1、On January 26th, Chairman Liu Jiangang participated in the interview of the first value investment enterprise selection talk show of Inner Mongolia TV. The companies interviewed this time are all enterprises that have won the title of "Growth Potential Star" in the first Inner Mongolia Value Investment Enterprise Selection, which is co-organized by Inner Mongolia Radio and Television.

2、On April 17th, the Standing Deputy Director of the Autonomous Region Party Committee's Military-Civilian Integration Office, Qi Shilin, with a delegation, visited the company for research under the accompaniment of the Standing Committee Member of the Baotou Municipal Party Committee, Vice Mayor, and Director the Municipal Party Committee's Military-Civilian Integration Office, Dong Zhiyong, and the Standing Deputy Director of the Municipal Party Committee's Military-Civilian Office, Tian Hongcheng. This research project has also received strong support from the Autonomous Region's Military-Civilian Integration Office and the Baotou Municipal Military-Cian Integration Office. Director Qi and Vice Mayor Dong are very optimistic about the development prospects of the project. They pointed out that rare earth is a characteristic industry of Baou and hope that the company can strive to develop research and quickly implement the rare earth functional materials project to contribute to the country's military development.

3、The company participated in the 2024 International Rubber and Plastic Exhibition held in Shanghai from April 23rd to 25th and Guangzhou International Coatings Exhibition from December 4th to 6th. In both exhibitions, our company had in-depth exchanges with domestic and foreign customers about market.

4、On April 27th, Director Chen Fucai of the Science and Technology Entrepreneurship Service Center of Baotou Rare Earth High-tech Industrial Development and other leaders visited the company for research and inspection. Director Chen expressed particular concern for the development of the company's rubber auxiliary agent project and recommended a tire manufacturer that just settled in Baotou, hoping to promote the rapid application of the rare earth rubber auxiliary agent project.

5、In June, Hongbo Technology was named a "specialized, refined, distinctive, and new" SME, and Kalux was named an innovative SME and a-tech enterprise, together receiving 1 million in government technology funding.

6、This year, Hongbo Technology Company has achieved overproduction and exceeded the annual work tasks, with the main business breaking through the sales of 10 million yuan.

7、On August 20th, our company's associate company, Inner Mongolia Zhongke Hongte High-tech Co., Ltd., won the first prize the startup group of the 13th China Innovation and Entrepreneurship Competition Inner Mongolia Division with the "Development and Pilot Production Demonstration Project of Sulfur Ox Gadolinium for Luminescent Materials".

This project represented Inner Mongolia in the National New Materials Innovation and Entrepreneurship Competition, which is an affirmation and expectation of our's future potential and development direction. Zhongke Hongte will continue to increase scientific research investment, strive forward, and contribute to the high-quality development of the rare new materials industry.

8、The company's rare earth heavy-duty anti-corrosion coating pilot product has been painted on the small boat of Factory 4808 for a trial, after 7 months of use, it has received good feedback from the factory, and it is planned to paint the entire ship in late January 2025

9、The company's rare earth microwave absorption material research and development project has been completed and accepted in December. The technology research and development of this project in the field unmanned aerial vehicles has been included in the major project guide of the Science and Technology Department. At present, it has been jointly declared with Inner Mongolia University of Science and and Chengdu Sanhong Technology Company for the major science and technology projects of the Science and Technology Department in 2025.

10、The company and its participating companies have been approved for two invention patents this year, which are "A rare earth sulfide with a silica coating layer and its method" ZL202410592253.6 and "A high-purity rare earth sulfoxide crystal and its preparation" ZL202410592204.2.