Yinman Mining Resumes Operations After Safety Accident Investigation

The mining area of Yinman Mining, which had suspended production due to a safety accident, resumed operations on April 16, 2025.

Xingye Silver-Tin announced that the mining area of its wholly-owned subsidiary, Yinman Mining, which had halted production due to a safety accident, resumed operations on April 16, 2025. Previously, on March 9, 2025, a safety accident occurred during preparatory mining operations at Yinman Mining, resulting in one fatality. Following the accident, Yinman Mining suspended production in the mining area and conducted self-inspections on safety production, implementing corrective measures. On April 15, 2025, the Inner Mongolia Autonomous Region Mine Safety Supervision Bureau approved the resumption of production for certain projects in the Baiyinchagan Dongshan mining area of Yinman Mining. This accident did not have a significant adverse impact on the company's production and operations. The company will strengthen safety management to ensure safe production.