Does Xiangjiang Holdings have the concept of mining?

Xiangjiang Group, its major shareholder, has the largest commercial wholesale network and the most advanced logistics center platform in China, and involves various mining assets investment. The company's commitment to share reform expired in June this year, and the injection of real estate assets did not conform to the national industrial policy, and the additional issuance was cancelled, highlighting the expectation of mining assets injection. Xiangjiang Group is expected to transform into a resource and mineral-based business. Shareholder Hunan Nonferrous Nanling Resources Development Co., Ltd. found three rare earth mines with important industrial value: Qingquan Rare Earth Mine, Datang Rare Earth Mine and Fang Xin Rare Earth Mine.