Mission Statement, Vision, & Core Values (2026) of Tibet Summit Resources Co.,Ltd.

Tibet Summit Resources Co., Ltd., founded in 2000 and listed on the Shanghai Stock Exchange as 600338.SS, has built a profile as a non‑ferrous miner focused on lithium, copper, and rare earth elements from its Lhasa headquarters to projects in Tajikistan and Argentina, boasting a market capitalization of about CN¥10.05 billion (as of July 1, 2025) and reporting total revenues of ¥1.2 billion in 2022 - a 15% year‑on‑year rise - while emphasizing sustainable mining, community engagement, innovation, safety, and integrity as core tenets guiding its mission, vision, and values.

Tibet Summit Resources Co.,Ltd. (600338.SS) - Intro

• Founded: 2000
• Listing: Shanghai Stock Exchange (600338.SS)
• Headquarters: Lhasa, Tibet Autonomous Region, China
• International operations: Tajikistan, Argentina
• Market capitalization (1 Jul 2025): CN¥10.05 billion

• Secure and responsibly develop strategically important non-ferrous mineral resources.
• Create sustainable value for shareholders, host communities, and downstream industries.
• Advance low-impact, technologically driven extraction and processing methods.

• Be a leading, internationally respected developer of lithium, copper and rare earths from high-value deposits.
• Support China's and global clean-energy transitions by supplying critical battery and industrial metals.
• Operate with transparent governance, strong safety standards and measurable environmental performance.

• Safety-first operations and workforce wellbeing.
• Environmental stewardship and progressive rehabilitation.
• Community partnership and local economic development.
• Integrity, compliance and transparent corporate governance.
• Innovation in extraction, processing and resource utilization.

• Resource security: focus on expanding lithium and copper reserves to meet battery and grid demand.
• Sustainability KPIs: reduce water intensity, lower per-ton CO2 emissions, and increase reclaimed land area after closure.
• Community targets: local hiring ratios and community investment as percentage of regional project budgets.
• Financial discipline: balance capital expenditure on exploration and mine development against free-cash-flow generation to sustain dividends and reinvestment.

• Environmental management: formal programs for biodiversity protection, tailings safety and progressive rehabilitation.
• Social engagement: project-specific community agreements, local procurement and workforce training initiatives.
• Governance: publicly listed disclosure obligations, audit and compliance frameworks aligned with SSE requirements.

Tibet Summit Resources Co.,Ltd. (600338.SS) Overview

• Tibet Summit Resources Co.,Ltd. commits to sustainable development and the effective utilization of mineral resources while prioritizing environmental responsibility and long-term community wellbeing.
• Deliver excellence in mining operations through innovation, safety, and respect for ecological balance.
• Foster transparent stakeholder engagement and shared-value outcomes for local communities in Tibet and operating regions.

• To be a leading, responsibly managed mineral resources company recognized for low-impact, high-efficiency extraction and progressive environmental stewardship.
• To achieve carbon and environmental performance that sets industry benchmarks in China and internationally by adopting advanced technologies and green processes.

• Sustainability - integrate environmental and social governance into every business decision.
• Safety - maintain zero-tolerance for unsafe practices; protect employees, contractors, and communities.
• Innovation - invest in automation, digital mine management, and low-emission processing.
• Integrity - transparent reporting, regulatory compliance, and ethical conduct.
• Community Partnership - prioritize local hiring, local procurement, and community development programs.

• Reduce operational CO2 emissions intensity by 30% vs. 2020 baseline by 2028 through electrification and process upgrades.
• Increase ore recovery efficiency by 12% over five years via ore-sorting technology and process optimization.
• Target 40% local workforce composition in operating regions within three years; implement vocational training programs.
• Maintain Lost Time Injury Frequency Rate (LTIFR) below 0.5 per million hours worked.

• FY2023 environmental protection investment: RMB 68 million (wastewater treatment, tailings management, dust control).
• Community and social programs expenditure FY2023: RMB 15 million (education, health clinics, local infrastructure).
• Local procurement share (suppliers from Tibetan regions): 36% of total procurement value.

• Deployment of automated drilling and remote fleet management across 2 major sites, reducing diesel use by an estimated 14% per site.
• Implementation of ore pre-concentration and sensor-based sorting trials yielding a projected 8-12% increase in mill feed grade.

• Publishes annual ESG disclosures aligned with domestic regulatory requirements and increasingly aligned with TCFD-style climate risk descriptions.
• Boardsponsored safety and sustainability committee; external audits of environmental compliance conducted annually.

Tibet Summit Resources Co.,Ltd. (600338.SS) - Mission Statement

• Operate with highest environmental standards, minimizing land disturbance, water use and greenhouse gas emissions.
• Invest in advanced mining and processing technologies to improve ore recovery, reduce waste and lower energy intensity.
• Foster long-term partnerships with local communities, governments and international investors to share value and create jobs.
• Expand responsibly into strategic international markets while maintaining compliance with global ESG norms.
• Ensure transparent governance, rigorous safety practices and continuous employee development.

Quantitative Strategic Targets (near-term to 2030)

Vision Statement

• Global leadership: scale operations to selective international markets with high ESG alignment.
• Environmental stewardship: adopt best‑in‑class reclamation, biodiversity and water management programs.
• Technology leadership: deploy automation, real‑time monitoring, AI‑driven ore modeling and low‑carbon processing.
• Stakeholder partnerships: long‑term offtake, financing and community development agreements.
• Regional economic impact: catalyze infrastructure, skills development and local supplier networks.

Core Values

• Integrity - transparent reporting, strong governance and adherence to legal and ethical standards.
• Responsibility - prioritize safety, environment and community welfare in decision making.
• Innovation - continuous improvement through R&D, digitalization and process optimization.
• Collaboration - build equitable partnerships across the value chain to share benefits.
• Excellence - pursue operational efficiency, cost control and quality in every project.

Performance Metrics & Governance Alignment

Tibet Summit Resources Co.,Ltd. (600338.SS) - Vision Statement

• Integrity: All business activities are governed by transparent governance, compliance with laws and zero-tolerance for corruption or malpractice.
• Innovation: Commitment to continuous technological advancement - including exploration techniques, processing methods and digital operations - to improve recoveries and lower unit costs.
• Customer focus: Prioritizing long-term contracts, product quality and timely delivery to strengthen relationships with industrial and trading partners.
• Sustainability: Embedding environmental management systems, progressive reclamation plans and emissions control to minimize ecological footprint.
• Employee empowerment: Investing in training, safety and career development to foster a skilled, stable workforce.
• Ethical mining practices: Adhering to best-practice standards for tailings management, water use, biodiversity protection and community engagement.

• Governance & compliance: Strengthening internal controls, third-party audits and board oversight to ensure integrity and fiduciary responsibility.
• Technology adoption: Deploying automated drilling, remote sensing for exploration and improved metallurgy to raise recovery rates by several percentage points.
• Customer partnerships: Securing long-term offtake agreements and diversified sales channels to stabilize revenues and enhance predictability.
• Environmental programs: Implementing comprehensive water recycling, dust suppression and stepwise land restoration plans to reduce environmental impact.
• Employee development: Rolling out structured training, safety certification and talent pipelines to reduce turnover and elevate skill levels.
• Community engagement: Prioritizing local hiring, cultural sensitivity, and investment in education and healthcare to support shared prosperity.