On August 2, 2024, the signing ceremony of the strategic cooperation framework agreement between Longbai Group and Sichuan Natural Resources Investment Group was held in Chengdu. Group Chairman and Benliu, Vice Chairman Xu ran, Vice President and Board Secretary Wang Xudong, Sichuan Resources Group Party Committee Secretary and Chairman Luo Zhibo, Party Committee Deputy Secretary, Vice Chairman and General Manager Jiang Tao, Deputy General Manager he Sibin, Xue Hong, consultant Wu Wenxiang and other leaders attended the event. The signing of the contract is an important milestone in the history of the development of enterprises between the two sides, opening up a new situation for deepening bilateral cooperation and seeking common development.

At the ceremony, the participants learned more about the development of both sides by watching promotional videos. The leaders of both sides delivered speeches and signed the contract on the spot.

In their speech, he Benliu said: this strategic cooperation is based on the high degree of agreement between the two sides' industrial advantages and resource endowments, as well as their firm determination to jointly promote the high-quality development of the vanadium and titanium industry. The two sides will carry out in-depth cooperation in mining and separation cooperation, industrial cooperation, trade cooperation, equity cooperation, scientific and technological cooperation and other fields. join hands to build a new pattern of benign interaction and common development from vanadium-titanium magnetite mining and washing to intensive processing and comprehensive utilization, so as to promote the steady and efficient development of vanadium-titanium industry in Sichuan Province. This will not only bring new development opportunities for enterprises of both sides, but also inject new vitality into the development of vanadium and titanium industry in Sichuan Province and even the whole country, and help to enhance the guarantee capacity of national strategic mineral resources. He firmly believes that through joint efforts and unremitting efforts, the two sides will be able to achieve the goal of cooperation and jointly create a better future.

Luo Zhibo sincerely admired the achievements made by Longbai Group and said: the business areas in which the two sides fit are worthy of going hand in hand and are full of expectations for a mutually beneficial and win-win future. He said that the advantages of cooperation between the two sides are outstanding. Sichuan Resources Group has the largest mining right in the country, and Longbai Group has a leading and mature industry chain of vanadium and titanium mining, separation, metallurgy and refining, as well as a complete set of patented technology. the cooperation between the two sides has a solid foundation and broad prospects. He hopes that the two sides will take the strategic cooperation agreement as an opportunity to speed up the construction of a new integrated cooperation pattern of "production-supply-marketing" of Honggenan vanadium-titanium magnetite, and create a world-class safe supply base for strategic and key mineral resources. At the same time, we will jointly explore the "resources + park + industry" model, promote the tackling of key technical problems and the transformation of achievements in the field of vanadium and titanium, jointly cultivate new quality productive forces, and create a new highland for the integration and development of state-owned enterprises and private enterprises.

Xu ran, vice chairman of Longbai Group, signed a strategic cooperation framework agreement with Jiang Tao, deputy secretary of the party committee, vice chairman and general manager of Sichuan Resources Group. Luo Zhibo, party committee secretary and chairman of Sichuan Resources Group, signed the agreement and took a group photo.

In future cooperation, Longbai Group will actively respond to the national policy guidance on deepening the development and utilization of mineral resources, and make full use of its experience and technological advantages in the vanadium and titanium industry. combined with the strength of Sichuan Natural Resources Investment Group in resource exploration, development, investment and financing, we will jointly promote the innovative development of the vanadium and titanium industry and work hand in hand to build a globally competitive vanadium and titanium industry chain. Enhance the status and influence of enterprises of both sides in domestic and foreign markets, promote the green and sustainable development of vanadium and titanium industry, and make greater contributions to the win-win cooperation between the two sides and the promotion of economic construction and social development in Sichuan.