Dazhong Mining announced that on January 6, 2026, the board of directors of the company deliberated and approved a proposal for a subsidiary wholly-owned company to implement the 20 million tons/year lithium ore mining and final processing project in the Tongtianmiao section of the Jijiaoshan Mining Area. The estimated investment for the construction of the project is 3,688 billion yuan, including the “Comprehensive Recycling Project for the Annual Treatment of 20 Million Tons of Polymetallic Resources” approved earlier. This time, it is proposed to invest an additional 1,925 billion yuan with own or self-funded funds. It is within the authority of the board of directors and does not require approval from the shareholders' meeting. At present, the project has been approved and filed, and further formalities are still required. The scale advantage of the project is outstanding. After completion and delivery, the financial internal rate of return after project income tax is 26.73%, which will enhance the company's competitiveness and profitability.

Dazhong Mining announced that on January 6, 2026, the board of directors of the company deliberated and approved a proposal for a subsidiary wholly-owned company to implement the 20 million tons/year lithium ore mining and final processing project in the Tongtianmiao section of the Jijiaoshan Mining Area. The estimated investment for the construction of the project is 3,688 billion yuan, including the “Comprehensive Recycling Project for the Annual Treatment of 20 Million Tons of Polymetallic Resources” approved earlier. This time, it is proposed to invest an additional 1,925 billion yuan with own or self-funded funds. It is within the authority of the board of directors and does not require approval from the shareholders' meeting. At present, the project has been approved and filed, and further formalities are still required. The scale advantage of the project is outstanding. After completion and delivery, the financial internal rate of return after project income tax is 26.73%, which will enhance the company's competitiveness and profitability.