The National Association of Financial Market Institutional Investors (NAFMII) recently released the Rules and Procedures for the Registration of Debt Financing Instruments of Non-Financial Enterprises for Public Issuance (2020 Edition), and CNBM Ltd. has been selected as one of the first batch of Type I mature enterprises (TDFI enterprises), indicating that the company has been widely recognized by the bond market and its visibility has been further enhanced. The issuance efficiency of the company's future debt financing instruments will be further improved, financing cost will be further reduced and debt structure will be further optimized, providing a strong guarantee for CNBM Group's high-quality development and facilitating the realization of the group's strategic goals.