Rare Earth Magnesium Technology Group Holdings Limited (Hong Kong SAR, China)

Rare Earth Magnesium Technology Group Holdings Limited (stock code: 00601), also known as Rare Earth Magnesium Technology or the Group, is a subsidiary of Century Sunshine Group Holdings Limited (stock code: 00509) in Hong Kong. The Group's main business is the research, development, production, and sales of new material magnesium alloy products. The products from the Group's magnesium production base have obtained ISO9001 certification, and the production base in Xinjiang has been recognized as a "high-tech enterprise" by the national government, indicating the market recognition of the Group's product quality and leading technological advantages. In order to promote the development of emerging strategic industries and lay a solid foundation for building a modern new material enterprise, the Group possesses multiple patents for magnesium alloy production processes and preparation methods, as well as high-quality and abundant reserves of dolomite mineral resources. This has formed an industry chain that links independent supply of raw materials with downstream magnesium product production capabilities. The Group fully utilizes advanced and mature magnesium industry technologies and equipment in China, taking advantage of energy-saving, environmentally friendly, high-quality, and efficient processes. Through technological innovation and driving innovation, the Group continuously accumulates new momentum for high-quality development, enhances its core competitiveness, achieves modernization of production technology, promotes industrialization of scientific and technological achievements, and aims to lead the new era of high-tech development in the magnesium industry.