公告显示，合资公司的设立及相关合作事项有助于公司产业链纵深发展，随着项目进程的推进，公司原材料采购的成本将有望得到显著降低，这对于公司持续推进技术创新有非常重要的意义。Fujian Kuncai Material Technology (603826.SH) announcement, the company plans to jointly invest with G-Resources Limited ("International Resources") to establish a joint venture company, Zhaoyuan Vanadium Titanium Co., Ltd. (referred to as "Joint Venture Company A") and Zhaoyuan Vanadium Industry Co., Ltd. (referred to as "Joint Venture Company B").
According to reports, the main business scope of Joint Venture Company A is the procurement, sales, and processing of vanadium titanium magnetite, with a planned annual purchase of 60 million tons of ore, and the extraction of iron concentrate, titanium concentrate, and vanadium products. The registered capital of Joint Venture Company A is 0.3 billion RMB, with the company holding 55% and G-Resources holding 45%. The initial payment is 0.1 billion RMB, with both parties contributing according to the equity ratio. In addition, the main business scope of Joint Venture Company B is the production of vanadium pentoxide, with the registered capital to be determined, G-Resources holding 75%, and the company holding 25%.
The establishment of the joint venture company and related cooperation matters will help the company's vertical development of the industry chain. As the project progresses, the company's raw material procurement costs are expected to be significantly reduced, which is of great significance for the company's continued technological innovation.
The announcement shows that the establishment of the joint venture company and related cooperation matters will help the company's vertical development of the industry chain. As the project progresses, the company's raw material procurement costs are expected to be significantly reduced, which is of great significance for the company's continued technological innovation.