
Group 1: Production and Mining Operations - The Jiao Jia Gold Mine has achieved a mining license for 6.6 million tons per year and is advancing the construction of a world-class gold production base, with production expected to gradually recover and significantly increase in the long term [2] - The company dynamically adjusts production tasks based on gold price fluctuations to optimize production organization and ensure efficient resource utilization [3] - There is a temporary mismatch between gold production and sales, but overall, they maintain alignment over the fiscal year [3][4] Group 2: Cost Management - The company's gold production costs have risen due to increased raw material and labor costs, as well as changes in ore grades and mining depths [4] - In 2024, the company has proactively invested in optimizing production processes and enhancing automation, which has contributed to the increase in costs [4] - The company aims to keep costs stable while improving efficiency and profitability [5] Group 3: Project Development and Future Plans - The Katino project is progressing as planned, with an expected annual gold output of 8-9 tons [5] - The company emphasizes shareholder returns, maintaining annual cash dividends since its listing, with a semi-annual dividend planned for 2024 [5]