Key projects have entered a period of intensive implementation, Zhaojin Mining's development acceleration plan is fully speeding up.

Recently, the mining project at Caogoutou Mine Area of Zhaoyuan Jintingling Mining Co., Ltd. successfully passed the completion acceptance by the Emergency Management Department of Shandong Province, obtained the production safety permit, and transitioned from the construction period to the production period. This marks a key turning point in the development of the enterprise, and also signifies that ZHAOJIN MINING (01818) "Five-Year Plan" package of key incremental projects has entered a period of intensive implementation. The Caogoutou Mine Area, which has been completed and put into production this time, has rich and high-quality resources, with an average grade close to 4g/t. It is the main mining area that will support the stable development of Zhaoyuan Jintingling Mining in the next ten years, and is also the first landing project of the doubling production target of ZHAOJIN MINING in the "Five-Year Plan". Since the start of the project construction, the company has concentrated on high-quality resources, talents, and technology to promote it with full force. It achieved completion and production ahead of schedule by 40 days, and the annual production of gold after reaching production can reach 1 ton. The "Five-Year Plan" is a five-year period during which ZHAOJIN MINING is fully implementing a doubling development strategy, with resource increase and reserves being the core support. The company continuously increases its efforts in domestic and foreign exploration and resource increase work, and has successively revealed several major reserves-positive factors, constantly enhancing its growth, value creation ability, and sustainable development momentum. The completion and production of the Caogoutou Mine Area ignites the engine for accelerating the landing of key projects of the company, and more than a dozen key projects will be completed and put into production in the next 2-3 years, laying a solid foundation for the company to break through 50 tons of self-produced gold by the end of the "Five-Year Plan".