On May 20th, Gotion High-tech's holding sub-subsidiary, Yichun Gotion Mining Co., Ltd., successfully won the general survey and exploration right of the porcelain clay (including lithium) mine in the Shuinan mining section of the Geshili mining area in Yifeng County, Jiangxi Province at a price of RMB460 million (USD68.79 million). This is the second exploration right obtained by Gotion High-tech in Jiangxi.