Tianci signs agreement to purchase 5,000 DMT of chromite ore concentrate

Tianci International (CIIT) announced that it has signed an agreement to purchase 5,000 DMT of chromite ore concentrate through its Hong Kong subsidiary, Roshing International. This agreement represents Tianci’s first step in entering the international market for mineral resources business. Tianci purchased this batch of high-quality chromite ore concentrate from a well-established supplier. Tianci’s inspection of the ore was strictly carried out in accordance with international standards that revealed a chromium concentration ranging from 46% to 50%. Tianci now plans to expand its global shipping network and optimize its supply chain structure to respond to market demand for high-quality mineral resources. Management looks upon this plan to integrate participation in the mineral trade with Tianci’s global shipping resources as a vehicle to strengthen Tianci’s market competitiveness and enhance its influence within shipping industry.