Shanjin International: The production and operation plan for 2026 is to produce a gold output of 7-8 tons, with other metals not lower than the output in 2025.

At the performance briefing, Shangjin International stated that the Osino project in Namibia is expected to start production in the first half of 2027, with an annual gold production capacity of 5 tons expected after reaching full production. The Namibia Osino project uses open-pit mining, with ore grading at 1.07g/t and a recovery rate of no less than 90%. The estimated all-in cost is about $1100/ounce to $1200/ounce. In 2026, the company's production and operating plan is to produce 7-8 tons of gold, not lower than the production level in 2025 for other metals.