Company will invest 2 billion into the capital being one of the two strategic investors to build new mining

In order to realize rapid development of corporation and promote continuous and healthy development of listed companies, after preliminary consultations, our company will be shareholders of Jianxin Group by investing the equity funds investments as agreed with Zhongsheng Investment. Liu Jianmin ,who is the actual controller of originally Jianxin Mining, will control the new group. If they succeed, the registered capital of the Jianxin Group change from 55,000 into 137,000, among which Liu Jianmin accounts 40% of equity ratio, Huaxia Investment accounts 35% of equity ratio, Zhongsheng Investment accounts 25% of equity ratio. 2 billion RMB is invested by Huaxia Investment and 15 billion RMB is invested by Zhongsheng Investment.

Combining the strengths of two strategic investors, Jianxin Group will have a leaping development. It will become one of the top five hundred corporations in China, being the leader of mineral investment and development, with diversified development platform.