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As a company with a growing international presence, SPCC MINING fully recognizes the importance of sustainable development in its access to resources, markets, and financing. In recent years, international and Chinese stakeholders' expectations of sustainability-related issues have also been evolving, and we face a combination of increasingly high expectations and strict regulatory requirements on matters including the environment, tailings, health and safety, and contractor management. In 2022, we updated our ESG strategy to take account of these changing expectations and regulatory requirements.