Core Viewpoint - China Nuclear Titanium White plans to sell its wholly-owned subsidiary Hami Zhonghe Vanadium Titanium for a base price of 121 million yuan, marking a strategic shift to optimize its industrial layout and focus on core business areas [1][3][5]. Group 1: Asset Sale Details - The sale of Hami Zhonghe Vanadium Titanium is set to occur on August 5, 2025, with a base price of 121 million yuan, which is the assessed value excluding tax [3][4]. - Hami Zhonghe Vanadium Titanium was established in March 2023 with a registered capital of 500 million yuan, aimed at securing upstream vanadium-titanium mineral resources [3][4]. - The subsidiary has reported losses of 272,800 yuan and 251,700 yuan for the first eight months of 2024 and 2025, respectively, with zero revenue during the same period [4][5]. Group 2: Financial Performance - In the first half of 2025, China Nuclear Titanium White achieved a revenue of 3.77 billion yuan, a year-on-year increase of 19.66%, while net profit decreased by 14.83% to 259 million yuan [1][5]. - The company’s titanium dioxide main business generated a revenue of 3.02 billion yuan in the first half of 2025, reflecting a 13.25% year-on-year growth, but with a gross margin of 13.21%, down 5.3 percentage points [6]. Group 3: Strategic Shift - The company is undergoing a name change to "Titanium Energy Chemical Co., Ltd." to align with its strategic focus on the three industries of titanium chemicals, phosphorus chemicals, and new energy materials [2][6]. - The divestiture of the vanadium-titanium subsidiary is part of a broader strategy to concentrate resources on core production areas in Gansu and Guizhou, enhancing operational efficiency [5][6].

Core Viewpoint - The actual controller of Zhongke Titanium White, Wang Zelong, sold a company he established just over two years ago to his father, raising questions about the motivations behind this transaction and its implications for the company's strategic direction [1][3]. Company Overview - Zhongke Titanium White (中核华原钛白股份有限公司) focuses on the production of high-grade rutile titanium dioxide, which is widely used in coatings, plastics, rubber, inks, and paper [10]. - The company plans to change its name to "Titanium Energy Chemical Co., Ltd." to align with its green circular strategy involving sulfur, phosphorus, iron, and titanium [10]. Transaction Details - On September 23, 2025, the company announced the sale of its 100% stake in Hami Zhonghe Vanadium Titanium Co., Ltd. for an assessed price of 120.8 million yuan (approximately 12.08 million) [3][8]. - The sale is part of a strategy to concentrate resources on four core production areas in Gansu and Guizhou, optimizing investment layout to support the main business development [3]. Financial Performance - As of August 31, 2025, Hami Zhonghe Vanadium Titanium reported zero revenue, a net loss of 251,700 yuan, and a negative operating profit of 319,300 yuan [7]. - The asset evaluation for Hami Zhonghe Vanadium Titanium showed a modest increase of 0.82%, with total assets valued at 124.13 million yuan and total liabilities at 3.33 million yuan [8]. - In the first half of 2025, Zhongke Titanium White reported a revenue of 3.77 billion yuan, a year-on-year increase of 19.66%, but a decline in net profit by 14.83% [9]. Leadership Background - Wang Zelong, born in 1996, became the actual controller of Zhongke Titanium White after acquiring a significant stake in 2019 for 1.635 billion yuan [4]. - He faced regulatory penalties from the China Securities Regulatory Commission amounting to 133 million yuan due to illegal trading activities [5]. Strategic Focus - The company aims to develop a vanadium-titanium industrial ecosystem in Northwest China, leveraging local resources to enhance production capacity [7]. - The strategic focus includes integrating surrounding mining and processing resources to support the production of titanium concentrate, iron concentrate, and vanadium products [7].

Group 1 - The company held its fourth temporary board meeting on September 23, 2025, with all nine directors present, and the meeting complied with relevant laws and regulations [2][3]. - The board approved a proposal for a related party transaction involving the sale of 100% equity in Hami Zhonghe Vanadium Titanium Co., Ltd. to Wenzhou Yingsheng Industrial Co., Ltd. for a base price of 120.8036 million yuan (excluding tax) [3][31]. - The board also approved a proposal to change the company's name to "Titan Energy Chemical Co., Ltd." and its stock abbreviation to "Titan Energy," while retaining the stock code "002145" [5][56]. Group 2 - The board approved a proposal to revise the company's articles of association in line with the name change and other relevant regulations [7][56]. - A temporary shareholders' meeting is scheduled for October 13, 2025, to discuss the approved proposals, with specific voting procedures outlined [8][12]. - The company aims to optimize its investment layout and enhance its core production areas in Gansu and Anhui as part of its strategic development in titanium, phosphorus, and new energy materials [3][31]. Group 3 - The transaction with Wenzhou Yingsheng is classified as a related party transaction and does not require shareholder approval as it does not meet the threshold for significant asset restructuring [3][32]. - The financial assessment of Hami Zhonghe Vanadium Titanium Co., Ltd. indicated total assets of 123.1513 million yuan and total liabilities of 3.3273 million yuan, leading to an equity valuation of 120.8036 million yuan [43][51]. - The proceeds from the asset sale will be utilized for the company's daily operations, aligning with its overall strategic planning [51][52].

Group 1 - The core point of the article is that Zhongke Titanium White plans to divest its vanadium-titanium assets to focus on its main business, with the buyer being a company controlled by the actual controller's father [2][3] - Zhongke Titanium White announced the sale of its 100% stake in Hami Zhonghe Vanadium Titanium Co., Ltd. at a base price of 120 million yuan, which is the assessed value [3] - Hami Zhonghe Vanadium Titanium was established in 2023 with a registered capital of 500 million yuan, but it reported zero revenue for 2024 and the first eight months of 2025, with losses of 270,000 yuan and 250,000 yuan respectively [7] Group 2 - Hami is recognized as one of China's most important vanadium-titanium resource-rich areas, with significant resource potential and rapid development, becoming the "third pole" of the national vanadium-titanium industry [7] - Zhongke Titanium White initially had high hopes for Hami Zhonghe Vanadium Titanium, planning to build production lines for titanium concentrate, iron concentrate, and vanadium products based on local resources [7] - The divestment is part of Zhongke Titanium White's strategy to concentrate resources on four core production areas: Gansu Baiyin, Gansu Jiayuguan, Anhui Ma'anshan, and Guizhou Kaiyang, while also rebranding to Titanium Energy Chemical [7]

格隆汇9月23日丨中核钛白（维权）(002145.SZ)公布，为顺应中核华原钛白股份有限公司"钛化工、磷 化工、新能源材料"三大产业耦合循环发展战略，集中资源聚焦打造甘肃白银、甘肃嘉峪关、安徽马鞍 山及贵州开阳四大核心生产区，实现投资布局优化升级，服务公司主业发展，公司于2025年8月5日在北 京产权交易所挂牌出售公司持有的哈密中合钒钛有限公司（简称"哈密中合钒钛"）100%的股权，挂牌 底价即为评估价12,080.36万元（不含税）。公司关联方温州盈晟实业有限公司拟按照评估价购买哈密中 合钒钛100%的股权。交易各方履行审批程序后，将签署相关交易协议。 ...

Group 1 - The company, Zhongke Titanium White (002145.SZ), plans to change its name and stock abbreviation to better align with its development strategy and brand building [1] - The new name and abbreviation will match the company's main business operations and future strategic planning, focusing on the coupling development strategy of "titanium chemicals, phosphorus chemicals, and new energy materials" [1] - The company aims to further establish a "sulfur-phosphorus-iron-titanium" green circular development model through this name change [1]

（记者 曾健辉） 每经AI快讯，中核钛白9月23日晚间发布公告称，为顺应中核华原钛白股份有限公司"钛化工、磷化工、 新能源材料"三大产业耦合循环发展战略，集中资源聚焦打造甘肃白银、甘肃嘉峪关、安徽马鞍山及贵 州开阳四大核心生产区，实现投资布局优化升级，服务公司主业发展，公司于2025年8月5日在北京产权 交易所挂牌出售公司持有的哈密中合钒钛有限公司100%的股权，挂牌底价即为评估价约1.21亿元（不 含税）。公司关联方温州盈晟实业有限公司拟按照评估价购买哈密中合钒钛100%的股权。交易各方履 行审批程序后，将签署相关交易协议。 每经头条（nbdtoutiao）——报价太低遭严防，投标企业还得"解释清楚"，一场国家组织的大型采购， 为何引发全行业关注 ...

钛能化学股份有限公司 章 程 二〇二五年九月 | | | 第一章 总则 第一条 为维护钛能化学股份有限公司（以下简称"公司"）、股东、职工和 债权人的合法权益，规范公司的组织和行为，根据《中华人民共和国公司法》(以 下简称《公司法》)、《中华人民共和国证券法》(以下简称《证券法》)和其他有关 规定，制定公司章程（以下简称"本章程"）。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司。公司经 国家经贸委国经贸企改[2001]88 号文《关于同意设立中核华原钛白股份有限公司的 批复》批准，以发起方式设立；在嘉峪关市工商行政管理局注册登记，取得营业执 照，统一社会信用代码：916202007190638385。 第三条 公司于 2007 年 7 月 12 日经中国证券监督管理委员会（以下简称"中 国证监会"）证监发行字[2007]180 号文核准，首次向社会公众发行人民币普通股 6000 万股，并于 2007 年 8 月 3 日在深圳证券交易所上市。 第六条 公司注册资本为人民币 3,806,672,183 元。 董事长辞任的，视为同时辞去法定代表人。 法定代表人辞任的，公司将在法定代表人辞任之日起三 ...

中核华原钛白股份有限公司 关于出售资产的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、交易概述 1、为顺应中核华原钛白股份有限公司（以下简称"公司"）"钛化工、磷化工、 新能源材料"三大产业耦合循环发展战略，集中资源聚焦打造甘肃白银、甘肃嘉 峪关、安徽马鞍山及贵州开阳四大核心生产区，实现投资布局优化升级，服务公 司主业发展，公司于 2025 年 8 月 5 日在北京产权交易所（以下简称"北交所"） 挂牌出售公司持有的哈密中合钒钛有限公司（以下简称"哈密中合钒钛"）100% 的股权，挂牌底价即为评估价 12,080.36 万元（不含税）。公司关联方温州盈晟 实业有限公司拟按照评估价购买哈密中合钒钛 100%的股权。交易各方履行审批 程序后，将签署相关交易协议。 2、温州盈晟实业有限公司为公司关联方，根据《深圳证券交易所股票上市 规则》相关规定，本次交易构成关联交易。 3、本次交易已经公司第八届董事会独立董事专门会议第一次会议审议通过， 独立董事全票同意将该议案提交董事会审议。公司于 2025 年 9 月 23 日召开的第 八届董事会第四次（临时）会议 ...

证券代码：002145 证券简称：中核钛白 公告编号：2025-076 中核华原钛白股份有限公司 关于拟变更公司名称（含证券简称）及修订《公司章程》的 公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 中核华原钛白股份有限公司（以下简称"公司"）于 2025 年 9 月 23 日召开第 八届董事会第四次（临时）会议，审议通过了《关于拟变更公司名称及证券简称 的议案》《关于修订<公司章程>的议案》，上述议案尚需提交公司股东会审议， 同时提请股东会授权公司董事会指定专人负责办理与本次变更公司名称及修订 《公司章程》相关的工商变更登记、备案等手续，及与更名相关的其他事项。现 将具体情况公告如下： 二、公司名称（含证券简称）变更原因说明 为更好地匹配公司发展战略以及品牌建设，根据公司发展需要，公司拟变更 公司名称（含证券简称）。变更后的公司名称（含证券简称）与公司主营业务相 匹配，符合公司的未来战略规划及经营发展规划，更加契合公司"钛化工、磷化 拟变更事项 变更前 变更后 公司名称 中核华原钛白股份有限 公司 钛能化学股份有限公司 证券简称 中核钛白 钛能化学 英 ...