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Display, Metallurgical Mining Co., Ltd. Jiangxi Copper Aynak Aynak copper mine owned 100% of the exploration rights, the company is composed of the central enterprises China Metallurgical joint venture with Jiangxi Copper. In 2008, China Metallurgical won Aynak copper project. Reuters said the current government attention to the Arab-Israeli exploitation of mineral resources, rich mineral that the Afghan government is an important source of funding, especially after the gradual reduction of foreign aid may face the situation. However, the Aynak copper project has been controversial since it was started. 1, a Western filmmaker to the Afghan capital Kabul, made plans to 'save Aynak' documentaries and 10 million signature petition to the leaders of the Afghan government. The filmmaker also organized on the same day 'Aynak Day'. MCC staff on the 2nd China to accept the 'Global Times' reporter, said, the people are learning the relevant circumstances regarding the petition, the Aynak project do not have access to the actual production stage. China Metallurgical disclosed in the annual report this year, which stated that the Afghan government fails to implement the requirements of the contract of phosphate rock and coal resources, has not completed excavation of cultural relics, land acquisition, relocation of villages and demining demining work. As of the first quarter financial results by the end of March, China Metallurgical Programme and the Afghan government to negotiate contract modification. MCC staff also revealed that the Z unit management needs; financial consolidation data quality has been significantly improved. 5. For information construction lag, the company has established a unified office automation systems and financial information platform. Mobile OA rapid on-line, mobile document management for approval, 'triple a big' OA reported and circulated like. Currently, the company financial consolidation system, financial management system, tax administration systems have achieved 100% coverage. Financial accounting system coverage was 99.81%. The remaining part mainly in the integration of newly acquired units and plans to do the asset disposal unit, is expected before the end of June 2016 to complete the system development and integration of all newly acquired projects. 6. Provision for impairment of assets Corporation high cover loss of state assets, the Corporation and each business unit will strictly comply with financial regulations and accounting standards of the country, and based on the principle of prudence, at the end of the annual review of the underlying asset is expected to be recover

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