Vanadium and Titanium Shares (000629.SZ): Estimated operating income of 14.3 billion yuan in 2024

Vanadium and Titanium Co., Ltd.(000629.SZ) stated at an investor relations event that for the vanadium industry, the company will continue to optimize the vanadium production process and consolidate the application of vanadium in the steel field while further expanding the application of vanadium in the non-steel field; for the titanium industry, we will continue to optimize production processes and improve resource utilization. The company's main product output plan in 2024 is: 50,000 tons of vanadium products (converted into V2O5), 216,000 tons of titanium slag, 225,500 tons of sulfuric acid titanium dioxide, 43,500 tons of chlorinated titanium dioxide, and 3.8 billion kilowatt-hours of electricity; It is expected to achieve operating income of 14.3 billion yuan. The above business plans, operating objectives and financial budgets do not represent the company's profit forecast for 2024. Whether it can be realized depends on various factors such as changes in market conditions and the effort of the management team. There are uncertainties and investors should pay special attention to it.