On December 3, Gelonghui reported that Hunan Corun New Energy (600478.SH) stated on the investor interaction platform that detailed exploration work has been completed for the Tong'an Mine and DANGtian Mine among the company's four mining areas, with a total reserve of approximately 7 million tons. Considering the higher lithium element content in the company's underground ores, the lithium equivalent reserve from the Tong'an and DANGtian mines is about 0.18 million tons. The detailed exploration work for the other two mining areas is speeding up. In the first half of 2024, the company will complete the transition between the new and old systems in the mining areas, and Wukuang Twenty-Third Metallurgy Construction Group will become the company's partner in mine development. The completion of this transition will further enhance the automation level of mining construction, effectively increasing ore production, safety levels, and mining efficiency. It is expected that the changes in the mining rights for the Tong'an mining area will be completed within the year, and efforts will be made to promote capacity enhancement construction work and the progress of various business activities in the other three mining areas to meet the raw material needs for lithium carbonate business.