Baotailong announced on October 8 that Baotailong New Materials Co., Ltd. Second Mine, which belongs to the company, received the “Notice from the Xinxing District People's Government on Allowing Baotailong New Materials Co., Ltd. to resume production” issued by the Xinxing District People's Government of Qitaihe City, Heilongjiang Province, and agreed to resume production at Baotailong New Materials Co., Ltd. Baotailong Mine 2 is a mine designed with a production capacity of 300,000 tons/year. The mine is now an official mine. Up to now, the company's 2022 non-public fund-raising investment projects have all been completed and officially put into operation.

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