YUEGUI's subsidiary participates in the bidding for the mining rights of the Lianzhou anti-backwash quartzite mine
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YUEGUI's wholly-owned subsidiary, Jingyuan Mining, participated in the bidding for the mining rights of the Lianzhou anti-backwash quartzite mine through the Qingyuan Public Resource Trading Platform on September 24, 2025, bidding CNY 222 million and receiving the "Bidding Result Notification." The mining area is located in Lianzhou City, Guangdong Province, covering approximately 665.3 acres, with a mining reserve of 18.163 million cubic meters
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