Yongzhou Lingling Farda Hi Materials Co., LTD. (Lingling Yuanda) was established in December 2013, located in Huangtianpu Village, Huangtianpu Town, Lingling District, Yongzhou City. With a registered capital of 90 million Yuan, it covers an area of 120,000 ㎡ and the land area on the real estate ownership certificate is 95819.14 ㎡. In 2015, Yongzhou Environmental Protection Bureau authorized environmental protection project of our company, including the annual production output of 10,000 tons of zirconia powder production line, 5 million sets of zirconia tools and 1000 tons of gemstone zirconia. In 2017, our production ability was expanded to the annual output of 15,400 tons of zirconium chloride, 1,500 tons of enriched rare earth chloride, 570 tons of gold ore, 570 tons of anskite and 2,600 tons of sodium dium phosphate. At present, the production line of our company mainly includes the processing of monazite and the production of enriched in rare earth chloride and triodium phosphate. We import zirconium sand associated ore, and then selected it through the domestic processing plant. Finally, it is used for processing and producing enriched rare earth chloride and triodium phosphate. In 2017, our company passed the first batch of National High-Tech Enterprise Certification in Hunan Province. And it has obtained three invention patents and six utility model patents. In August 2018, it obtained three standard certifications of ISO. Bedsides, our company has registered trademark Farda, and the domain names of farda.com.cn and farda.cn. Also, it has obtained certifications of ISO, Environmental Management System, Occupational Health and Safety Management System for our products, including basic zirconium chloride, mixed rare earth chloride and sodium phosphate. As an overseas rare earth mine, the monazite mine has high content of rare earth, and the proportion of praseodymium is much higher than that in northern rare earth mine and Sichuan mine. It is valuable and of high utilization. Our company uses imported zirconium sand with associated mine to produce rare earth chloride. After three years of construction, the factory has put into production in 2016. Now it has 190 employees and paid national tax revenue of 42 million Yuan. On September 26, 2017, our company signed the annual import contract of 12,000 tons Monazite with Russian Rare Earth Technology Co., Ltd. On July 11, 2018 and January 22, 2020, we renewed the annual import contract with Russian Rare Earth Technology Co., Ltd. Due to the requirements of transportation qualification in Russian, our company signed an exclusive transportation contract with CGN Uranium Industry Logistics (Beijing) Co., Ltd on September 10, 2018. On October 15, 2017, our company also signed a military-civilian integration strategic cooperation with Inner Mongolia Aerospace Hongxia Chemical Co., Ltd. On September 23, 2019, we signed a purchase contract for 15,000 tons of mixed rare earth chloride, which worth 450 million Yuan. On January 13, 2018, we signed a cooperation agreement on the comprehensive recovery and utilization project of coastal sand resources with Hunan Rare Earth Industry Group Co., LTD. On May 24, 2018, we signed a comprehensive strategic cooperation agreement with Guangdong Rare Earth Industry Group Co., LTD. In January 2019, we signed the agreement with Minmetals Rare Earth Group Co., Ltd. On May 12, 2019, we signed a purchase contract for 100,000 tons of ore with HTE Heavy Mining Company, and we have got the Australian federal export license on August 2. On June 17, 2020, we signed an intention agreement of 36,000 tons with Russian Rare Earth Technology Co., LTD. On April 3, 2020, our company was listed as the first batch of associated radioactive mine development and utilization enterprises in Hunan Province. In 2020, our company was in the eighth batch of public list of new materials enterprises in Hunan Province. On September 1, 2020, our company was in the first batch of key "People join the army" enterprises in Hunan Province. On December 1, 2021, we signed a cooperation framework with China Rare Earth Group and Hunan Rare Earth Group, preparing to build Hunan Rare Earth Industrial Park. The project covers an area of 1,800 mu and we have introduced more than 10 upstream and downstream enterprises we have cooperated, including lithium battery projects, rare earth new materials projects, etc.