Guangfa Securities: Sufficient policy catalytic space for deep sea resource development, industry leader actively promotes deep-sea mining.

Guangfa Securities research report indicates that under the guidance of the strategy of becoming a strong maritime power, China is expected to introduce corresponding policies to promote the development of deep-sea economy. The key directions include deep-sea mining, deep-sea oil and gas development, and the utilization of deep-sea biological resources. From an industrial perspective, deep-sea resource development is already economically viable. In terms of current deep-sea mineral extraction value, seabed oil and gas rank first; followed by coastal sand mines, including sand, stone, and tin sands; and finally deep-sea polymetallic nodules and polymetallic crusts. The high economic and strategic value of deep-sea mineral resources make deep-sea mining an important direction for the development of deep-sea resources.