Business Profile

NiHAO MINERAL RESOURCES INTERNATIONAL, INC. (the "Company") was incorporated in the Philippines and registered with the Securities and Exchange Commission on July 9, 1975 as a mining company under the name Summit Minerals, Inc. On October 3, 1990, the Company's shares were offered to the public and listed in the PSE.

On December 10, 1993, the Company changed its primary purpose to that of a holding company. Subsequently, on February 24, 1994, the Company changed its corporate name to "Magnum Holdings, Inc."

On June 28, 2007, the Company changed its corporate name to "NiHAO Mineral Resources International, Inc." and its primary purpose to that of a mining company.

Description of Business

The Company is a mining company engaged in exploring, developing, and operating nickel properties. The Company aims to create an integrated mining company using its expertise in nickel exploration, access to processing technology, and the prospectivity of its projects. The Company’s vision is to become a leading nickel mining and processing company in the Philippines.

The Company’s name, “NiHAO,” stands for “Bountiful Nickel,” the primary mineral which the Company intends to discover and mine. It derived its name by combining the element symbol for Nickel “Ni,” and the Chinese character for noble or bountiful, “HAO.”

The Company’s previously conducted mining operations in Dinapigue, Isabela. It was then covered by an operating agreement dated June 13, 2012 between NiHAO and Geogen Corporation (“Geogen”), which agreement was pre-terminated on August 4, 2015. As consideration for said termination, Geogen shall issue NiHAO preferred shares that embodies a cumulative dividend computed annually based on 20% of Gross Profits net of income taxes.

As of December 31, 2017, the Company has three (3) mining claims located in the provinces of Zambales, Misamis Oriental and Masbate. The Company’s Mining Claims cover a total of approximately 13,962.3808 hectares

Product

In the foreseeable future, the Company plans to ship nickel ore directly to its customers, similar to most nickel mining companies in the Philippines.

Also as mentioned above, the Company on August 2015 has inked an agreement with Nickel Asia Corporation for a share in the profits of its wholly-owned subsidiary Geogen Corporation. Geogen Corporation owns the Isabela mining claim would share with NiHAO 20% of Gross Profits net of income taxes from the operations of this mine.

Also, NiHAO is looking forward to partnerships, joint ventures, and other business combinations with larger local and foreign mining companies to improve its production of ore and increase its exports and revenues from its other mines.