On April 16, 2018 of Zambian time, the donation ceremony for hemodialysis medical equipment donated by
CCS funded by our Company was held in SinoZam Friendship Hospital. The Chairman of the Board of Directors Mr. Tao Xinghu attended the donation ceremony and made a speech. The ceremony was presided by Wang Zhiwei, the Deputy General Manager of Zambia-China Economic and Trade Cooperation Zone (hereinafter referred to as Economic and Trade Cooperation Zone).

On April 10, 2018, Chambishi Copper Smelting anode furnace system, invested by the company and located in Zambia, successfully poured the first batch of anode copper plate, with specification of 1,000×970×47mm, single weight of 400kg and grade above 99%, which increased new types of the company’s products based on original blister copper and sulfuric acid, and it is an important measure of the company to greatly improve the market competitiveness of its products and continuously enhance operation performance.

The Chairman of the Board of Directors Mr. Tao Xinghu went to Presidential Palace of Zambia and made an official visit to His Excellency Mr Edgar Lungu, the President of Zambia on Zambian time of March 21, 2018.

Lualaba Copper Smelting Limited Liability Company (hereinafter referred to as LCS) held a grand mobilization ceremony for the crude copper smelting project with a processing capacity of 400,000 tons of (dry) copper ore concentrates on the project construction site in the suburb of Lualaba, Democratic Republic of the Congo, which blew the horn for constructing the first large-scale modern crude copper smelting project with the world advanced technologies.