At the beginning of 2026, Shaanxi Xing Gong Investment Holding Group Co., Ltd. announced the completion of its investment consolidation of the Shangluo Hongxiang Nickel Mine. The project is located in Shangluo City, Shaanxi Province, China, covering a mining area of over 10 square kilometers.

This consolidation marks a new step forward in Xing Gong Group's dual-drive strategy of "financial investment + energy and mineral resources." The Group's business spans financial services and mineral resource development, currently operating four coal mines, one gold mine, and the newly consolidated nickel polymetallic mine.

Disclosures indicate that the Hongxiang Nickel Mine boasts prominent resource endowment, with proven nickel metal reserves of 173,300 tons at an average grade of 3.16%; associated cobalt metal reserves of 6,567 tons at an average grade of 0.137%; and copper metal reserves of 62,200 tons at an average grade of 1.69%. This deposit is a high-grade nickel-cobalt-copper polymetallic ore, holding significant strategic development value.

Xing Gong Group stated that it will continue to optimize its global industrial layout. Building on the foundation of stabilizing its existing energy and mineral resource bases, the Group will further expand the development of strategic mineral resources and promote synergistic development across the industrial chain.