China Color Corporation: Holding subsidiary wins bid to acquire exploration rights.

Zhongse Corporation announced that its holding subsidiary, Qinghai Zhongse Mining Development Co., Ltd., successfully bid for the exploration and mining rights of a polymetallic mine in Hariza area, Dulan County, Qinghai Province, with a bid of 214 million RMB. The main minerals of the exploration rights are lead, zinc, silver, and copper, with a total inferred ore volume of approximately 45.4154 million tons and metal content of about 446,000 tons. This transaction does not constitute a related party transaction or a major asset restructuring, and the funds come from self-owned or self-raised funds, which is in line with the company's development strategy and will help enhance resource reserves and core competitiveness. The related transactions still need to sign contracts and go through procedures such as obtaining exploration permits, so there is uncertainty.