Xinjiang Mengxin Tianba Mining Investment Co., Ltd. announced a private placement of common shares for the ross proceeds of CNY 70,000,000 on July 20, 2023. The transaction involved participation from returning investor Western Region Gold Co., Ltd. The registered capital will increase from CNY 50,000,000 to CNY 120,000,000. This has been approved in the 33rd Meeting of the Company?s 4th Directorate held on July 20, 2023, and does not need the Shareholders?

Approval.