On December 31, Glonghui reported that Hainan Mining (601969.SH) announced that in order to improve the efficiency of the company's own capital utilization, reasonably use idle funds, and increase the company's revenue, while maintaining the normal Operation of its main Business, the company plans to propose to the Shareholders' meeting to authorize the company's management to decide on the company's and the consolidated financial statements' scope of subsidiaries to use no more than 0.1 billion yuan of its own funds for securities investments, conducting securities (including Stocks, Funds, Bonds, etc.) secondary market Trades in securities trading venues. Within the above limit, the funds used for securities investments can be reused. The authorization is valid for 12 months from the date of approval by the Shareholders' meeting.