Core Viewpoint - The China Securities Regulatory Commission (CSRC) has requested additional disclosures from Zhihui Mining regarding its projects and compliance with environmental and safety regulations as part of its overseas listing process [1][2]. Group 1: Company Overview - Zhihui Mining is a mining company focused on the exploration, mining, and production of zinc, lead, and copper in Tibet, China [3]. - The company ranks second, third, and fifth in average annual production of zinc, lead, and copper concentrates in Tibet from 2022 to 2024 [3]. - The company's mining operations are located in the designated Jinda exploration area at altitudes between 5,000.0 meters and 5,300.0 meters, where rich mineral resources have been discovered [3]. Group 2: Project Details - The company operates an open-pit mine that has been in commercial operation since 2007 and a developing underground mining project expected to commence commercial operations in the second half of 2025 [3]. - As of December 31, 2024, the total ore reserves of the open-pit mine are 1,548.0 thousand tons with average grades of 4.89% zinc, 0.65% lead, 0.10% copper, and 9.62 grams per ton of silver [4]. - The underground mining project has total ore reserves of 10,626.0 thousand tons with average grades of 4.15% zinc, 2.99% lead, 0.21% copper, and 35.05 grams per ton of silver [4]. Group 3: Regulatory Compliance - The CSRC has requested the company to clarify whether its existing and planned projects fall under "high energy consumption" and "high emissions" categories, along with providing relevant evidence [1]. - The company must also address safety production incidents during the reporting period and whether they fall under restrictions on securities financing as per the State Council's regulations [1][2]. - The company is required to provide legal opinions regarding its exploration activities and compliance with foreign investment policies [1][2].