:Convertible bond fundraising project completed and put into operation.

Announcement from Superior Resources: With the approval of the China Securities Regulatory Commission (CSRC) [2022] No. 2957 document, the company issued convertible corporate bonds with a total face value of 600 million yuan to the public on December 14, 2022. Each bond has a face value of 100 yuan, with a total issuance of 6 million bonds and a maturity period of 6 years. The funds raised from this public issuance of convertible bonds have been invested in the "Comprehensive Utilization of 80,000 Tons/Year of Waste Textiles Project," which has recently been completed and entered the trial production phase.