Beijing Oriental Yuhong secures Guangxi mining rights for new materials project

Beijing Oriental Yuhong Waterproof Technology Co., Ltd. announced today that its subsidiary, Nanning Oriental Yuhong New Materials Co., Ltd., has secured a real estate title certificate for mining rights in Shanglin County, Nanning City, Guangxi Zhuang Autonomous Region. This follows the company's successful bid of 26,700,000 yuan for the mining rights on September 24, 2025. The mining rights cover an area of 0.3514 square kilometers with an extraction depth from 478.00 meters to 250.00 meters.

The primary mineral is decorative limestone, with architectural stone as a co-associated mineral. The rights are valid from November 24, 2025, to November 24, 2045, supporting the company's 600,000,000 yuan investment in the Shanglin County New Materials Industrial Chain Project. This project includes mining, initial processing, deep processing, and the production of special mortars for decorative marble slabs.

This acquisition is a pivotal development for the sustainable growth of Beijing Oriental Yuhong's production base and its new materials value chain in Shanglin County. The company emphasizes that it will continue to monitor project progress and fulfill its information disclosure obligations.