South Manganese Investment Limited (South Manganese) faced challenges in the first half of 2024, with a 25.9% decrease in revenue compared to the same period last year, to HKD 5733.3 million. The company's main business includes manganese ore mining and downstream processing, with the average selling price of electrolytic metal manganese products falling by 15.8%, and the gross margin also decreasing. Nevertheless, the company continues geological exploration work at the Bembélé manganese mine in Gabon and a capacity expansion project of 1,000,000 tons/year at the Daxin manganese mine. The company strictly adheres to safety and labor standards, and is committed to eco-friendly and social responsibility activities. As of June 30, 2024, the company has not purchased, redeemed, or sold any listed securities.

South Manganese Investment Limited (South Manganese) faced challenges in the first half of 2024, with a 25.9% decrease in revenue compared to the same period last year, to HKD 5733.3 million. The company's main business includes manganese ore mining and downstream processing, with the average selling price of electrolytic metal manganese products falling by 15.8%, and the gross margin also decreasing. Nevertheless, the company continues geological exploration work at the Bembélé manganese mine in Gabon and a capacity expansion project of 1,000,000 tons/year at the Daxin manganese mine. The company strictly adheres to safety and labor standards, and is committed to eco-friendly and social responsibility activities. As of June 30, 2024, the company has not purchased, redeemed, or sold any listed securities.