Sichuan Jinding: Intends to raise no more than 503 million yuan for Luoyang Jinding Environmental Protection Building Materials Industry Project, etc.

Sichuan Jinding announced on February 16 that the company intends to issue no more than 104 million shares to Luoyang Junying, the controlling shareholder of the company, at a price of 480 yuan per share, and is expected to raise no more than 503 million yuan for the project of Luoyang Jinding Environmental Protection Building Materials Industry Base, the construction project of Jinding Shunming Waste Rock (Tailings) Comprehensive Utilization Production Line and supplementary liquidity.

On February 9, the project of Jinding Environmental Protection Building Material Industry Base in Luoyang held a commencement ceremony. It is reported that Luoyang Jinding Building Material Environmental Protection Industry Base is the first project invested and constructed by Sichuan Jinding Group in Luoyang City, marking a landmark step in the strategic layout of Sichuan Jinding Group from Sichuan to Henan and taking root in Luoyang. The planned land area of the

project is 427.14 mu, including 197.12 mu for the first phase and 230.02 mu for the second phase. The first phase plans to invest 320 million yuan to build three double 240 concrete mixing stations, a solid waste recycling station, a small sewage treatment station, an intermediate aggregate pretreatment line, a substation and supporting living and office areas, a supporting pipe network in the factory area, and a national road network. The second phase plans to build raw material production line, commercial concrete production line, large PC prefabricated parts production line and supporting facilities. After the

project is completed and put into operation, it will provide a wide range of employment opportunities, effectively stimulate the economic development of the western part of Luoyang City, eliminate backward production capacity, eliminate polluting enterprises, and drive investment in related environmental protection building materials industry, form a high-standard, whole industry chain green environmental protection building materials cluster in the region, and build the environmental protection building materials industry chain in the western part of Luoyang City.