Core Viewpoint - The company has submitted a renewed application for the mining license of the Dejiang mine after the initial renewal request was rejected by authorities on December 29, 2024. The company is currently awaiting feedback on this new application and has decided not to invest additional resources in pursuing the renewal, as it is not in the best interest of the group [1]. Group 1: Mining License Status - The renewal application for the mining license was accepted by relevant authorities in 2019, but the renewed license has yet to be issued [1]. - The company has not received any positive feedback regarding the renewed application as of the announcement date [1]. - The board has decided against further investment in the mining license renewal, considering it does not align with the group's best interests [1]. Group 2: Financial Impact - The Dejiang mine has not generated any revenue in recent years, and the mining rights were fully impaired in 2024 [1]. - The decision not to pursue the renewal or any non-renewal decisions is expected to have no significant adverse impact on the overall business and financial condition of the group [1]. - The marble products division will continue normal operations and remain the primary source of revenue for the company [1]. Group 3: Future Business Strategy - The board will continue to allocate resources to the marble products division and actively seek new business opportunities to enhance shareholder returns [1].
雅高控股(03313.HK)：德江矿采矿许可证续期仍有待审核