According to the Xinjin Road announcement, the subsidiary Guangxi Nonferrous Chestnut Mining Co., Ltd. plans to invest in the implementation of the first phase of the mining, beneficiation and smelting project, with a total investment estimated at 495.743 million yuan, to be determined separately later in the second phase. The investment was approved by the company's 6th Interim Board Meeting in 2025 and does not constitute a related transaction or major asset restructuring. Projects include 600,000 tons/year mining transformation project, 1.5 million tons/year mineral processing project, and technical improvement project for comprehensive utilization of tantalum and niobium resources smelting. Funding sources include own ownership, self-financing, loans, and equity financing. The project may face approval, capital, technology, market risks, etc., and the company has formulated countermeasures.

According to the Xinjin Road announcement, the subsidiary Guangxi Nonferrous Chestnut Mining Co., Ltd. plans to invest in the implementation of the first phase of the mining, beneficiation and smelting project, with a total investment estimated at 495.743 million yuan, to be determined separately later in the second phase. The investment was approved by the company's 6th Interim Board Meeting in 2025 and does not constitute a related transaction or major asset restructuring. Projects include 600,000 tons/year mining transformation project, 1.5 million tons/year mineral processing project, and technical improvement project for comprehensive utilization of tantalum and niobium resources smelting. Funding sources include own ownership, self-financing, loans, and equity financing. The project may face approval, capital, technology, market risks, etc., and the company has formulated countermeasures.