Wanguo Gold Group Limited (万国黄金集团有限公司) (Hong Kong SAR, China)

Wanguo International Mining Group Limited is principally engaged in the business of mining, ore processing and sale of the concentrates products in the People’s Republic of China. Copper concentrates and iron concentrates are its core commodities. The company, through its wholly-owned subsidiaries, owns the entire equity interest in Yifeng Wanguo which in turn owns the Xinzhuang Mine that has a production system separated into a mining system and a processing system. Currently, the Xinzhuang Mine is covered by a mining licence issued by the Department of Land and Resources of Jiangxi Province valid until April 2032 covering an aggregate area of 3.7692 sqm. The Group does not conduct any open pit mining and only conducts underground mining. Mining capacity refers to the capability of the mining system to produce ore under normal operation conditions while processing capacity refers to the capability of the processing system to treat the ore produced from the mining system under normal operation conditions.