According to an announcement from PIZU GROUP (09893), its indirect non-wholly owned subsidiary, Inner Mongolia Jule Engineering Explosives Co., Ltd. (Jule Explosives), has successfully upgraded to a first-class qualification in general contracting for mining engineering construction, following approval from the Ministry of Housing and Urban-Rural Development of China. This achievement enables the company to simultaneously hold both “First-Class General Contracting for Mining Engineering” and “First-Class Business Explosives Operation Unit” qualifications, classifying it as a “Double First-Class” qualified enterprise in the country. In the mining engineering sector, this "Double First-Class" qualification is a certification of the company's comprehensive service capabilities, allowing it to independently undertake large and complex engineering projects, including large-scale open-pit mining, precise underground mining, and tailings pond management. The announcement stated that Jule Explosives will continue to advance its high-quality development strategy with the “Double First-Class” qualification, establishing a full industrial chain centered on its core business and promoting coordinated development across various services.