Baotailong: A subsidiary company, Dongrun Mining, has obtained a graphite mining permit.

Bao Tailong announced that its holding subsidiary Dongrun Mining Company recently received the "Mining License of the People's Republic of China" issued by the Ministry of Natural Resources. The license is valid for 30 years, from March 27, 2025 to March 27, 2055. The acquisition of this license will provide a stable supply of resources for the company's graphene products, enhance industry competitiveness, and have a positive impact on the company.