Panzhihua Steel Vanadium and Titanium Stock Investment Analysis

Core products: core products of special steels and vanadium and titanium products Dynamics: Panchenggang's listing price on April 13 was increased by 50-70 yuan from the previous core value: the major advantages that may exist in the future with resources: the top ten shareholders of tradable shares in resource prices Institutional shareholding ratio: 26.96%

Panzhihua Vanadium and Titanium is the winner of the game. The reorganization plan at the end of 2010 not only succeeded in reviving Panzhihua’s vanadium and titanium, but also transformed Panzhihua’s vanadium and titanium into mineral resources.

The restructured Panzhihua Steel's vanadium and titanium business will be more competitive: iron ore and vanadium-titanium minerals will be the most important, and both of these operations will be scarce – and Panzhihua’s vanadium and titanium will become domestic iron ore after the reorganization is completed. The mineral resources leading enterprises with the most abundant stone reserves and the largest iron ore mining and selecting capacity will form an annual production capacity of 9.9 million tons of iron ore concentrates after the reorganization. With the further development of domestic and overseas mineral resources, the annual output of the forward companies It will increase to 48.1 million tons.

At the same time, the original vanadium and titanium resources of Panzhihua Steel and Vanadium and Titanium are also abundant, with reserves of 18.62 million tons of vanadium resources and 618 million tons of titanium resources, which account for 52% and 95% of domestic reserves, respectively.