SUCCESSFUL STARTUP OF SINOMA (SUZHOU) INDONESIA MOROWALI OPERATION & MAINTENANCE PROJECT FOR LIMESTONE MINING

On 31st October, Sinoma (Suzhou) Indonesia Morowali Operation & Maintenance Project for Limestone Mining was successfully started.

The project handover ceremony was held on Morowali Project site, with the present members of Mr. Chen Deming, the shareholder of PT RUN BANG INDONESIA, Mr. Li Xiaowei, the Project Manager of Sinoma (Suzhou) and all the Project Team. Mr. Li Xiaowei addressed on the ceremony that the project team will insist the service principles of considerate and timely manner with high quality and high efficiency, cooperation for win-win and execution thoroughly, take the full advantages of strong technical strengths and resource assurances of Sinoma, and implement the mining operation & maintenance in the manner of high efficiency and high quality, so as to achieve the win-win of client satisfaction and project profit.

The project is the project of annual mining and processing of 3 million tons of limestone signed between Sinoma Indonesia subsidiary corporation and PT RUN BANG INDONESIA, which located in Morowali of City of Palu of Central Sulawesi Province in Indonesia. The project works involve the mining, limestone crushing, processing, washing, waste soil discharging. Since the first batch of project personnel mobilized to site on September 8th, 2024, the Sinoma Indonesia subsidiary corporation and the Project Department closely cooperated and overcomed multiple challenges of equipment mobilization, personnel allocation and environmental adaptation with the achievements of all new-added equipment moblized to site on October 29th through careful preparation and scientific organization, which layed solid foundation for full implementation of mining operation & maintenance.

The successful startup of project marked the successful business expansion of mining operation & maintenance in Indonesia region. The Sinoma Indonesia subsidiary corporation and the Project Department will continue in promoting the spirit of practicability, innovation & excelsior, to continuously innovate the mining operation & maintenance mode, actively explore the new business lines meeting the market demand of Indonesia, and promote the deep implementation of diversified development strategy of the Company, so as to provide strong support of the international development.