Group 1 - The company, Ningxia Dongfang Tantalum Industry Co., Ltd., plans to sign a construction contract with China Fifteenth Metallurgical Construction Group Co., Ltd. for the construction of a tantalum-niobium hydrometallurgy digital factory and the renovation of a tantalum-niobium pyrometallurgy smelting production line, with a total estimated price not exceeding 282 million RMB, including VAT [1][2][4] - The service period for the construction project is expected to be no more than 15 months, and the final contract price will be determined based on construction costs and bidding discounts [1][2] - The transaction is classified as a related party transaction due to both companies being under the same ultimate controlling entity, China Nonferrous Mining Group Co., Ltd. [1][2] Group 2 - The independent directors of the company have unanimously agreed to the related party transaction, which will be submitted for approval at the shareholders' meeting, with related parties abstaining from voting [2][6] - The construction services will be provided at specific locations in Ningxia, including the Dabaokou Industrial Park and the Shizuishan Economic and Technological Development Zone [4] - The payment for the services will be made monthly, with 90% of the payment based on the progress report, and the remaining 3% retained as a quality guarantee [5] Group 3 - The transaction is considered a normal business activity that aligns with the company's operational needs and follows principles of openness, fairness, and justice [4][6] - The company and China Fifteenth Metallurgical are independent legal entities, and this transaction will not adversely affect the company's independence [4][6] - The independent directors have confirmed that the transaction is fair and reasonable, with no harm to the interests of the company or its minority shareholders [6]