On the afternoon of March 31, 2023 Beijing time, Liaoning Hongda Enterprise Group and Yantai Dongfang Metallurgical Design and Research Institute Co., Ltd. held a video conference to conduct a preliminary discussion on the selection and metallurgy design of the proposed development project in Zimbabwe.

During the conference, General Manager Mr. Tan gave an overall introduction to Hongda Group's investment and development in Africa, focusing on the category, scale, ideas, objectives, and early exploration and prospecting of the proposed project in Zimbabwe. Mr. Tan pointed out that the Zimbabwe project, as a key development object of Hongda Group, will be launched as soon as possible. The overall requirements for the design of the concentrator are simple process, low cost, and quick results. Mr. Tan said that Vice President Ms. Li is the guide of Hongda Group's gold ore dressing and smelting design, and the early cooperation between the two sides was very enjoyable. Hongda Group would like to express its sincere thanks, and expect the relevant personnel of both sides to do a good job in docking, close communication, and strengthen the in-depth cooperation in metallurgy research, design and construction, equipment purchase and other aspects.

President Mr. Xu of Dongfang Metallurgical Design Institute introduced his company's functions, scale, engineering team, and cooperation cases, and expressed his willingness to cooperate with Hongda Group, a company with lofty goals, high integrity and strength. He hoped that the relevant personnel of both sides could directly carry out the work, and sincerely invite Hongda personnel to visit Yantai to deepen mutual understanding. Vice President Ms. Li thanked Mr. Tan for his recognition and promised to take Hongda staff as her family and treat Hongda projects as her own work.