Tongyu Heavy Industry Co., Ltd.
Investor Relations
Hello, two questions: (1) What is the progress of the company's acquisition of gold mines into mineral investment? (2) Does the company intend to enter the field of 3D printing, such as the related cooperative research 3D printing to manufacture large for
Hello, regarding the first question, the exploration rights obtained by the company in Gansu Province have been publicized, and we will apply for relevant warrants as soon as possible. In view of the local piracy and mining practices, the company has set up a mine protection team to combat theft, and achieved good results, we will speed up the development process. The company's acquisition of two exploration rights of the Shandong Institute of Physical and Chemical Exploration has been published on the website of the Ministry of Land and Resources. The company will handle the change of ownership and the in-depth development of exploration rights as soon as possible. Regarding the second question, the company has been paying close attention to the development trend of 3D printing technology since last year. We also have in-depth communication with industry experts at home and abroad. They believe that 3D printing technology cannot completely replace the production of large castings and forgings, and it can show the advantages and features of 3D printing in the manufacture of some complex and special shaped products. We always pay close attention to products and technologies that may replace traditional casting and forging production methods and take countermeasures. Thanks for attention.
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