This announcement is a separate document:
钒钛股份：中国国际金融股份有限公司关于攀钢集团钒钛资源股份有限公司拟与鞍钢集团有限公司签订《采购框架协议（2025-2027年度）》和《销售框架协议（2025-2027年度）》暨关联交易的核查意见
Vanadium and Titanium Co., Ltd.: China International Finance Corporation\'s inspection opinion on Pangang Group Vanadium and Titanium Resources Co., Ltd.\'s intention to sign the “Procurement Framework Agreement (2025-2027)” and “Sales Framework Agreement (2025-2027)” and related transactions with Angang Steel Group Co., Ltd.
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