GUOCHENG RESOURCES (INNER MONGOLIA) CO., LTD.

Guocheng Resources (Inner Mongolia) Co., Ltd. was established on December 14, 2016, with a registered capital of RMB 900 million. It is a wholly-owned subsidiary of Guocheng Mining Co.,Ltd.(stock code 000688.SZ), locates in Qing shan Industrial Park, Urat Houqi, Inner Mongolia.The project covers an area of 69.84 ha, with an estimated total investment of RMB 2.98 billion. The products include: 200 kmt/a capacity titanium dioxide(TiO2), 700 kmt/a capacity sulfuric acid and 1.1 million mt/a capacity iron concentrate powder.