Core Viewpoint - The company is actively progressing with the application for the safety production license for its fluorite mine and will comply with disclosure obligations as required [1] Group 1 - The company has submitted materials for the safety production license application for its fluorite mine [1] - The safety production license processing is being carried out in an orderly manner [1] - The company will strictly adhere to relevant regulations for information disclosure if any circumstances arise that require it [1]

Group 1 - The company announced that Honglin Mining received approval from the Muli County Emergency Management Bureau for a three-month extension of trial production at the Caiyuanzi Copper-Gold Mine, from December 10, 2025, to March 10, 2026 [1] - The approval includes requirements for strict adherence to national regulations and safety measures during the trial production period [1] - The company holds a 53% stake in Honglin Mining, which is a subsidiary, and the mine has a total identified resource of 6.056 million tons of ore, with gold resources of 17,049 kilograms and copper resources of 29,015 tons [2] Group 2 - The mining license for the Caiyuanzi Copper-Gold Mine is valid from November 25, 2019, to November 25, 2033, with an annual production capacity of 396,000 tons [2] - The average grade of gold is 2.82 grams per ton, and the average grade of copper is 0.48% for the identified resources [2] - The company stated that the trial production extension will not have a significant impact on its current operating performance, but the timeline for formal production remains uncertain [2]