Xiaocheng Technology: Q1 gold output decreased mainly due to equipment maintenance and repairs leading to lower production

FGM mining area construction is a key project for the company, and the construction schedule is comprehensively affected by multiple factors such as the local overseas construction environment, land acquisition for the tailings pond, and the complexity of underground mining engineering. At present, all preparations for the FGM processing plant before trial production have basically been completed, and the company is making every effort to push forward the remaining construction work, striving for the project to officially start production as soon as possible. Gold reserve exploration is progressing normally, and any new developments will be announced by the company in a timely manner.