The Group owns the graphite mine with the largest reserve as a single mine – it has a proved reserve of 3.6 tons and a prospective reserve of 5.4 tons (accounting for more than 50% of all graphite reserves in China). Based in Beizhen City, Jinzhou, Guoce (Jinzhou) Graphite Technology Industrial Park is planned to cover a ground area of 10 square kilometers. Consisting of a mining, ore dressing, and smelting area and a graphite industrial area, the park is an important part of the national efforts to rejuvenate the old Industrialization Base in Northeast China and a significant measure for building a large and strong graphite industry, thus it has been listed as a “key project” of Liaoning Province by the province’s government. Upon completion, it will become a graphite industrial park focusing on graphite, covering the whole industry chain, and exerting international influence while it will promote the transformation of China from a large graphite country into a strong one.