CNNC TD(SZ:002145) Mei Ri Jing Ji Xin Wen·2025-09-23 15:29Group 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]