Hunan Yuneng: Huangjiapo phosphate mine is expected to start mining in the fourth quarter of this year.

Regarding the progress of phosphate mining, Hunan Yuneng recently stated in an institutional conference call that since obtaining the mining rights certificate, the company has been orderly advancing mine construction. Currently, progress is relatively smooth, and the Huangjiapo phosphate mine is expected to start mining in the fourth quarter of this year. It will still need to go through a ramp-up period from mining to production, and the specific timeline will depend on the actual circumstances.