Core Viewpoint - The company, Keli Yuan, has announced plans to expand its mining capacity significantly, which is expected to enhance its profitability and self-sufficiency in lithium carbonate production by the end of 2024 [1] Group 1: Mining Capacity Expansion - The company will complete the mining license change for the Tong'an mining area by the end of 2024, increasing its production capacity from 50,000 tons per year to 400,000 tons per year [1] - This expansion will enable the company to produce at least 10,000 tons of lithium carbonate annually, improving the profitability of its mining subsidiaries and increasing the self-sufficiency rate of lithium carbonate production materials [1] Group 2: Project Development and Operations - The 400,000-ton expansion project is being executed using a simultaneous construction and production model, ensuring normal operational continuity for the company [1] - Current construction is focused on the slope tunnel, while the company is also accelerating capacity expansion and infrastructure development at the Dantian mining site [1] Group 3: Mining Characteristics - The company operates four underground mines characterized by strong ore consistency and high grade, which will facilitate further development and enhance profitability [1]