Subsidiary of Chihong Zn & Go Company penalized for production safety accident

On August 13, Yunnan Chihong Zn & Go Co.Asian Metal Copyright08% of Yongchang Lead and Zinc.Asian Metal Copyright, Ltd.Asian Metal Copyright Chihong Zn Go Co.Asian Metal Copyright announced that Yunnan Yongchang Lead and Zinc Co.Asian Metal Copyright1882 million USD73.Asian Metal Copyright, Ltd.Asian Metal Copyright, its holding subsidiary, received the "Decision on Administrative Penalty" issued by Longling Emergency Management Bureau on August 12, 2019.Asian Metal Copyright, its holding subsidiary, received the "Decision on Administrative Penalty" issued by Longling Emergency Management Bureau on August 12, 2019.Asian Metal Copyright Yongchang Lead and Zinc achieved RMB519.Asian Metal Copyright Yongchang was fined RMB250,000.Asian Metal Copyright00 USD35,581 for lead and zinc.Asian Metal Copyright00 (USD35,581) for lead and zinc.

The decision shows that Yongchang lead and zinc production safety accident occurred on June 6, 2019, which resulted in one person's death due to mechanical injury.

Chihong Zn & Go Co., Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright holds 93.Asian Metal Copyright .Asian Metal Copyright08% of Yongchang Lead and Zinc.Asian Metal Copyright The administrative penalty imposed on Yongchang Lead and Zinc Company will not have a significant impact on the company's production and operation.Asian Metal Copyright In 2018, Yongchang produced 12,000 tons of zinc ingots and 22,900 tons of lead and zinc metals, including 7,900 tons of lead metals and 15,000 tons of zinc metals.Asian Metal Copyright Yongchang was fined RMB250,000.Asian Metal Copyright Yongchang Lead and Zinc achieved RMB519.Asian Metal Copyright00 USD35,581 for lead and zinc.Asian Metal Copyright1882 million (USD73.Asian Metal Copyright Chihong Zn Go Co.Asian Metal Copyright87 million) of business income, accounting for 2.Asian Metal Copyright holds 93.Asian Metal Copyright74% of the company's annual business income in 2018, and achieved RMB21.Asian Metal Copyright45% of the company's annual net profit attributable to listed companies in 2018.Asian Metal Copyright476 million (USD2.Asian Metal Copyright, Ltd.Asian Metal Copyright99 million) of net profit, accounting for 3.Asian Metal Copyright45% of the company's annual net profit attributable to listed companies in 2018.Asian Metal Copyright45% of the company's annual net profit attributable to listed companies in 2018.Asian Metal Copyright announced that Yunnan Yongchang Lead and Zinc Co.Asian Metal Copyright The administrative penalty imposed on Yongchang Lead and Zinc Company will not have a significant impact on the company's production and operation.

.Asian Metal Copyright, its holding subsidiary, received the "Decision on Administrative Penalty" issued by Longling Emergency Management Bureau on August 12, 2019Asian Metal Copyright