Shengda Resources (000603.SZ) subsidiary Yindu Mining's 900,000 tons/year mining technical renovation project has been approved.

Shengda Resources (000603.SZ) announced that its holding subsidiary, Inner Mongolia Yindu Mining Co., Ltd. (referred to as "Yindu Mining"), recently received a notification from the Inner Mongolia Autonomous Region Department of Industry and Information Technology regarding the approval of the 900,000 tons/year mining technological transformation project at the Baiyan Daba Silver Polymetallic Mine. During the construction of the Yindu Mining Baiyan Daba Silver Polymetallic Mine's 900,000 tons/year mining technological transformation project, the original production capacity of 900,000 tons/year will remain unaffected, and normal mining operations will continue. The company will actively promote the construction of the Yindu Mining Baiyan Daba Silver Polymetallic Mine's 900,000 tons/year mining technological transformation project, striving to quickly achieve economic benefits and create a new profit growth point for the company.