Pangang (000629) 证券时报网·2025-02-11 14:42Group 1 - The core point of the news is that Vanadium Titanium Co., Ltd. has signed a framework agreement with Dalian Rongke for the supply of vanadium energy storage materials for the year 2025, with an expected total quantity of 20,000 tons (equivalent to vanadium pentoxide) [1][2] - The agreement is based on the successful cooperation established since the strategic cooperation agreement signed in September 2021, which has led to various commercial collaborations, including sales of electrolytes and processing of vanadium storage media [2] - The agreement will enhance the market competitiveness of the company's vanadium products in the energy storage sector and positively impact its production and operations [2] Group 2 - Vanadium Titanium Co., Ltd. focuses on the production, sales, and R&D of vanadium and titanium products, including vanadium oxide, vanadium iron, and titanium dioxide, making it a major domestic producer of vanadium and titanium raw materials [3] - The company sources its main raw materials, crude vanadium slag and titanium concentrate, from its controlling shareholder, Panzhihua Steel Group, which has significant production capacity in the region [3] - The company has a robust resource base, with Panzhihua Steel Group capable of producing 500,000 tons of vanadium slag and 1.75 million tons of titanium concentrate annually, ensuring resource security for high-quality development [3]