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Pangang Group completes shareholding increase in Vanadium Titanium Resources

October 21, 2025 at 05:14 PM UTCBy FilingReader AI

Pangang Group Vanadium Titanium & Resources, referred to as Vanadium Titanium Resources, announced on October 22, 2025, that its controlling shareholder, Panzhihua Iron and Steel Group Co., Ltd., referred to as Pangang Group, has completed its shareholding increase plan. The plan, which commenced on April 22, 2025, involved Pangang Group increasing its stake in Vanadium Titanium Resources via concentrated bidding on the Shenzhen Stock Exchange.

As of October 21, 2025, Pangang Group cumulatively increased its holding of Vanadium Titanium Resources A-shares by 19,451,201 shares, representing 0.21% of the company's total share capital. The total amount invested was RMB 50,194,929.65 (excluding transaction fees), falling within the previously announced target range of RMB 50,000,000 to RMB 100,000,000.

Following the completion of this plan, Pangang Group directly holds 2,552,519,542 shares, accounting for 27.47% of Vanadium Titanium Resources' current total share capital. Including its subsidiaries, Pangang Group's total holding amounts to 3,616,027,435 shares, representing 38.92% of the company's total share capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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