On December 24, 2021, the award ceremony of the “11th Reputation List of Chinese Listed Companies 2021”, sponsored by National Business Daily, was grandly held. Pengxin Mining, as a rising star in the new energy industry, won the award of the “Best Growing Listed Company in the New Energy and New Materials Industry” with its well strategic guidance and forward-looking layout in the field of new energy.

Sponsored by National Business Daily, the “Reputation List of Chinese Listed Companies” has been successfully held for ten sessions since 2011. With its good credibility and influence, the “Reputation List of Chinese Listed Companies” has become one of the important activities with far-reaching influence in the industry. Nearly 4,000 listed companies were nominated online in this year’s list selection activity, and the award winner list of 14 top lists finally came out through four stages of “big data screening”, “data model screening” and “public voting + professional jury voting”. The award winner list covers not only the most outstanding companies in China’s capital market at present, but also bears the main force of economic transformation and development in the future.

Awarding the “Best Growing Listed Company in the New Energy and New Materials Industry” reward to Pengxin Mining this time is a deep recognition of Pengxin Mining’s forward-looking value in the new energy and new materials industry. The company officially laid out its new energy upstream nickel and cobalt business through equity participation in CleanTeQ Company in Australia in 2017; and invested in the construction of a cobalt hydroxide production line with an annual capacity of 7,000 tons of cobalt metal in the DRC, wherein the first phase has been officially put into operation in December 2020. In 2021, Pengxin Mining accelerated its diversified business layout in the field of new energy. The company increased its capital investment in Litai Lithium Energy with RMB 75 million Yuan of its own capita in August 2021, thereby conducting its in-depth layout in the new technical route of lithium ferro manganese phosphate cathode battery materials. Furthermore, in September 2021, the company established a joint venture with Runzhong International and concluded a joint venture agreement, marking the further extension of the company towards the front-end manganese resource industry chain.

In the future, the company will continue to adopt the strategy of industrial merger and acquisition which takes the copper and gold mine as the main business while simultaneously layout in new energy industry and focusing on cobalt, lithium, nickel, and other new materials, and make use of diversified investment methods to select high-quality resources at home and abroad for industry layout, so as to help the company become a leading enterprise in power, energy storage batteries and upstream materials and resources at home and abroad.