Hunan Yueyang 160 million tons of sand and gravel mining rights 628 million yuan transfer!

2023, the transferor Miluo State-owned Assets Management Co., Ltd. and the transferee Hunan Miluo Nanfang New Material Technology Co., Ltd. applied to the Hunan Provincial Department of Natural Resources for transfer approval and change registration of the mining right of Le Futian Granite Mine for Construction in Miluo City. The

transfer is publicized as follows:

1. Basic information

of

the transferor Name: Miluo State-owned Assets Management Co., Ltd. (Now renamed as Hunan Miluo River Holding Group Co., Ltd.)

Unified credit code: 91430681MA4P999J31

Legal representative Person: Wu Quanzhong

Address: Mixin Road, Miluo City, Hunan Province (5th Floor of the former Price Bureau Office Building)

2. Basic Information

of the Transferee Name: Hunan Miluo Nanfang New Material Technology Co., Ltd. Unified

Credit Code: 91430681MA4R7N 8 C9B

Legal representative: Zheng Xiongwei

Address: Qingjiang Village, Chuanshanping Town, Miluo City, Yueyang City, Hunan Province

3. Transfer method: contribution

at a fixed price 4. Transfer price: RMB

628 million 2. Basic Information of

Mining Right 1. Mine Name: Lefutian Granite Mine for Construction, Miluo City

2. Mining License No.: C43068120180971001467373

. Issuing Authority: Miluo Natural Resources

Bureau 4. Validity period of mining right: from September 13, 2018 to September 13

, 2028 5. Location of the mining area: Chuanshanping Town, Miluo City

6. Coordinates of the mining area: (2000 National Geodetic Coordinate System)

7. Area of the mining area: 0.5909 square kilometers

8. Mining minerals: granite for construction

9. Mining elevation: from + 380m to + 115m elevation

10. Resource reserves: According to Mian Guo Tu Zi Kan Chu Bei Zi [2018] No.4, the mine has 12967 9700 tons of granite ore resources for construction and 31.6276 million tons of resources for slope overburden.

3. The publicity period

is 10 working days from January 11, 2023.

If there is any objection to the contents of this announcement, the objector shall submit it in writing to the Department of Natural Resources of Hunan Province within the period of publicity.

Hunan Provincial Department of Natural Resources January 11