Rising Nonferrous NdFeB Permanent Magnetic Material Project Was Put Into Commissioning

Rising Nonferrous NdFeB Permanent Magnetic Material Project Was Put Into Commissioning

Guangdong Province key project---the commissioning ceremony of 8000-ton high-performance NdFeB permanent magnetic material project (Phase one) of Rising Nonferrous Shengyuan Co., Ltd. was held in New Material Industrial Park in Dongyuan County, Heyuan, Guangdong. This marks the official commissioning of the biggest high-end magnetic material production base in Guangdong. According to introduction, Shenyuan permanent magnetic project is located in New Material Industrial Park in Dongyuan County, Heyuan, Guangdong. With total investment of RMB 1.252 billion, the project is the key project in Guangdong and the key project in TOP 20 strategic industrial cluster New material industry. Kicked off on December, 30th, 2022, the project has two phases of constructions. After completion and after design production, the project will create an average annual income of approximately RMB 2.468 billion, total annual profit and tax of RMB 408 million and annual net profit of RMB 251 million. According to introduction, as the biggest high-end magnetic material production base in Guangdong, Shengyuan magnetic material project is a critical step in the deployments of Guangdong scientific development and application of rare earth resources, rare earth industry chain extending, product added value improving, and the promotion of synergy of innovation chain and industrial chain. The construction and production of the base will effectively mitigate the bottleneck of the capacity shortage of high-performance NdFeB permanent magnetic material in Guangdong, and construct a solid foundation of basic raw material for the improvement of competitiveness of strategic emerging industries in Guangdong.

Unit: metric ton

Name of province or cityProduction inMar. 2023Total outputJan.-Mar. 2023% Change2022-2023 Tianjin------ Hebei------ Shanxi12619389406.32 Inner-Mongolia696212006779.78 Liaoning111793136684.37 Jilin1190536079-9.87 Shanghai------ Jiangsu24075720276.77 Zhejiang5555016142718.37 Anhui1047433036266.47 Fujian82765196611-9.53 Jiangxi143305436923-0.03 Shandong823812152375.67 Henan533121738596.9 Hubei6900218320630.14 Hunan128515055534.82 Guangdong339757821088.87 Guangxi983852809329.63 Sichuan2643-39.96 Yunnan569651591918.53 Tibet428117856.41 Shaanxi5121274-31.21

Unit: metric ton

Name of province or cityProduction inMar. 2023Total outputJan.-Mar. 2023% Change2022-2023 Shanxi1002622984176.88 Inner-Mongolia53889515507133.56 Liaoning394221141533.81 Fujian5462178923.18 Shandong5943181881549-3.23 Henan1992195254869.56 Hubei675519592-2.1 Guangxi21674163819255.39 Chongqing394551232692.03 Sichuan74612214192-13.39 Guizhou93876278283-11.05 Yunnan28293594578912.88 Shaanxi726842300871.51 Gansu26619977384028.52 Qinghai219698674935-2.11 Ningxia11261432775810.5 Xinjiang50398714867933.01 Total output China3367499101022675.91

Unit: metric ton

Name of metalProduction inMar. 2023Total outputJan.-Mar. 2023% Change2022-2023 Copper1053607298959410.4 Aluminium3367499101022675.91 Lead763344216467916.22 Zinc64413317476115.43 Nickel------ Tin------ Antimony------ Mercury------ Magnesium------ Titanium------ Total China6275767182626438.98

Unit: metric ton

Name of province or cityProduction inMar. 2023Total outputJan.-Mar. 2023% Change2022-2023 Beijing392848-0.57 Tianjin5755513810238.83 Hebei17959403532.31 Shanxi ------ Inner-Mongolia------ Liaoning120613733622.53 Heilongjiang56529802-- Shanghai3968689786-1.44 Jiangsu276310691496-1.63 Zhejiang29831362512515.61 Anhui1745494775968.83 Fujian85242274511.55 Jiangxi4465951135028-12.73 Shandong43234980935.1 Henan90702219953-0.5 Hubei6719320670839.88 Hunan4707112536527.45 Guangdong2664666495125.68 Guangxi163796177292462.49 Chongqin389709874037.81 Sichuan356999543636.93 Guizhou526958-8.76 Yunnan2017038386-11.16 Shaanxi122924336030.28 Gansu6495516556131.77 Qinghai------ Ningxia3591-22.11 Xinjiang116601720492.4 Total output China220036352048777.75

Unit: metric ton

Name of province or cityProduction inMar. 2023Total outputJan.-Mar. 2023% Change2022-2023 Inner-Mongolia 3440592415-7.56 Liaoning73192008012.46 Jiangsu5415113706082.15 Anhui1897154787989.45 Jiangxi272508872631.56 Henan15096042973225.94 Hubei3663386368-12.44 Hunan90600389336-1.74 Guangdong1153527280213.56 Guangxi6719813003044.7 Chongqin3856165521.42 Guizhou155415131568.95 Yunnan34946877433.33 Shaanxi46941288243.04 Gansu16665374-8.28 Qinghai75042047738.77 Ningxia12308346631359.68 Total output China763344216467916.22

January – March 2023

Unit of AccountAs of This MonthSame Period in Previous YearYOY % Gold IncludedGold IncludedGold Included Number of Companies Company10354---- Total AssetsRMB1000000000055375505059.64 Average Balance of Current AssetsRMB10000000000300982653113.45 Accounts ReceivableRMB100000000005558491313.13 Manufactured InventoryRMB100000000002499209319.44 Total LiabilitiesRMB1000000000033872309799.34 Operating IncomeRMB1000000000010883108530.28 Operating CostRMB100000000001014498672.80 Operating ExpensesRMB100000000004855-12.49 Management ExpensesRMB100000000001651650.23 Financial ExpensesRMB1000000000086101-15.10 Total ProfitsRMB10000000000336581-42.10 Amount of Loss of Unprofitable CompaniesRMB100000000001137452.45 Number of Unprofitable CompaniesCompany3634312916.14 Asset-liability ratio%61.1761.34-0.17 Return on Assets%3.676.95-3.29 Profit Margin on Sales Revenue%3.095.36-2.26

IndicatorUnitMar. 2023Jan.--Mar. 2023 Change 2022-2023 Ore Grade Copper%0.590.590.59 Lead%2.262.242.31 Zinc%4.334.394.87 Nickel%11.021.03 Tin%0.610.590.66 Antimony%2.122.122.23 Tungsten%0.290.280.27 Molybdenum%0.090.090.1 Concentrate Grade Copper%21.3121.4421.93 Lead%58.8959.0659.58 Zinc%49.9349.6249.07 Nickel%6.886.736.99 Tin%39.1739.9540.98 Antimony%26.6726.7128.8 Tungsten%44.6443.8546.41 Molybdenum%50.9151.151.84 Recovery Rate of Mineral Processing Copper%87.0786.9886.75 Lead%86.8486.2685.04 Zinc%90.3190.389.04 Nickel%83.4483.6183.42 Tin%70.6669.570.1 Antimony%86.9185.2486.94 Tungsten%81.1279.2176.74 Molybdenum%87.5887.3287.25 Copper Total Recovery Rate of Copper Smelting%98.7598.7298.69 Recovery Rate of Refined Copper%99.699.699.56 Recovery Rate of Blister%99.1699.1699.19 Direct Current Consumption of Refined CopperkWh/ton312.37317314.44 Current Consumption of BlisterkWh/ton671.73672.11696.03 Coal Consumption of Blisterkg/ton92.3498.8136.16 Aluminum Comprehensive AC Power Consumption of AluminumkWh/ton13385.0313383.2313508.48 Direct Current Consumption of AluminumkWh/ton12740.2812756.7312804.37

IndicatorUnitMar. 2023Jan.--Mar. 2023 Change 2022-2023 Alumina Consumption of Aluminumkg/ton1905.831907.341910.72 Total Recovery Rate of Aluminakg/ton81.1381.1979.91 Soda consumption of Aluminakg/ton132.9133.75133.03 Lead Total Recovery Rate of Lead Smelting%97.3597.2297.4 Recovery Rate of Lead Bullion%98.498.498.38 Coal Consumption of Lead Bullionkg/ton404.15404.84457.15 Direct Current Consumption of Refined LeadkWh/ton121.84118.25118.56 Zinc Total Recovery Rate of Refined Zinc%96.9696.8896.61 Direct Current Consumption of Refined ZinckWh/ton3065.063073.63059.43 Tin Total Recovery Rate of Tin Smelting%98.1998.1998.15 Direct Current Consumption of Tin SmeltingkWh/ton2247.892058.62306.64 Coal Consumption of Tin Smeltingkg/ton1300.321256.991217.26 Nickel Total Recovery Rate of Nickel Smelting%94.4794.2894.28 Antimony Total Recovery Rate of Antimony Smelting%96.8797.2197.67 Direct Current Consumption of Antimony SmeltingkWh/ton647.68641.07658.46 Yield of Processed Material Rate of Total Copper Products%84.0783.9481.58 Copper Melting %96.3796.5195.91 Copper Processing Products%87.5387.2885.01 Rate of Total Aluminum Products%68.6267.5769.85 Aluminum Melting%88.5188.2889.63 Aluminum Processing Products%74.0873.9476.69

Unit: metric ton

Name of province Production inMar. 2023Total outputJan.-Mar. 2023% Change2022-2023 Shanxi15613504500873-7.7 Inner-Mongolia1184234644-66.39 Shandong2327718717379416.43 Henan7694292029954-20.74 Guangxi1147885336725517.28 Chongqing3595191082524248.91 Sichuan46379904-27.92 Guizhou4900981201831-7.3 Yunnan132709367327-4.04 Total output China6812459197841436.3

Name of province or cityProduction inMar. 2023Total outputJan.-Mar. 2023% Change2022-2023 Tianjin------ Hebei50241269912.11 Shanxi1231523677665.64 Inner-Mongolia71018820363902.8 Liaoning9184726164110.76 Jilin1206436322-9.9 Heilongjiang 149284695013.22 Jiangsu8026621605838.06 Zhejiang6367418213022.76 Anhui3018828052378.08 Fujian90850222150-7.59 Jiangxi1926325840022.76 Shandong6859672151011-2.48 Henan457055126988716.44 Hubei11490129555011.28 Hunan201704692793-2.35 Guangdong7486418953151.01 Guangxi452991123879433.94 Chongqin463951489594.53 Sichuan1578564345608.45 Guizhou121568357781-4.32 Yunnan561074170687413.2 Tibet428117856.41 Shaanxi177507526433-0.4 Gansu419629122305426.14 Qinghai2571577808730.67 Ningxia13715540155225.51 Xinjiang72301020724689.16 Total output China6275767182626438.98

Unit: metric ton

Name of provinceProduction inMar. 2023Total outputJan.-Mar. 2023% Change2022-2023 Hebei42471087917.99 Inner-Mongolia53400153850-3.23 Liaoning2306767828-4.15 Jiangsu103027272.1 Zhejiang19583599-22.15 Anhui7424228131.73 Fujian98385-3.8 Jiangxi1243836587-0.88 Henan4959112962232.99 Hubei------ Hunan80723211263-6.85 Guangdong26601781947 Guangxi6170517056916.93 Sichuan5183812465713.79 Guizhou7313186037.65 Yunnan14240236662913.04 Shaanxi50597140462-9.26 Gansu37849121071-1.34 Qinghai12367378245.59 Ningxia209339930.93 Total output China64413317476115.43