Dear Investor: Hello! The company's core business focuses on the utilization of high-salt industrial wastewater resources, lithium extraction from salt lakes, and mineral development. Our service areas primarily cover water resource recycling and reuse in industrial and municipal scenarios such as coal chemical industry, petrochemical industry, lithium extraction from salt lakes, nuclear power, and thermal power. Tibet has always been a key focus area for the company. In 2021 and 2022, the company successfully won bids for the Zabuye and Laghu Lake lithium extraction projects. Its subsidiary, Tibet Jingrun New Materials Co., Ltd., has invested in the construction of the Tibet Salt Lake Comprehensive Development Research and Development Base. The “Yarlung Tsangpo River Super Hydroelectric Power Station” project is currently in its initial stage, with an estimated construction period of 10 to 15 years. In the future, the company will actively monitor relevant project information and participate in bidding for projects related to its business operations.

Dear Investor: Hello! The company's mining operations in the Tibet region primarily focus on the extraction of lithium from salt lakes and other non-ferrous metal minerals. For instance, in 2021 and 2022, the company successfully bid for lithium extraction projects at the Zabuye and Laguo Lake salt lakes. The company's subsidiary, Tibet Jingrun New Materials Co., Ltd., has invested in the construction of the Tibet Salt Lake Comprehensive Development Research and Development Base, actively participating in the technological research and development and industrial application of salt lake resources. In the future, the company will leverage its own strengths and characteristics to further deepen its mining operations in the southwest region.

Dear investor: Hello! As of July 18, 2025, the total number of shareholders of the Company was found to be 14,462.

Dear Investor: Hello! The iron-copper mine in the Lai Li Qiao Ke area of Pishan County, the copper mine in the Ganhu Tan West area of Yutian County, and the copper polymetallic mine in the Tuoman South area of Pishan County, which were acquired by the company in 2024, are currently in the exploration phase; The lithium mine in Toglakbulaq, Ruoqiang County, and the lead-zinc polymetallic mine in the Saryuqi West area of Qiemo County, which were acquired in 2025, are being processed in accordance with the auction procedures. The company will comply with relevant laws and regulations and promptly fulfill its disclosure obligations if there are any significant developments. Please pay attention to the company's subsequent announcements.

Dear investor: Hello! As of July 10, 2025, the total number of shareholders of the Company was found to be 13,446.

Dear investor: Hello! As of June 20, 2025, the total number of shareholders of the Company was found to be 13,116.

Dear investor: Hello! As of June 10, 2025, the total number of shareholders of the Company was found to be 13,592.

Dear investor: Hello! As of May 30, 2025, the total number of shareholders of the Company was found to be 13,552.

Dear investor: Hello! As of May 20, 2025, the total number of shareholders of the Company was found to be 13,733.

Dear investor: Hello! As of May 9, 2025, the total number of shareholders of the Company was found to be 13,524.

Dear investor: Hello! As of April 30, 2025, the total number of shareholders of the Company was found to be 13,393.

Dear investor: Hello! The impairment provisions in recent years primarily resulted from operational difficulties encountered by certain clients and observed impairment indicators on specific assets. In strict compliance with the Accounting Standards for Business Enterprises and adhering to the principle of prudence, we conducted comprehensive impairment assessments on various assets within our consolidated financial statements as of December 31, 2024, including accounts receivable, other receivables, contractual assets, and intangible assets. Where impairment indicators were identified, we duly recorded corresponding credit and asset impairment provisions. Moving forward, the Company will conduct comprehensive evaluations of clients' creditworthiness before project undertaking, carefully selecting clients and projects to reduce accounts receivable risks arising from client operational risks. Additionally, the Company will strengthen project execution to ensure full compliance with laws, regulations, and contractual obligations in its water treatment solutions business. Meanwhile, the Company has implemented real-time accounts receivable tracking to monitor payment collection based on project progress, ensuring timely capital backflow. For receivables at risk, the Company will intensify collection efforts and, if necessary, take legal action to protect its interests. In accordance with the Accounting Standards for Business Enterprises and other relevant regulations, the Company has fully provided for assets showing impairment signs, with no manipulation of profits.