Brief introduction of Hunan Nonferrous Metals Holding Group Co., Ltd.

Hunan Nonferrous Metals Holding Group Co., Ltd. (hereinafter referred to as "Hunan Nonferrous Metals Group" and "HNG") was established on August 20, 2004 with a registered capital of 2.8 billion yuan. Is a large state-owned enterprise specializing in the production and sales of non-ferrous metals, one of the top 500 Chinese enterprises and one of the top 500 manufacturing enterprises in China. The State-owned Assets Supervision and Administration Commission of Hunan Province, Hunan Nonferrous Metals Group, Minmetals Nonferrous Metals Holdings and Minmetals Group reached relevant agreements on February 24th and 28th, 2009 respectively. China Minmetals increased its capital and reorganized Hunan Nonferrous Metals, holding 5 1%, and Hunan Nonferrous Metals entered the embrace of central enterprises.