[Lead-Zinc Mine Market Information] Recently, the Department of Natural Resources of Yunnan Province announced the 2025 provincial-level green mine list. Twenty-six mines, including the Lanping Lead-Zinc Mine operated by Yunnan Jinding Zinc Industry Co., Ltd., were officially included in the provincial green mine directory of Yunnan Province after public selection. As of now, Yunnan Province has a total of 103 national and provincial green mines. Among them, the Lanping Lead-Zinc Mine operated by Yunnan Jinding Zinc Industry Co., Ltd. filled the gap of provincial green mines in Nujiang Prefecture, marking that the construction of green mines across the province is accelerating and advancing in depth.

On June 6, GFJ H2 ENERGY PTY LTD (hereinafter referred to as "GFJ H2"), an Australian joint venture company under Jiangsu Guofu Hydrogen Energy Technology & Equipment Co., Ltd. (hereinafter referred to as "Guofu Hydrogen Energy"), officially signed a memorandum of cooperation with Australia's Spring River Pty Ltd (hereinafter referred to as "Spring River"). The two parties will collaborate to promote the application of hydrogen energy in the mining sector in Australia, replacing traditional energy sources with a "green hydrogen + green electricity" model to jointly create a demonstration project for green mines. The Australian mining industry has a robust demand for energy and has long relied on diesel-powered generation, facing dual challenges of high carbon emissions and import dependency. In response to this industry situation, Guofu Hydrogen Energy and Spring River have reached a consensus to build a clean and low-carbon energy system through a full-chain layout of "hydrogen production from renewable energy - hydrogen storage - hydrogen power generation." According to the cooperation plan, Guofu Hydrogen Energy, relying on its Australian subsidiary GFJ H2, will provide the project with a fully intelligent AI unmanned off-grid operating system that integrates solar power generation, electrolyzer-based hydrogen production, energy storage systems, and fuel cell power generation. This system will fully utilize the abundant local solar and wind energy resources to produce green hydrogen and ensure a stable power supply to mining areas. Spring River will be responsible for liaising with the local government, facilitating project approval and implementation, and ensuring electricity consumption. The two parties will use the joint venture company as the implementing entity. After the initial project is established, they will gradually promote this green energy solution to more mining areas.

Date Set! 2025 SMM Copper Conference will be officially held from October 15-17! Register Now The conference will focus on technological breakthroughs, market trends, policy coordination, and international cooperation within the copper industry chain. It will feature keynote speeches, industry matchmaking, project signings, technology exhibition, and other sessions. We sincerely invite leading enterprises, research institutions, financial institutions, and industry experts from both domestic and overseas markets to participate and jointly explore new paths for the coordinated development of the industry chain. Conference Highlights Copper Industry Gathering The SMM Copper Conference is an annual grand event for the copper industry, bringing together industry leaders, traders, analysts, and other professionals from around the world. Participants have the opportunity to discuss and understand the latest trends, challenges, and opportunities in the copper market. SMM Copper Industry Carnival Gala Dinner The Copper Metal Carnival Gala Dinner is the social highlight of the annual conference, exclusively for invited VIP guests. It provides a unique networking opportunity and is one of the most important social events in the metal industry. Data & Analysis The SMM Copper Conference offers a wealth of market data and analytical reports to help participants gain in-depth insights into market dynamics and future trends. Participants can access detailed data and insights on copper metal prices, trading volumes, warehousing conditions, and more. Cutting-Edge Topic Discussions The Copper Conference includes multiple panel discussions and speeches covering a wide range of topics, from market forecasting to technological innovation, supply chain management, and the use of financial instruments. Through these discussions, participants can gain a more comprehensive understanding of the industry and practical insights. Global Perspective & International Collaboration The conference will explore the current state and future development trends of the metal industry from a global perspective, promoting international cooperation and exchanges. It features an online 1V1 appointment system to facilitate global participants in arranging meetings and exchanges. It serves as a centralized communication platform for long-term contract negotiations among upstream and downstream participants in the metal mining, smelting, and trading sectors. Register to Attend Target Attendees Downstream industries of copper mining, smelting, processing, and end-use applications · Copper Raw Material Sector Copper Mining Enterprises · Third-Party Service Providers Processing equipment, environmental protection equipment, automation equipment, etc. · Others Government, associations, industry experts, university research institutions, financial institutions, media, platforms, associations, futures companies, securities firms, and banks. · Copper Smelting Sector Copper Smelters · End-Use Sector Electronics, electrical, automotive parts, semiconductors, cables, circuit boards, PV, batteries, etc. · Processing Sector Copper rod, copper plate/sheet and strip, copper billet, copper busbar, copper pipe & tube, copper foil Register to Attend Overall Schedule Conference Agenda Forum 1: Precision Copper Processing Intelligent Manufacturing Forum October 15, Afternoon 13:30-14:00 2025 Copper Processing Material Capacity and Industry Analysis 14:00-15:00 Roundtable Discussion: Current Status and Future Trends of Copper Processing in 2025 15:00-15:30 Market Applications and Trends Outlook for Copper Pipes and Rods 15:30-16:00 Direct Rolling Technology for Secondary Copper: A Closed-Loop Path from Scrap to High-End Copper Rods 16:00-17:00 Roundtable Discussion: Where Should the Copper Industry Go Amid Overcapacity? Main Forum October 16, Morning 09:00-09:20 Opening Ceremony Speech 09:20-09:40 Global Copper Industry Chain Supply-Demand Pattern and Price Forecast for 2025 09:40-10:10 China's Copper Resource Strategy and Countermeasures for Overseas Investment Risks 10:10-10:30 Secondary Copper: The Key to Circular Economy for Breaking Resource Constraints 10:30-10:50 Planning for High-Quality Development of China's Copper Industry 10:50-11:10 Tea Break 11:10-12:00 Roundtable Discussion: Breakthroughs in the Copper Industry: Triple Challenges of Resources, Technology, and Markets 12:00-13:30 Buffet Lunch + Lunch Break Registration Forum II: Key Application Forum for Copper-Based New Materials October 16, Afternoon 13:30-14:00 Current Status and Trends of Global New Energy Development 14:00-14:30 Preparation Technology for New Generation High-Performance Rolled Copper Foil 14:30-15:00 Future Strategies for NEV Products and Application Trends of Green Materials 15:00-16:00 Roundtable Discussion: New Materials and New Applications in Intelligence, AI, Robotics, etc. 16:00-16:30 Effect of Thermomechanical Treatment on the Microstructure and Properties of Cu-Ni-Si Alloy 16:30-17:00 Application of Intelligent Technology in Copper Alloy Design and Strip Processing Forum III: Forum on Low-Carbon Energy Transition in the Copper Industry October 16, Afternoon 13:30-14:00 Interpretation of China's Copper Industry Policies and Transition Pathways under the "Dual Carbon" Goals 14:00-14:30 Innovation Practices in Green Mines and Low-Carbon Smelting Technologies 14:30-15:00 Research on Energy and Carbon Efficiency in Various Links of the Copper Industry 15:00-16:00 Roundtable Discussion: Symbiosis of Metals and Energy 16:00-16:30 Analysis of Costs and Opportunities for Copper Enterprises in the Carbon Trading Market 16:30-17:00 Practical Cases of Revenue from ESS Technologies for Enterprises Registration for Attendance

[World's First! REPT Battero's Power System Supports the Launch of 100 Unmanned Electric Mining Trucks] For the first time globally, 100 unmanned, fully electric mining trucks, named "Huaneng Ruichi", were officially put into operation at the Yimin Open-pit Mine in Inner Mongolia. As the exclusive supplier of the power system for this project, REPT Battero provided core support to "Huaneng Ruichi" with its leading power battery technology, helping to achieve zero-carbon emissions in the mine's transportation process and injecting strong momentum into the construction of green mines worldwide. The cluster of unmanned electric mining trucks, "Huaneng Ruichi", launched this time, was developed through a collaborative effort led by China Huaneng Group Co., Ltd., in conjunction with innovative consortium members such as Xuzhou Construction Machinery Group Co., Ltd. The 100 unmanned electric mining trucks have set three industry records for the world's largest tonnage (90 mt), fastest operating speed, and lowest operating temperature (-40°C).

SMM reported on May 21: In the first ten days of May, Yunnan Chihong Zn & Ge Co., Ltd. released the record of investor relations activities for April and Q1. It was reported that in 2024, the company achieved a total metal production of 289,800 mt of lead-zinc concentrates from mines and 651,400 mt of smelted lead-zinc products. Among them, the output of zinc alloy was 193,500 mt, up 31.54% YoY, reaching a new historical high. The company achieved an operating revenue of RMB 18.803 billion, a net profit attributable to shareholders of publicly listed firms of RMB 1.293 billion, and an operating net cash flow of RMB 2.366 billion. All its smelters achieved comprehensive profitability for the first time. According to public information, Yunnan Chihong Zn & Ge Co., Ltd. is a state-owned A-share publicly listed firm primarily engaged in the lead-zinc-germanium industry, integrating geological exploration, mining, beneficiation, smelting, chemical engineering, deep processing, logistics, trading, and scientific research. By the end of 2024, the company had a comprehensive production capacity of 420,000 mt/year of lead-zinc concentrate metal, 630,000 mt/year of refined lead-zinc, 60 mt/year of germanium-containing germanium products, and over 1,000 mt/year of precious and rare metals such as gold, silver, cadmium, bismuth, and antimony. In terms of lead-zinc concentrate production in 2024, the company produced a total of 289,800 mt (metal content) of lead-zinc concentrates, a decrease of 50,800 mt (metal content) YoY. The main reasons for the decline were as follows: Firstly, in response to the national policy call for "green mines and intelligent upgrades" and to further optimize production processes, the Huize Mining's 2024 safety benchmark mine construction project and the deep safety system optimization project affected the annual output. Secondly, due to issues with the safety production license application at Rongda Mining, some production systems at the Jiawula mining area were shut down for renovation from January to August 2024 and only resumed production in September. The Yishengyuan mining area required technological transformation of some existing production systems, and the rectification work is still actively underway, with production yet to resume. Regarding the cost situation at the company's lead-zinc mine and smelting ends, Yunnan Chihong Zn & Ge Co., Ltd. stated that since 2024, the company has thoroughly implemented the "five-dimensional" closed-loop cost management, continuously carried out comprehensive benchmarking and cost reduction across all elements, maintaining the full cost of lead-zinc concentrates from mines at the forefront of the industry. The full processing cost of smelted zinc products has achieved "five consecutive years of decline," reaching the best level in history. Taking zinc prices as an example, reviewing the zinc prices in 2024, under the backdrop of strong favourable macro front and supply-demand mismatch in the zinc ore market, zinc prices fluctuated upward in 2024, with a closing price of RMB 25,460/mt on December 31, 2024, representing a significant annual increase of 18.36%. The performance of spot prices was also not to be outdone. According to SMM spot quotes, as of December 31, 2024, the average spot price of SMM #0 zinc ingot was reported at RMB 25,900/mt, an increase of RMB 4,280/mt from RMB 21,620/mt at the end of 2023, representing a growth rate of 19.8%. Entering 2025, according to announcements, Yunnan Chihong Zn & Ge Co., Ltd. achieved a total operating revenue of RMB 5.144 billion in Q1 2025, up 10.10% YoY. Net profit attributable to shareholders of the publicly listed firm was RMB 494 million, up 1.40% YoY. In Q1 2025, the company's lead-zinc concentrate production was 69,600 mt in metal content, a decrease of 17,400 mt in metal content YoY. This was mainly due to the impact of the deep safety system optimization project implemented by Huize Mining on current production. Specifically, regarding the reasons for the decline in Q1 production, Yunnan Chihong Zn & Ge Co., Ltd. stated that the decrease in lead-zinc concentrate production from the company's mines in Q1 2025 was primarily due to actively responding to the national policy call for "green mines and intelligent upgrades" and further optimizing production processes. Huize Mining began implementing the deep safety system optimization project at the end of 2024, and the project's construction affected Q1 production. The decrease in lead-zinc smelting product production was mainly due to the impact of annual maintenance conducted by Chihong Comprehensive Utilization and Hulunbuir Chihong. Looking back at zinc prices in Q1 2025, in the futures market, the main SHFE zinc contract generally exhibited a weak and fluctuating trend. As of March 31, the main SHFE zinc contract was reported at RMB 23,455/mt, with a quarterly decline of 7.33%. Breaking it down by stage, in January, the growth in zinc ingot supply was limited, but downstream demand significantly weakened, providing insufficient fundamental support for zinc prices. Additionally, the domestic zinc ore market gradually loosened, causing zinc prices to decline throughout January. In February, coinciding with the Chinese New Year holiday, the post-holiday inventory buildup in China fell short of expectations. Coupled with the downstream sector's relatively optimistic expectations for subsequent consumption, zinc prices saw a rally amid a favourable macro environment. However, as domestic and overseas inventories increased simultaneously, and with actual end-user consumption still requiring time to materialize, the center of SHFE zinc prices continued to shift downward in February. In March, zinc prices maintained a fluctuating trend, with downstream consumption recovery still falling short of expectations. Nevertheless, social inventory remained at a low level. Coupled with favourable macro factors from the Two Sessions and expectations for production cuts at overseas smelters, zinc prices rose significantly. However, in March, the international escalation of Trump's tariff policies led to a decline in market risk appetite, which in turn put pressure on zinc price movements. In terms of spot prices, according to SMM spot quotes, zinc prices generally exhibited a downward fluctuating trend in Q1. As of March 31, the SMM #0 zinc ingot spot quote fell to RMB 23,370/mt, a decrease of RMB 2,530/mt from RMB 25,900/mt at the end of 2024, representing a decline of 9.77%. 》Click to view SMM spot quotes for zinc products On March 28, Yunnan Chihong Zn & Ge Co., Ltd. announced that due to significant price fluctuations in non-ferrous metal products and raw materials influenced by various factors such as domestic and overseas economic and policy conditions, in order to effectively reduce commodity market risks and hedge against the adverse impacts of price fluctuations in major raw materials and products on the company's production and operations, and based on judgments regarding macroeconomic trends, changes in industrial structure supply and demand, and trends in product and raw material prices, as well as the company's 2025 production plan, the company intends to utilize the hedging functions of options and futures instruments for risk control. The varieties involved in hedging include lead, zinc, and silver. When asked about the main drivers of the company's future profit growth, Yunnan Chihong Zn & Ge Co., Ltd. stated the following: First, the company adheres to a resource-first strategy. As of now, it has retained over 32 million mt of lead-zinc resources and owns two world-class high-grade lead-zinc mines. By pursuing both internal exploration and external mergers and acquisitions, the company has achieved resource reserves growth exceeding consumption for several consecutive years, forming a resource reserve scale that is safe, controlled, ensures supply stability, and supports continuous operations. Second, in recent years, the company has accelerated the layout of the zinc alloy and germanium deep-processing industry chain. By the end of 2024, the zinc alloy capacity had surged to 220,000 mt/year, and the market share of zinc alloy products has been increasing year by year. Third, the company focuses on the integration of digitalization and intelligence, with steady progress in the construction of smart mines and intelligent factories. In recent years, it has achieved significant breakthroughs in a number of key and original technologies, and multiple technical and economic indicators in mining, beneficiation, and smelting have taken the lead in the industry. Fourth, the company has established an efficient operational model integrating mining and smelting, as well as combined lead-zinc smelting. It continues to implement the "five integrations" closed-loop cost management and carry out comprehensive benchmarking for cost reduction, maintaining the full cost of lead-zinc concentrates from mines at the forefront of the industry and achieving a continuous five-year decline in the full processing cost of smelted zinc products.

According to the latest statistics from the China Gold Association, in Q1, domestic gold production from raw materials reached 87.243 mt, up 1.284 mt YoY, representing a 1.49% YoY increase. This included 61.772 mt of gold produced from gold mines and 25.471 mt of gold produced as a by-product of non-ferrous metals. Additionally, in Q1, gold production from imported raw materials was 53.587 mt, up 0.68% YoY. Including this gold produced from imported raw materials, China's total gold production reached 140.83 mt, up 1.18% YoY. In Q1, gold enterprises seized the opportunities brought about by rising gold prices, further reducing the cut-off grade to maximize the utilization of gold mine resources, leading to steady growth in gold production. Key gold mine projects, such as Haiyu, Shaling, and Xiling, advanced rapidly. Major gold enterprises actively adjusted their gold production layouts and promoted the construction of intelligent and green mines. China's large gold groups actively pursued an "outbound" strategy, accelerating the pace of gold M&A with remarkable results. On March 10, Chifeng Jilong Gold Mining Co., Ltd. was listed on the main board of the Hong Kong Stock Exchange, becoming the third domestic gold enterprise to be listed on both the "A+H" dual platforms, following Zijin Mining and Shandong Gold. In Q1, China's large gold groups produced 18.485 mt of gold from overseas mines, up 13.14% YoY. In Q1, China's gold consumption reached 290.492 mt, down 5.96% YoY. This included 134.531 mt of gold jewelry, down 26.85% YoY; 138.018 mt of gold bars and coins, up 29.81% YoY; and 17.943 mt of gold for industrial and other uses, down 3.84% YoY. Due to the suppression of high gold prices, consumer demand for gold jewelry remained weak, with traditional gold, high-purity gold, and small-weight gold jewelry being in higher demand. Products combining gold with other materials were also popular among young consumers. The complex and volatile geopolitical situation and economic uncertainties further highlighted gold's function as a safe-haven asset and a store of value, leading to a rapid and substantial increase in private investment demand for gold bars and coins. Industrial gold use showed a slight decline due to the impact of high gold prices. In Q1, China's gold market trading volume and turnover showed significant growth trends. The total two-way trading volume of all gold varieties on the Shanghai Gold Exchange was 16,000 mt (8,000 mt one-way), up 4.57% YoY, with a two-way turnover of 10.7 trillion yuan (5.35 trillion yuan one-way), up 42.85% YoY. The total two-way trading volume of all gold varieties on the Shanghai Futures Exchange was 55,400 mt (27,700 mt one-way), up 91.17% YoY, with a two-way turnover of 30.52 trillion yuan (15.26 trillion yuan one-way), up 143.69% YoY.In Q1, the open interest of domestic gold ETFs increased by 23.47 mt, up 5.49 mt from Q1 2024, representing a 327.73% YoY increase. By the month-end of March, the holdings of domestic gold ETFs reached 138.21 mt. On February 7, the National Administration of Financial Regulation issued the Notice on Conducting Pilot Programs for Insurance Funds to Invest in Gold Business, clarifying that insurance companies could conduct pilot programs for investing in gold business for the purpose of medium and long-term asset allocation. On March 25, the Beijing Branch of Industrial and Commercial Bank of China, in collaboration with China Life Insurance Company Limited, completed the nation's first insurance fund gold investment inquiry transaction under the new policy framework of the National Administration of Financial Regulation for conducting pilot programs for insurance funds to invest in gold business. This marked the first batch of gold transactions involving insurance funds entering the market. The investment channels for insurance funds were further broadened, injecting new vitality into the development of the gold market to a certain extent. By the month-end of March, the London spot gold fixing price was US$3,115.1 per ounce, up 17.79% from US$2,644.60 per ounce at the beginning of the year. The average price in Q1 was US$2,859.62 per ounce, up 38.16% from US$2,069.80 per ounce in the same period of 2024. The closing price of Au9999 gold on the Shanghai Gold Exchange was 730.8 yuan per gram by the month-end of March, up 19.02% from the opening price of 614 yuan per gram at the beginning of the year. The weighted average price in Q1 was 670.67 yuan per gram, up 37.68% from 487.11 yuan per gram in Q1 2024. In Q1, China increased its gold holdings by 12.75 mt. As of the month-end of March, China's gold reserves stood at 2,292.33 mt.

At the CLNB 2025 (10th) New Energy Industry Chain Expo - Battery Raw Materials Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Mengdie Wei, Product Manager of Jiangsu Fanye Power Energy Equipment Co., Ltd., shared insights on the topic "Smart Microgrid - Empowering the New Era of Green Mines."

The CLNB 2025 (10th) New Energy Industry Expo, hosted by Shanghai Metals Market (SMM), will be grandly held at the Suzhou International Expo Center from April 16 to 18, 2025. During the exhibition, there will be 1 main forum and 11 sub-forums, attended by government leaders, academicians from the Chinese Academy of Sciences and the Chinese Academy of Engineering, domestic and overseas scientists, foreign guests from dozens of countries, and leading entrepreneurs from various industries. Witness the gathering of industry leaders, discuss core technologies, listen to experts' insights, interpret market trends, and gather in Suzhou to focus on key issues, inviting you to jointly analyze industry development. This exhibition covers 6 major exhibition areas, with over 1,300 domestic and overseas exhibitors and participating companies showcasing the entire industry chain of batteries, including power batteries, consumer batteries, ESS, raw materials, materials, equipment, battery recycling, and new energy vehicles, power tools, electric drives, and the low-altitude economy in the power exhibition area, providing you with a one-stop exhibition experience. Click to fill out the registration form and register immediately to discuss the future development of the new energy industry with industry elites. We look forward to your arrival and to opening this feast of the new energy industry with SMM. At this new energy industry expo, Hubei Shuanghuan Technology Co., Ltd. will make a grand appearance, discussing industry cooperation, sharing development opportunities, and jointly painting a beautiful blueprint for the new energy industry with peers. Hubei Shuanghuan Technology Co., Ltd. booth number: F85+F86, sincerely invites you to visit the CLNB 2025 New Energy Industry Expo. About Shuanghuan Technology: Reject mediocrity, strive for excellence, move forward with courage, and never give up. Creating the gold standard for battery-grade sodium carbonate. Hubei Shuanghuan Technology Co., Ltd. was established in 1979, originally as the Hubei Chemical Plant, located in Yingcheng City, Hubei Province, known as the "Capital of Plaster and Sea of Salt," with a total area of approximately 1.7 million m². In April 1997, Shuanghuan Technology's A-share was listed on the Shenzhen Stock Exchange, with a registered capital of 464,145,765 yuan. In July 2023, it officially became a secondary subsidiary of the Yangtze River Industrial Investment Group (referred to as "Yangtze Industrial Group"), listed as a state-controlled enterprise integrating national high-tech and national green mines, a demonstration enterprise of the integration of informatization and industrialization in Hubei Province, and a "Double Hundred" enterprise. By the end of 2023, Shuanghuan Technology's annual sales revenue reached 3.8 billion yuan. The company's various products are smoothly produced and sold, forming a complete production and processing system including salt production, combined alkali, and thermal power, and building an integrated brand matrix of salt, alkali, ammonia, and fertilizer. Currently, the company has a capacity of 1.1 million mt of soda ash and ammonium chloride each, 1.3 million mt of salt, and 100,000 mt of battery-grade sodium carbonate. Its leading products, "Red Shuanghuan" brand soda ash and "Red Shuangquan" brand ammonium chloride, have won the title of China Famous Brand Products and are highly favored by domestic and overseas customers. The company has successively won the titles of "Advanced Grassroots Party Organization of Hubei State-owned Enterprises," "Hubei's Most Investor-recognized Listed Company," and "Xiaogan City's Star of Honest Tax Payment," and has been rated as a typical project implementation unit for the reform of industrial worker team construction in the province, included in the "National Third Batch of Healthy Enterprises" excellent cases, and approved as one of the "First Batch of Hubei 5G Factories in 2024" released by the Hubei Provincial Department of Economy and Information Technology. Relying on the group's "1+N+1+1" industrial investment and operation system, the company fully leverages the group's provincial investment fund management function, empowers advantageous resources, and invests 1.8 billion yuan to implement the green transformation of synthetic ammonia (IGCC) and the energy-saving upgrade project of combined alkali, improving environmental protection standards and energy efficiency, and reducing production costs. Relying on provincial platform resources, the company plans the new energy chemicals track, integrates regional chemical resources, accelerates industrial transformation and upgrading, and enhances core competitiveness, aiming to become a first-class green transformation, high-end, and fine modern chemical enterprise. Product Introduction: Cylindrical Battery Cell. Contact Information: He Yun, Director of Soda Ash Sales Department, Shuanghuan Technology. Phone: 18671211311. Email: cj@hbshkj.cn. [CLNB 2025—Hot Registration in Progress] CLNB 2025 (10th) New Energy Industry Expo, April 16 to 18, 2025, Suzhou International Expo Center.

According to the plan by the Ministry of Natural Resources and seven other departments, by the end of 2028, 90% of large mines and 80% of medium-sized mines nationwide are expected to meet the green mine standards. Many regions have already made early arrangements. For example, Shaanxi Province requires 50% of large and medium-sized mines to meet the standards by the end of 2026, while Sichuan Province aims to increase the proportion of green mines to 15%, 40%, and 70% from 2025 to 2027, respectively. Driven by policies, mining companies are accelerating intelligent transformation, with smart microgrids becoming a key to the transition due to their flexible and efficient energy management characteristics. Smart microgrids achieve dynamic balance of energy supply and demand through the "PV + ESS + intelligent regulation" model. In a demonstration project at a mining area, four 6MW distributed PV power stations generate over 41.5 million kWh annually, with a total power generation of 970 million kWh over 25 years, equivalent to an annual power generation duration of over 1,600 hours. The accompanying mobile energy storage system can quickly respond to grid fluctuations, increasing the clean energy consumption rate by over 20% and effectively reducing reliance on fossil fuels. The large-scale application of smart microgrids not only reshapes the energy structure of mines but also provides a replicable technical paradigm for sustainable industry development through data-driven precise regulation. Driven by both policy and market forces, this technology is accelerating the mining industry's transition to a new era of green, efficient, and intelligent operations. SMM Information & Technology Co., Ltd. (referred to as SMM) will launch the Battery Raw Materials Forum at the CLNB 2025 (10th) New Energy Industry Expo from April 16 to 18, 2025. Meng Limin, Chairman of Jiangsu Fanye Power Energy Equipment Co., Ltd., will discuss smart microgrids and empower the new era of green mines by combining industry data, technological trends, and industrial dynamics. Keynote Speaker: Topic: Smart Microgrids, Empowering the New Era of Green Mines Meng Limin, Member of the Jiangsu Overseas Chinese Federation, Standing Committee Member of the Wuxi Overseas Chinese Federation, Vice President of the Wuxi Overseas Chinese Chamber of Commerce, Vice President of the Canadian Jiangsu Chinese Federation, President of Wuxi Ruiling Metal Products Co., Ltd., Chairman of Jiangsu Fanye Power Energy Equipment Co., Ltd., and President of Canadian Astralon United Power Co., Ltd. About Fanye: Fanye Power has designed and developed a containerized microgrid integrating PV systems, energy storage systems, energy management systems, PCS, PDS, transformers, fire protection systems, temperature control systems, and other modules. It comprehensively manages and regulates PV power generation, energy storage charging and discharging, diesel generator power generation, and end-user equipment power supply, while also reserving input ports for grid power, wind turbines, hydro generators, and other energy sources, retaining more expansion possibilities. Additionally, Fanye's self-developed data management platform enables owners to remotely monitor and manage the entire system, supporting computer and mobile login and access, encrypted transmission, global visibility, and strong security. Battery Raw Materials Forum April 17 [09:00-09:30] The Necessity of Battery Raw Materials Strategy and International Cooperation Guest Speaker: Martin Ma, China GM, International Lithium Association [09:30-10:00] Unlocking Green Energy: Responsible Mineral Strategy in Energy Transition Guest Speaker: Mr. Daniel Abdo, Director of International Relations and Business Development, Sigma Lithium [10:00-10:20] Lithium Resource Mining and Sustainable Development: Balancing Demand and Environmental Impact Guest Speaker: To be confirmed [10:20-10:40] Topic to be confirmed Guest Speaker: Alfred H Knight [10:40-11:00] Smart Microgrids, Empowering the New Era of Green Mines Guest Speaker: Meng Limin, Chairman, Jiangsu Fanye Power Energy Equipment Co., Ltd. [11:00-11:20] Legal Risks and Prevention Strategies for Investing in Sichuan Spodumene Mines: Case Studies Guest Speaker: Fan Xiaoqiang, Senior Partner and Director of Mining Compliance Construction Promotion Center, Beijing Yuren Law Firm [11:20-12:10] Current Status and Challenges of the Global Lithium Battery Raw Materials Supply Chain Moderator: Zhou Zhicheng, Senior Analyst of New Energy Industry Research, SMM Information & Technology Co., Ltd. Guest Speakers: Dr. Mark Mistry, Senior Public Policy Manager, Nickel Institute; Tsutomu Aoki, Head of Battery Division, BASC Japan Battery Supply Chain Association; Elizaveta Iakubets, Battery Metals Trader, Open Mineral; Gao Han, Senior Analyst, S&P Global Mobility More Exciting Summits April 16, 2025 Opening Ceremony & Forum of Academicians and Top-Tier Entrepreneurs Business Package New Energy Industry Forum: SMM Sodium-Ion Battery Application Market Development Seminar Invest in Poland: New Energy Strategy Forum SMM New-Type Anode Material Innovation Seminar International Cobalt Association Industry Salon Sub-Forum 1: New Energy Mineral Exploration and Industry Development Forum Gala Dinner & Awards Ceremony April 17, 2025 Sub-Forum 2: Battery Raw Materials Forum Sub-Forum 3: New Energy Battery Materials Forum Sub-Forum 4: Hydrogen Energy Industry Development Forum Business Package Sub-Forum 5: Lithium Battery Recycling Forum Sub-Forum 6: All-Solid-State Battery Forward-Looking Technology Forum Sub-Forum 7: Battery Auxiliary Materials Forum Sub-Forum 8: New Energy PV ESS Forum Sub-Forum 9: International Mining Investment and Development Summit Forum CLNB 2025 (10th) New Energy Industry Expo provides a high-quality platform for exchange and cooperation in the new energy industry. Meng Limin, Chairman of Jiangsu Fanye Power Energy Equipment Co., Ltd., will attend this grand event to share her rich industry experience and unique strategic vision. It is believed that based on this exchange and discussion, all parties will promote cooperation and development across the entire new energy industry chain to new heights, contributing to the global energy transition. April 18, 2025 Sub-Forum 10: Overseas Market Forum Sub-Forum 11: Low-Altitude Economy Forum Sub-Forum 12: Suzhou Virtual Power Plant Ecosystem Forum (3rd) CLNB 2025 New Energy Full Industry Chain Expo Time: April 16-18, 2025 Location: Suzhou International Expo Center This exhibition focuses on the entire new energy industry chain, showcasing power batteries, energy storage, raw materials, materials, equipment, mining, and battery recycling, providing a one-stop exhibition experience.

The 800,000 mt/year Beneficiation Plant Upgrading and Renovation Project of Sichuan Xinyuan Mining Co., Ltd. Commenced Construction. Recently, the groundbreaking ceremony for the 800,000 mt/year beneficiation plant upgrading and renovation project of Sichuan Xinyuan Mining Co., Ltd., a subsidiary of Western Mining Co., Ltd., was held. As the first green and intelligent mine on the western Sichuan plateau, the 800,000 mt/year beneficiation plant renovation project of Xinyuan Mining has a total investment of 255 million yuan, with a construction period expected to last 7 months. The project will adopt internationally advanced beneficiation technology and first-class equipment. Upon completion, it will achieve an annual ore processing capacity of 800,000 mt, with annual sales revenue exceeding 800 million yuan and tax payments of 150 million yuan.