INNER MONGOLIA XINGYE SILVER＆TIN MINING CO.,LTD

Inner Mongolia Xingye Silver & Tin Mining Co., Ltd. is a holding company listed on the Shenzhen Stock Exchange since 1996. The company focuses on the exploration, extraction, and smelting of non-ferrous and precious metals. Although it does not engage directly in mining or production activities, Xingye oversees a diverse portfolio of 18 subsidiaries organized into five main business segments: Mining, Smelting, Investment, Trading, and Research & Development. The Mining segment includes key subsidiaries such as Yinman Mining, which is recognized for its high-grade reserves and is one of the largest silver-producing mines in China. Yinman also plays a significant role in tin concentrate production, holding a notable share of the domestic market. Another subsidiary, Yubang Mining, manages the Shuangjianzi Mountain silver-lead-zinc mine area, identified as a strategic asset with substantial silver reserves. The company's Smelting segment is represented by Shuangyuan Nonferrous, while the Trading segment facilitates international metal trade and resource acquisition. Additionally, the Research & Development segment focuses on technological advancements in mineral processing and exploration.

Yinman Mining, a key subsidiary of the company, primarily holds high-grade reserves of lead-zinc-silver and copper-tin-silver-zinc deposits, featuring elevated silver content and a long remaining mine life. It is recognized as one of the largest silver-producing mines in China and serves as a core producer of tin concentrates in the domestic market. According to the Tin Industry Branch of the China Nonferrous Metals Industry Association, Yinman ranked second nationally in tin concentrate production in 2023, capturing an 8.7% share of the domestic market—up 6.1 percentage points from 2022. Meanwhile, another subsidiary, Yubang Mining, holds the Shuangjianzi Mountain silver-lead-zinc mine area, which has been identified as a strategic asset. Based on data published by the U.S. Geological Survey as of May 2023, the mine accounts for 20.93% of China’s total silver reserves and 2.70% of global reserves. According to the Silver Institute’s 2023 year-end statistics, the mine ranks as the largest standalone silver deposit in Asia and fifth globally.