Jin Chengxin announced that the company recently signed a contract with Guizhou Kailin Group Co., Ltd. relating to the second phase of the first phase of the Kaiyang Yangyang Water Mining Area East Wing Deep Phosphate Mining Project, including two general construction contracts and general construction contracts. The estimated contract prices including tax were 220 million yuan and 158 million yuan respectively, for a total of 360 million yuan. The contract period was 599 calendar days. The final amount was calculated based on the actual completed workload and contract unit price. This transaction does not constitute a related transaction. The execution of the contract will have a certain impact on the company's performance, and there are risks such as performance and force majeure.

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