On August 11, the announcement of Altay Nature in Xinjiang showed that. Altay Hesheng Mining Co., Ltd. , a wholly-owned subsidiary of Hesheng Silicon Industry, won the mining right of "North Natural Quartz Sand Mine Survey in Muhuerdai District I, Jimunai County, Xinjiang" with 909 million yuan . The initial listing price of the natural quartz sand is 64 million yuan, covering an area of 9.1 square kilometers. The proposed transfer period is 2 years. The payment time is August 25, 2023. The payment method is installment payment. The publicity period is from August 11 to August 24, 2023.

Data show that on July 17, Altay Hesheng Mining Co., Ltd. won the "Natural Quartz Sand Mine in Muhuerdai District II, Jimunai County, Xinjiang" for 1.99 billion yuan , which covers an area of 15.84 square kilometers. It is inferred that the natural quartz sand resource is 58.464 million tons, the proposed transfer period is 20.3 years, and the final transaction is 1.99 billion yuan.
Unlike the "Natural Quartz Sand Mine in Muhuerdai Area II of Jimunai County", the "North Natural Quartz Sand Mine in Muhuerdai Area I of Jimunai County" is the exploration right in the general survey stage, while the former is the mining right.
Altay Hesheng Mining Co., Ltd. invested 2.899 billion yuan to acquire two natural quartz sand mines in the north and II districts of Muhuerdai District I, Jimunai County, Altay Prefecture.
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