Core Viewpoint - The company has signed a mining rights transfer contract, expanding its mining operations and increasing production capacity significantly [1] Group 1: Mining Rights and Contract Details - The company's wholly-owned subsidiary, Zhongqi (Guangxi) Mining Co., Ltd., has obtained mining rights for the Lamalong quartzite mine in Luocheng County, Guangxi [1] - The mining area has been expanded from 3.02 square kilometers to 4.96 square kilometers [1] - The mining elevation has been adjusted from +850 meters to +300 meters to +940 meters to +300 meters [1] Group 2: Production Capacity and Resource Details - The annual production capacity has been increased from 200,000 tons to 400,000 tons [1] - The disposed quartzite mineral resources within the mining area amount to 7.486 million tons, while the undeveloped resources are 771,000 tons [1] Group 3: Financial Obligations - The company is required to pay the mining rights usage fee by July 1 each year during the validity period of the mining rights [1] - The company must also pay the mining rights transfer revenue on time and in full [1]
中旗新材：中旗矿业签署采矿权出让合同