Hainan Mining adheres to the philosophy of green and low-carbon development, having established a comprehensive environmental management system covering environmental stewardship, pollution prevention, resource utilization, ecological restoration, and climate governance. Green development principles are integrated into every aspect of production and operations, with system development, accountability implementation, and closed-loop management ensuring effective ecological and environmental protection outcomes. The Company continually refines its environmental management policies and strengthens the prevention and control of environmental risks at the source to ensure compliant, green, and safe production operations.
We have incorporated China's "Dual Carbon" goals into its overall development strategy, systematically identifying climate-related risks and opportunities to drive the deep integration of low-carbon transition and business growth. In 2025, the Company completed a comprehensive inventory of Scope 1 and Scope 2 greenhouse gas emissions and established a carbon accounting management system. Hainan Mining has set a clear emission reduction target: using 2024 as the baseline year, to achieve a reduction of no less than 10% in Scope 1 and Scope 2 carbon emission intensity per RMB 10,000 of revenue by 2030. Through measures such as distributed photovoltaic power generation, process energy-saving retrofits, clean energy substitution, and green electricity procurement, the Company is steadily advancing the low-carbon transition across the entire value chain and making consistent progress toward its carbon intensity management targets.


We have established a sound organizational structure and policy framework for environmental management, rigorously implementing requirements for pollutant discharge permits, self-monitoring of pollution sources, and the operation of environmental protection facilities. An integrated prevention and control mechanism encompassing environmental risk identification, hazard investigation, and emergency response has been established to ensure that environmental risks are manageable and operations remain fully compliant. In 2025, the Company's total environmental protection investment amounted to RMB 30.8847 million, primarily allocated to fugitive dust control, pollutant monitoring, soil remediation, hazardous waste disposal, water treatment facility operation and maintenance, and the operation of dust removal and wastewater treatment systems. Concurrently, the Company routinely conducts environmental protection training and awareness campaigns to enhance environmental consciousness among all employees and foster a culture of green and low-carbon operations.
We strictly adhere to pollutant emission standards. Through process optimization, equipment upgrades, and facility retrofits, the Company ensures standardized management and compliant discharge of air emissions, wastewater, noise, and solid waste across all processes. A dedicated management system for tailings storage facilities has been established to ensure safe and stable operation. The Shilu Branch is advancing the implementation of magnetization roasting technology; once operational, this project is expected to reduce annual tailings discharge by approximately 600,000 tonnes. Concurrently, key facilities such as the tailings storage facility are managed to high standards, with regular technical assessments including safety status evaluations, dam stability analyses, and flood routing calculations. The facility is also equipped with a comprehensive online monitoring system (tracking indicators such as dam displacement, phreatic line level, and water quality) to ensure continuous compliance with safe production and environmental protection regulations.
Guided by principles of energy conservation, consumption reduction, circular utilization, and efficiency enhancement, the Company continuously optimizes the efficiency of energy, water resources, and raw material usage. In energy management, the Company has refined its policy framework and obtained ISO 50001 Energy Management System certification, promoting energy-saving retrofits, new energy vehicle adoption, and green electricity usage to enhance energy efficiency. In water resource management, the Company formally entered into a "Cooperation Agreement on the Utilization of Reclaimed Water Resources" with Changjiang Water Affairs Investment and Development Co., Ltd. Under this agreement, Changjiang Water Affairs will invest in the construction of a reclaimed water supply project to provide reclaimed water meeting national and company-specific quality standards for production operations at the Shilu Iron Mine. This initiative facilitates the substitution of reclaimed water for production purposes in the mining area and contributes to the achievement of sustainable regional water management objectives.
We strictly comply with ecological conservation redline regulations, and none of its production operations are located within designated ecological conservation redline zones. The Company continues to advance mine site ecological restoration and revegetation efforts. The Shilu Branch has established a dedicated greening team to carry out routine vegetation restoration activities. As of the end of 2025, the Company has cumulatively planted 3,644,300 trees, restored a total ecological area of 3,840,700 square meters, and invested a total of RMB 168.4 million in ecological governance. In 2025, Roc Oil took the initiative to implement a fishery resources ecological compensation program, achieving coordinated development between oil and gas operations and regional fishery resource conservation through scientific assessment and ecological restoration measures.
