Pangang Group Vanadium & Titanium Resources announced that in the third quarter, the revenue was 3.316 billion yuan, a year-on-year decrease of 6.04%; the net income was 45.9257 million yuan, a year-on-year decrease of 82.74%. The revenue for the first three quarters was 10.474 billion yuan, a year-on-year decrease of 6.12%; and the net income was 0.183 billion yuan, a year-on-year decrease of 78.92%.