Group 1 - The core announcement is that Zhongce Co., Ltd. plans to invest 1.741 billion yuan in the expansion project of the Chifeng Zhongce Baiyin Nuoer Mining Co., Ltd. for a lead-zinc mine with an annual capacity of 1.65 million tons [1] - The project aims to enhance the mining capacity of the Zhongce Baiyin Nuoer lead-zinc mine, thereby increasing the company's mineral resource output [1]

Core Viewpoint - The company plans to invest in a significant expansion project for its subsidiary, aiming to enhance its mining capacity and overall profitability [1] Group 1: Investment Details - The company announced an investment of 1.741 billion yuan (approximately 0.25 billion USD) for the construction of a 1.65 million tons per year lead-zinc mining expansion project [1] - The project is expected to have a construction period of three years [1] - Funding for the project will come from the company's own funds and bank loans [1] Group 2: Strategic Implications - Upon completion and reaching full production capacity, the project is anticipated to improve the company's mineral resource capacity [1] - The expansion is expected to enhance the company's profitability and overall strength in the industry [1]