About Rising Nonferrous Metals Share Company

The company evolved from the Guangdong Metallurgical Department founded in 1953, China Nonferrous Metals Industry Guangzhou Company established in 1983, and Guangdong Guangsheng Nonferrous Metals Group Co., Ltd., which was restructured in 2002, and was listed on the Shanghai Stock Exchange in January 2009 under the cover of Hainan Xingye Polyester Co., Ltd. Guangdong Rare Earth Industry Group Co., Ltd. is the controlling shareholder of the company. In January 2024, the State Council's State-owned Assets Supervision and Administration Commission approved the transfer of 100% of Guangdong Rare Earth Group's shares held by Guangsheng Group to China Rare Earth Group free of charge. The company is the only legal mining enterprise for rare earth resources in Guangdong Province. The company is mainly engaged in rare earth mining, smelting and separation, deep processing and non-ferrous metals trading. The products produced by the company include rare earth concentrates, mixed rare earths, rare earth oxides, rare earth permanent magnetic materials, etc. Corporate Glory: In 2022, the company won three awards: the 6th China Excellent IR “Best Investor Relations Project” and “Best Capital Market Communication” and the “Golden Bull Award-Investor Relations Management Award” issued by the China Securities Journal.