Development of Liaoning Jinzhong Gold Co., Ltd.

China National Gold Group Liaoning Co., Ltd. has total assets of1.1.60 billion yuan, and has two wholly-owned subsidiaries, namely Hainan Shengjing Real Estate Development Company and Liaoning Gold Materials Company. Hainan Shengjing Real Estate Development Co., Ltd. is located in Sanya City, Hainan Province, mainly engaged in real estate development. Since its establishment, the total construction area of commercial housing has reached more than 63,000 square meters. Liaoning Gold Materials Company was incorporated in 1998. Its predecessor was the Materials and Equipment Department of Liaoning Gold Company, which mainly distributed sodium cyanide, mining equipment, spare parts and materials.

At present, the company strives to broaden the field of material circulation, actively carry out economic and technological cooperation, and vigorously promote institutional innovation to strive for greater development for China National Gold Group Liaoning Co., Ltd.