Core Viewpoint - The company, Jihai Resources (02489), is in the process of renewing the safety production license for its subsidiary, Yantai Zhongjia Mining Co., Ltd.'s Songjiagou North underground mine, which is set to expire on September 11, 2025 [1] Group 1: License Renewal Process - Yantai Zhongjia submitted the necessary documents to the Shandong Provincial Emergency Management Department in August 2025 to extend the safety production license for the Songjiagou underground mine [1] - The company has decided to temporarily halt major production activities at the Songjiagou underground mine starting September 1, 2025, to facilitate thorough safety inspections by the Emergency Management Department [1] - The management estimates that a new safety production license will be issued by the Emergency Management Department by the end of October 2025, given the increased scrutiny of safety checks this year [1] Group 2: Current Operations - Yantai Zhongjia will continue to utilize previously mined ore from the Songjiagou underground mine for processing during the license renewal period [1] - The open-pit mining operations at Songjiagou will remain unaffected by the application for the new safety production license [1]
集海资源(02489)：宋家沟地下矿暂停生产