Chifeng Gold announced that on August 7, 2026, the 9th meeting of the 9th board of directors of the company reviewed and passed a bill agreeing that the holding subsidiary Xiamen Chijinxia Tungsten Metal Resources Co., Ltd. would suspend the operation of the Mengkang rare earth mine project in Mengkang County, Xieng Khouang Province, Laos. The project is still in the trial mining stage. In 2025, Chijinxia Tungsten produced 998.56 tons of rare earth products, attributable to Chifeng Gold's net profit of 540.67 million yuan; in the first quarter of 2026, 63.6 tons of rare earth products were produced, which is attributable to Chifeng Gold's net profit of 372,800 yuan.

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