Brief introduction of Jilin Tonggang Mining Co., Ltd.

Jilin Tonggang Mining Co., Ltd. is located in Changchun City, Jilin Province. It was jointly funded by Tonghua Iron and Steel Group Co., Ltd. and Beijing Huaxia Jianlong Mining Technology Co., Ltd. in August 2007, with a registered capital of 654.38 billion yuan. The headquarters has six functional management departments, including finance department, production technology department, engineering management department, purchase and sale management department, resource development department and personnel administration department. It owns six holding subsidiaries, including Banshi Mining Company, Dalizi Mining Company, Tonghua Huadian Mining Company, Jianping Tonggang Mining Company, Dunhua Tadong Mining Company, Jilin Shuanglong Mining Company, a wholly-owned subsidiary of Yingkou Australian Mining Processing Company, and shares in Australia IMX Company. The business scope mainly includes the exploration, mining, processing and sales of ferrous metals and nonferrous metals, the sales of mining machinery products and technical consultation. The business locations are mainly concentrated in baishan city, Jilin City, Yanbian Prefecture and western Liaoning Province. At present, Tonggang Mining Company has a comprehensive production capacity of 3.75 million tons of finished iron concentrate and 380,000 tons of pig iron.