Core Viewpoint - The company successfully acquired the oil and gas exploration rights for the Ningxia Liupan Mountain Basin Haiyuan Block for RMB 85.38 million and received the exploration license from the Ministry of Natural Resources of the People's Republic of China [1] Group 1: Investment Details - The total investment for the exploration project is expected to not exceed RMB 130 million [1] - The funding for this project will come from the company's self-raised funds, which will be invested in phases according to the project's progress [1] Group 2: Project Objectives - The project aims to systematically study the geological data related to oil and gas in the Liupan Mountain Basin Haiyuan Block, analyze the structural, stratigraphic, and sedimentary characteristics of the block [1] - The company intends to summarize the geological conditions for oil and gas accumulation, optimize exploration deployment, and accelerate project implementation to achieve exploration breakthroughs [1]
长江材料：拟不超过1.3亿元投资油气勘查项目