Inner Mongolia Xingye Silver & Tin Mining (000426.SZ): the expansion project of Yimang Mining with a capacity of 2.97 million tons has received approval from the Inner Mongolia Development and Reform Commission.

Inner Mongolia Xingye Silver&Tin Mining (000426.SZ) announced that its wholly-owned subsidiary, Xiwuzhumuqin Banner Yinman Mining Co., Ltd. (referred to as "Yinman Mining" below), has recently obtained the approval from the Inner Mongolia Autonomous Region Development and Reform Commission sent to the Xilin Gol League Development and Reform Commission for the "Approval of the Expansion Project of Baiyinchagan East Mountain Mine Area Copper-Lead-Tin-Silver-Zinc Ore of 2.97 million tons/year for Xiwuzhumuqin Banner Yinman Mining Co., Ltd. " Yinman Mining will implement the expansion project for zinc, lead, silver, copper, tin ore in the mining area (Mining permit number C1500002015013210136961). The project construction scale has been expanded from 1.65 million tons/year to 2.97 million tons/year, and the mining method is underground mining. The construction is classified as a renovation and expansion project.