Recently, the company issued the newly revised "Compilation of Rules and Regulations" and the newly issued "Compilation of Internal Control Regulations". The issuance of these two sets of compilations is of great significance for further promoting the institutionalization, proceduralization, and standardization of the company's work, and continuously improving the scientific and standardized level of company management.

The newly revised system compilation is based on the 2015 compilation, with various departments revising the original system and adding new systems from 2015 to present. The internal control system is an important component of the company's institutional system, which is summarized and refined based on years of management practice. It is the first time that it has been summarized and issued.

The Compilation of Rules and Regulations consists of nine parts, including company overview, basic company regulations, human resources regulations, administrative management regulations, financial management regulations, audit and supervision regulations, production management regulations, procurement management regulations, and sales management regulations. It collects 154 rules and regulations from various departments.

The Compilation of Internal Control Systems consists of thirteen parts, including organizational management, human resource management, administrative management, production management, engineering project management, procurement management, sales management, asset management, fund management, financial reporting, comprehensive budget management, contract and audit management, and social responsibility, totaling 98 business processes.

The system compilation achieves full coverage of various positions and process system systems. The regulations and internal control processes complement and integrate with each other, forming a complete institutional guarantee system for the company as a whole. It is an important component of Lingzhi Rare Earth's distinctive corporate culture, a valuable asset of the company, a powerful driving force for its continued development, and a symbol of a company's maturity.

The company distributed two sets of compilations to cadres, technical and business management personnel at all levels. Require all units and departments to organize all employees to study diligently and follow the rules and procedures in their work.