Zhitong Finance App News, China Ecological Land Management (08507) announced that on November 3, 2026, the company and Beijing Future Shangzhi Software Base Co., Ltd. signed a strategic cooperation agreement with Beijing Future Shangzhi Software Base Co., Ltd. (partner) to carry out strategic cooperation on future exploration and development of newly discovered mineral-dissociated rare earth ores in northeast China.
According to the strategic cooperation agreement, the two sides agreed to cooperate on the future exploration and development of rare earth resources in the target region. The scope of cooperation includes: project technology research; ecological environment assessment and treatment; exploration, mining and smelting of mineral resources; ecological restoration; and evaluation of permanent magnet materials.
The board of directors believes that the establishment of a strategic cooperation agreement will enable the Group to participate in the early exploration and development layout of newly discovered rare earth resources in Northeast China, help the Group seize the development opportunities of national strategic mineral resources, and create synergy with the Group's proposed business areas in the field of ecological land management and ecological environment restoration, injecting new impetus into the long-term development of the Group and creating value for the company's shareholders.
The partner is a limited liability company established in China. It has land use rights for about 600,000 square meters of industrial land with convenient transportation in the core location of the target area, and has received technical support from the World Academy of Sciences for Sustainable Development and many academicians.