Hebei Wenfeng Industrial Group Co., Ltd., registered in January 2002 with a registered capital of 1.008 billion yuan, is located in the Caofeidian Area of the Hebei Free Trade Zone. Adhering to the entrepreneurial principles of a "two-seas strategy," circular economy, steel-aluminum integration, and green development, the group has evolved from a single steel sector into a large-scale multinational private enterprise group with diversified businesses including special steel, aluminum, comprehensive resource utilization, timber and port industries, overseas investment, and finance. As of the end of 2023, the group had 8,800 employees, total assets of 46 billion yuan, and operating revenue exceeding 40 billion yuan.

The group is committed to refining and strengthening its two main businesses: steel and aluminum.

I. High-Quality Special Steel Manufacturing Sector

① Tangshan Wenfeng Special Steel Co., Ltd., established in September 2007 with a registered capital of 1.87 billion yuan, is a high-end special steel enterprise with an annual production capacity of 5 million tons of iron, steel, and rolled steel. It is a leading enterprise in the Beijing-Tianjin-Hebei region for extra-thick steel plates and a special steel plate manufacturer in China with significant advantages in unit weight and thickness. The company's extra-thick steel plates and high-quality structural steel products, manufactured using multi-composite technologies, have been used in major national projects such as the Olympic venues, Xiong'an High-speed Railway Station, Daxing Airport, and the Beijing Subway.

② Tangshan Medium and Heavy Plate Co., Ltd., established in September 2004 with a registered capital of 1,006,402,900 yuan, is 49% owned by Wenfeng Group. It is a manufacturer with an annual production capacity of 6 million tons of medium and heavy plates and structural steel, and is considered a trendsetter in the plate market.

II. Aluminum Industry Sector:
① Hebei Wenfeng New Materials Co., Ltd., established in February 2020, commenced construction in November 2020 and officially went into production in March 2022. The total investment was 12.868 billion yuan, with an annual production capacity of 4.8 million tons of alumina and aluminum-based new materials. The company adopts internationally advanced technology, with comprehensive energy consumption and production costs lower than the industry average. It currently possesses leading single-line production capacity in China and is one of the pioneering enterprises in the integrated development of steel and aluminum.

② Hebei Wenfeng Steel & Aluminum Industry Co., Ltd., established in September 2022 with a registered capital of 2.57 billion yuan, is being constructed in two phases: three 1.3 million-ton multi-purpose aluminum-based new material production lines and related supporting facilities. The first phase, with an investment of 8.27 billion yuan, utilizes a high-temperature leaching + seed-based two-stage grading + two-stage decomposition process. The products are not only of high quality but also feature low production costs, low overall energy consumption, and a wider range of applications.

III. Overseas Ore Sector:

① Chilean Santino Mining

In March 2011, the group invested in and established Chilean Santino Mining Co., Ltd. in Chile. The mine has proven iron ore reserves of 500 million tons and will have an annual production capacity of 6 million tons. Starting November 14, 2020, Wenfeng Group began transporting mined overseas iron ore powder back to China, becoming one of the earliest private enterprises to import ore from Chile.

② Guinea Fenghua Industry

Guinea boasts the world's richest bauxite resources, and over 90% of the bauxite needed for Wenfeng Aluminum's base comes from Guinea. In 2022, with the commissioning of its new alumina production line, Wenfeng Group began developing bauxite resources in Guinea, establishing Guinea Fenghua Industry Co., Ltd. in July 2023.

③ Canadian Nickel Mining

Canadian Nickel Mining Co., Ltd., located in two renowned nickel mining areas in Canada, is a nickel company listed on the Toronto Stock Exchange and the Frankfurt Stock Exchange in Germany. The company expects an annual production of 360,000 tons of nickel ore and 28,080 tons of nickel concentrate. Resource reserves: over 100 million pounds of recoverable nickel reserves, 740 million pounds of nickel resources, and exploration rights covering 764 square kilometers.

IV. Resource Comprehensive Utilization Sector

Tangshan Wenfeng Resource Comprehensive Utilization Co., Ltd., established in March 2020, has a registered capital of 470 million yuan. The company relies on the adjacent Wenfeng Special Steel and Wenfeng New Materials facilities, covering a total area of 400,000 square meters. The project leverages complementary strengths in blast furnace gas and waste heat steam utilization, as well as comprehensive solid waste treatment. Its designed annual production capacityh