HUNAN NONFERROUS METALS HOLDING GROUP CO.,LTD

Hunan Nonferrous Metals Holding Group Co., Ltd. (abbreviated as “Hunan Nonferrous Group,” English abbreviation “HNG”) was established on August 20, 2004, with a registered capital of RMB 2.8 billion. It is a large provincially owned wholly state-owned company primarily engaged in the production and sale of nonferrous metals, and is one of China’s Top 500 Enterprises and Top 500 Manufacturing Enterprises. Hunan Nonferrous Group holds the mining rights to major mineral resources in Hunan Province, including lead, zinc, tungsten, antimony, bismuth, and fluorite. Integrating exploration, mining, mineral processing, smelting, R&D, processing and deep processing, as well as science, industry and trade, it is a well-known Chinese provider of multiple varieties of nonferrous metals, deep-processed products, and technical services. The group owns the Shizhuyuan Mine, known as the “World Nonferrous Metals Museum,” Xikuangshan, known as the “World Antimony Capital,” and Yaogangxian, known as the world’s fourth-largest scheelite mine. Its tungsten and bismuth resource reserves rank first in the world, and its antimony resources are very abundant.