Core Viewpoint - The company has made strategic decisions to focus on the development of the Mt Bundy gold mine project while maintaining stable operations in its iron ore and high-purity iron businesses [1] Group 1: Strategic Decisions - The company will concentrate human and financial resources to fully support the development and production of the Mt Bundy gold mine project [1] - The company plans to change its name to "Rare Earth Gold International Limited" to reflect the asset value demonstrated in financing, the increased gold resource and reserves, and its strategic goal of becoming a mid-sized gold producer [1] - Dr. Qiu Yumin will take on the role of Executive Director, President, and CEO to lead the company's transformation, while Mr. Xia Zhuo will serve as the Chairman of the Board [1] - The company will terminate the previously planned spin-off listing of its gold business, positioning itself as a platform for gold business development [1]