JCHX: Subsidiary renews contract for underground mining exploration and production in the Democratic Republic of the Congo

JCHX announced that its subsidiary in the Democratic Republic of the Congo, Jinke Construction Co., Ltd., has renewed the underground mining development and production excavation contract with Kinsenda Copper Company, with a contract amount expected to be USD 52.98 million. This contract is a routine operational contract and will have a certain impact on the company's performance, benefiting the future business development of the company. However, there are risks associated with the performance of the contract due to changes in the operational conditions of both parties that may lead to a loss of performance capability, as well as the impact of unpredictable factors such as market conditions, politics, religion, community relations, environmental protection, and industry regulatory policies