Oino Mining

Jinchuan Aoinuo Mining Co., Ltd. is the company's holding company. It was established in August 2006 and is located in Jinchuan County, Aba Prefecture, Sichuan, with a registered capital of 190 million yuan. It is an enterprise focusing on resource investment and mining and processing of mineral products. The development of Oino Mining has received strong support from the local government. Oyino Mining currently owns the mining right of Yelonggou spodumene mine in Jinchuan County, Sichuan Province and the exploration right of Taiyanghekou lithium polymetallic mine in Jinchuan County, Sichuan Province. Yelonggou spodumene mine was put into production in November 2019, with a production scale of 405000 tons/year and a mining area of 4.3697 square kilometers. The latest exploration volume of Yilonggou spodumene mine is 8.579 million tons, containing 111,451 tons of Li2O resources (average grade 1.3). Yilonggou spodumene mine is still continuing to carry out supplementary production exploration to expand the scale of mining resources. The exploration area of Taiyanghekou lithium polymetallic ore is 12.99 square kilometers. Three lithium ore (chemical) bodies and eight granite pegmatite veins have been found, which has good prospecting prospects. At present, the solar estuary lithium polymetallic ore is still in the exploration stage.
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Hui Rong Mining (equity participation)

Shengtun Lithium, a wholly-owned subsidiary of the company, currently has a total stake in Huitong Mining of 25.19. Hui Rong Mining has the right to prospecting for wood velvet lithium ore in Yajiang County. By the end of December 2020, a total of 39.436 million tons of ore resources have been obtained (proven + controlled + inferred) for the I and II orebodies in the prospecting right, 642,854 tons of Li2O, with an average Li2O grade of 1.63. The scale of Li2O resources is large, with beryllium, tantalum and rubidium deposits associated, niobium deposits associated with small deposits and Cida deposits associated with medium deposits.
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African Mine-Sabi Star Lithium Mine

The Sabi Star Lithium Tantalum Mine Project is located in the Sabi Star Mining Area in East Mashonaland Province, Zimbabwe. The straight distance from the north west to Harare, the capital of Zimbabwe, is 180 kilometers and the road distance is 240 kilometers. The straight distance from the mining area to the nearest port, Beira Port, Mozambique, is about 300km, and the road distance is about 360km. The Sabisin Lithium Tantalum Project has a total of 40 mining licenses for rare metal ore blocks with a total area of 2,637 hectares. Five mining rights blocks have been proven, with an average Li2O grade of 1.98 per cent, and the other 35 mining rights are planned to be explored simultaneously. According to the preliminary plan, the designed raw ore production scale of Sabixing lithium tantalum mine project is 900000 tons/year, equivalent to about 200000 tons of lithium concentrate, which is expected to be completed and put into operation by the end of 2022.
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South American Salt Lake

The company jointly operates the Argentina SDLA project through SESA Argentina, which currently has a capacity of 2,500 tons of lithium carbonate equivalent, and is actively promoting the expansion of the project and continuing to seek new high-quality salt lake projects in Argentina.
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Zhiyuan Lithium Industry

Sichuan Zhiyuan Lithium Industry Co., Ltd., a wholly-owned subsidiary of the company, was established in March 2015. It is located in Mianzhu Dea Ecological Economic Industrial Park, Deyang City, Sichuan Province, with a registered capital of 500 million yuan. It is one of the key local enterprises supporting development. The company integrates the research and development, production and sales of lithium salt series products, and aspires to become the world's leading lithium battery new energy materials enterprise. The company has a total planned production capacity of 42000 tons (25000 tons of lithium carbonate, 15000 tons of lithium hydroxide and 2000 tons of lithium chloride), and has completed all production capacity by the end of 2020.
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Suining Shengxin Lithium Industry

Suining Shengxin Lithium Industry Co., Ltd., a holding subsidiary of the company, was established in July 2019 and is located in the Lithium High-tech Industrial Park of Shehong Economic Development Zone, Sichuan, with a registered capital of 250 million yuan. It is a lithium-ion new material manufacturer integrating the research and development, production and sales of lithium hydroxide series products, and is listed as one of the key support enterprises for local industrial development. Suining Sheng's new design capacity is 30000 tons of lithium salt per year, which was completed and put into operation in January 2022.
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