Dazhong Mining Co., Ltd.

Company Profile

1、 Abundant resource reserves The total amount of iron ore resources registered by the land and resources management department of the company is 690 million tons, and the amount of pyrite resources is 70.8541 million tons, which has a significant resource advantage among independent iron ore mining and selection enterprises. The Tongtianmiao section of the Jijiaoshan lithium mine in Hunan and the first mining area of the Jiada lithium mine in Sichuan, which have been reviewed and filed by the Ministry of Natural Resources, have lithium mines equivalent to over 4.72 million tons of lithium carbonate. The resource volume is in a leading position in China, and there is significant room for future storage expansion. The abundant and high-quality iron and lithium resources have laid a solid foundation for the sustainable development of the company. 2、 Strong growth potential The company continues to increase its existing iron ore production capacity, resulting in a significant increase in iron concentrate powder. At the same time, the company is accelerating the development and construction of lithium mining projects in Sichuan and Hunan, which will form new profit growth points in the second half of this year. The company's newly added iron ore production capacity and ongoing lithium mining projects demonstrate significant growth advantages in its business. 3、 Professional mining management skills The company has been deeply engaged in mining for more than 20 years and now has mature comprehensive industrial capabilities in mining exploration, selection, smelting, management, etc. The company focuses on mining, beneficiation, and metallurgy, and can replicate its accumulated experience in iron ore development to the operation of other types of minerals. This advantage has been clearly reflected in the development and design of the company's existing lithium mines: the mining design took the lead in using TBM shield machines to dig tunnels in the lithium mining industry, shortening the construction period; The factory is located in low altitude and conveniently accessible areas to overcome the impact of climate and environment and achieve year-round production; Taking the lead in using strong magnetic pre selection technology to select lithium mica powder and reduce beneficiation costs; Innovate the sulfuric acid method to extract lithium, improve the recovery rate of lithium resources, overcome the environmental problems of lithium slag, synchronously recover metals such as potassium, achieve a circular economy model of "one mine, multiple outputs", and reduce smelting costs. Professional mining management capabilities enable the company to achieve rapid business expansion, drive new projects to be put into operation as soon as possible, expand profit scale, and create a diversified development model. 4、 Complementary advantages of industries After more than 20 years of deep cultivation and development, the company's iron ore business has formed a mature operating system, generating stable cash flow every year, which is the cornerstone of the company's growth and expansion. But the company operates a single iron ore business, and its performance is easily affected by cyclical factors, resulting in significant fluctuations. To resist the cyclical risks of the iron ore industry, the company actively lays out the lithium mining new energy industry and forms a new pattern of dual wheel drive and coordinated development in the business system. With the production of lithium mines, the new energy industry will gradually become a new profit growth point for the company. While resisting the cyclical risks of the iron ore industry, it will significantly enhance the company's profitability. 5、 Cost advantages of self operated mining, beneficiation, and metallurgy industry chain The company's main products are self-sufficient in raw materials, and key production processes such as mining, beneficiation, and smelting are mainly self operated, with integrated production, giving the company a significant advantage in cost control. In the first half of 2025, the unit sales cost of the company's iron concentrate powder is 374.11 yuan/ton, and the gross profit margin of iron concentrate powder is 54.79%, which is at a relatively high level in the industry. The entire industry chain of lithium carbonate mining, selection, and smelting is self operated, and the new sulfuric acid process is more conducive to reducing the cost of lithium carbonate. The cost advantage enables the company to have stronger profitability and risk resistance in market competition. 6、 Management advantages and talent reserves The company has gathered a group of core management members with profound experience in mining exploration, selection, smelting, construction, and operation management. They have a thorough insight into the technological dynamics and development trends of the industry, as well as excellent strategic planning capabilities and efficient execution. Most of the senior management personnel in the company hold dual roles as both managers and shareholders, which endows the team with higher stability and stronger cohesion. In addition, the company attaches great importance to the development and introduction of talents, and has built a high-quality and professional talent reserve team through a combination of internal training and external recruitment. 7、 Mechanized, automated, and intelligent mining The company focuses on the research and development of new mining processes and equipment, actively promoting "mechanization to reduce personnel and automation to replace personnel", and comprehensively promoting the construction of mining mechanization, automation, and intelligence. At present, the company's beneficiation plant and mine lifting, transportation, ventilation, and drainage systems have fully achieved unmanned intelligent scheduling. All mining equipment investment in the mine is international advanced equipment, and the shield machine has been first applied to underground construction in the mine, achieving modernization of production equipment, automation of production processes, informationization of operation management, and networking of data management, creating a "safe, efficient, intelligent, and green" intelligent mine, reaching the international advanced level of the industry. 8、 Integrated development of green mines and industrial tourism In terms of low-carbon and green development, the company has self built green electricity such as waste heat power generation and photovoltaics for self use, and has begun to comprehensively promote the use of permanent magnet motors and new energy vehicles in major production areas. In addition, the company actively responds to the national green development concept, attaches great importance to the construction of green mining bases, continuously increases environmental protection investment, and is committed to creating green and environmentally friendly scenic mines. At present, the company has successfully created two national 3A level industrial tourism scenic spots, namely the Dazhong Mining Industrial Tourism Scenic Area and the Anhui Jinrisheng Iron Mine Cultural Expo Park, achieving deep integration and development of green mining and industrial tourism.