[Longbai Group: with Open Source Mining to set up a joint venture company in Tanzania on a hard rock lithium exploration right] Longbai Group announced that in order to integrate domestic and foreign mineral resources such as titanium, zirconium, graphite, lithium and increase the self-sufficiency rate of raw materials, the company and Henan Yukuang Open Source Mining Co., Ltd. plan to set up a joint venture company in the United Republic of Tanzania (subject to the industrial and commercial approval and registration of Tanzania). Cooperation on a hard rock lithium exploration right held by Henan Asian-African Geological Engineering (Tanzania) Co., Ltd. ("Asian-African Geology"), an offshore subsidiary of Open Source Mining, in the province of Dorma, Tanzania.