Agreement Overview - Xiamen Wanli Stone Co., Ltd. has signed a framework agreement with China Nuclear Geological Exploration Group, China University of Geosciences (Beijing), and Satpayev Institute of Geological Sciences to conduct comparative research on the cross-border strategic resource mineralization belt between China and Kazakhstan [1][2] - The agreement aims to promote a new cooperation model of "joint research, shared risks, and shared benefits" between China and Kazakhstan, enhancing their strategic partnership [1][4] Cooperation Details - The framework agreement focuses on addressing the high external dependence of China's new energy minerals and the low added value of Kazakhstan's resource exports, facilitating the integrated development of the China-Kazakhstan resource corridor [4][5] - Joint research will include the construction of digital twin models for cross-border mineralization belts and comparative studies on strategic resources such as uranium, lithium, and rare earths [5][6] - The parties will work together to include the development plan for the Ili River uranium belt in the long-term nuclear energy cooperation plan between China and Kazakhstan [5][6] Company Impact - This collaboration is expected to explore industry development opportunities based on mutual benefits, leveraging each party's technical expertise and ecological resource advantages [6][12] - The company’s subsidiaries will be responsible for acquiring natural uranium projects and developing efficient, environmentally friendly biometallurgical processes to enhance uranium recovery rates and reduce production costs [6][12]

Group 1 - The company, Wanli Stone (002785), has signed a framework agreement with China Nuclear Geological Exploration Group Co., Ltd., China University of Geosciences (Beijing), and Satpayev Institute of Geological Sciences to conduct comparative research on the cross-border strategic resource mineralization belt between China and Kazakhstan [1] - The agreement aims to promote cooperation in the cross-border strategic resource mineralization belt, which is expected to become a core pillar of the "permanent comprehensive strategic partnership" between China and Kazakhstan [1] - The agreement does not involve specific financial amounts and is expected to have no significant impact on the company's financial status and operating performance for the current year [1]