Yinyi Indonesia Mineral Investment Group Co., Ltd. was established in October 2010 and is a wholly-owned subsidiary of Yinyi Group in Indonesia. In accordance with the global resource strategy investment deployment, Yinyi Group launched a mineral resource project in Indonesia, taking the development of nickel ore resources as a key project, and carrying out mine exploration, mining rights acquisition, ore mining and trading. The company is headquartered in the capital of Jakarta, the mining area The office is located in Kendari City, Sulawesi Province. After Indonesia promulgated the ban on mining in 2014, Indonesian companies focused on investing in the construction of nickel (iron) smelting plants. At the beginning of 2016, according to the adjustment of Yinyi Group's overseas business strategy, the Indonesian company transferred the domestic cold rolled steel production line to Indonesia and the development of real estate projects in Jakarta into the company's future development goals. In the future, Yinyi Indonesia Minerals Investment Group Co., Ltd. will become a nickel mine. A comprehensive investment company integrating mining and smelting, cold-rolled steel sheet, and real estate development. At present, Yinyi Indonesia Company is mainly composed of five major departments: Project Development Department, Geological Survey Department, Smelting Preparation Department, General Office, and Financial Management Department. The Project Development Department is responsible for collecting and sorting out mine information and business negotiations related to acquisitions; Geological Prospecting Department Have professional laterite nickel mine geological survey personnel, familiar with the mining operation mode and mine distribution in Indonesia, and specialize in the geological survey and resource reserve assessment of the target nickel mine; the smelting preparation department is mainly responsible for the planning and preparation of the smelter, and has fire Various professional teams such as French smelting, wet hair smelting, power generation, sulfur-burning sulphuric acid production, etc., have professional laboratories and laboratories in Kendari. The company currently has 30 employees, including 15 Chinese employees and 15 Indonesian employees. Yinyi Indonesia is committed to the acquisition and development of nickel mineral rights with good comprehensive conditions. According to the obtained mining exploration data, the fire method, the wet method or the fire-wet combined method are used to calculate the economic benefits and carry out feasibility studies. And choose the best economical process plan to build a smelter. The company plans to complete the control of one or two nickel ore resources by the end of 2016 and carry out the preliminary planning of the smelting project. In the next three to five years, the construction of the smelter will be completed and put into production and operation. The target city of the company's real estate project is Jakarta, and is currently doing preliminary information collection and market research, looking for partners. The cold-rolled sheet project has completed the preliminary market research and is currently in the process of project site selection and cooperation negotiations. The total investment of the project is 150 million US dollars. The products are mainly colored steel tiles and galvanized sheet. Most of the gaps in the rolled plate market have created good income for the group company.

Registered in Jakarta in Oct,2010,with registered capital of 30 million dollars, Aiming at development of nickel resources by means of mine M&A, the company is composed of Project Dept, Plant Prepare Dept, Survey Dept. Smelting plant is the first priority . Project Dept: in charge of mine M&A , information gathering, and commercial negotiation Survey Dept: responsible for geological survey, reserves estimation. Smelting Plant Dept: President director Xiong Xuqiang in person as the team leader, integrated with hydrometallurgical team, hydrometallurgical team, thermal power team, sulfuric acid production team, and Kendari Lab to prepare for construction of smelting plant. Investment Planning The target of Yinyi Group in Indonesia is to acquire nickel project, with assurance of nickel resources, Yinyi Group will build the smelter and develop its downstream industries in Indonesia. Processing Technology：According to characteristics of laterite- nickel- ore and adopting hydrometallurgy 、pyrometallurgy respectively or combination of two methods by means of economic results calculation to set up the optimum smelting plant.