADED “WARNING” ON THE COVER OF THIS WEB PROOF INFORMATION PACK. THIS WEB PROOF INFORMATION PACK IS IN DRAFT FORM. The information contained herein is incomplete and is subject to change, it must be read in conjunction with the section headed “Warning” on the cover of this Web Proof Information Pack. SUMMARY OVERVIEW We are the largest lead and zinc pure mining company in Yunnan Province in terms of resources with abundant and high-grade silver reserves, according to the Hatch Report. We will also be the first non-ferrous metal pure mining company(1) listed on the Stock Exchange. As a pure mining company, we only conduct upstream operations in exploration, mining and primary processing of mineral resources with no downstream operations in smelting and refining. We currently own and operate a large-scale, high-grade lead-zinc-silver polymetallic mine in Yunnan Province, the Shizishan Mine, which contains abundant and high-grade silver reserves. The mining permit for the Shizishan Mine has a term of 15 years ending in April 2026 and covers an area of 3.20 sq. km. We are currently at the commercial production stage of the Shizishan Mine with a current mining capacity of 700 tpd. We started trial production at the Shizishan Mine at the end of July 2011 and commenced commercial production in October 2011. Based on the JORC ore reserves of 8,024,000 tonnes at the Shizishan Mine and our current estimated production level of 48 ktpa (350 tpd) in 2011, 419 ktpa (1,270 tpd) in 2012, and 660 ktpa (2,000 tpd) from 2013 and onwards, the ore reserves at the Shizishan Mine are estimated to support approximately 12.5 years of mine operation. We also own an exploration permit to the Dazhupeng Mine, a lead-zinc-silver polymetallic mine in Yunnan Province. We have not obtained a mining permit for the Dazhupeng Mine and may not conduct mining activities at the Dazhupeng Mine at this stage. In line with our vision to be a leading non-ferrous metal pure mining company in China and in order to leverage on our transferable experience and skills of processing lead-zinc-silver ore, we have also secured exclusive long-term, low-cost polymetallic tungsten-tin raw ore supply from the Lushan Mine, a tungsten-tin polymetallic mine in Yunnan Province.
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