XINZHU CORPORATION(SZ:002480) Ge Long Hui A P P·2025-12-22 12:58Core Viewpoint - Xinzhu Co., Ltd. (002480.SZ) announced a collaboration with Duolong Mining, which is jointly funded by Sichuan Hongda (Group) Co., Ltd., Sichuan Hongda Co., Ltd., and Tibet Geological Mineral Group Co., Ltd. to develop the Duolong Copper Mine in Tibet, one of China's few undeveloped large-scale copper-gold mines [1] Group 1: Project Overview - The Duolong Copper Mine has obtained exploration rights and is in the process of acquiring mining rights, located in the Ali region of Tibet [1] - Due to the weak power grid infrastructure surrounding the Duolong Copper Mine, the public power supply's capacity and reliability are expected to be insufficient to meet the mine's large-scale electricity demand in the short to medium term [1] Group 2: Energy Supply Agreement - To ensure stable power supply during the construction and operational phases of the Duolong Copper Mine, Duolong Mining and the company signed a three-year framework cooperation agreement on December 22, 2025 [1] - The project aims to establish an integrated energy supply project, referred to as the "source-network-load-storage" project, around the Duolong Copper Mine [1] Group 3: Project Phases - The project is planned to be constructed in three phases: 1. The first phase will provide temporary power supply for the copper mine camp 2. The second phase will supply power to the permanent living base 3. The third phase will supply power for the copper mining and selection engineering [1]