On June 20, Gelonghui reported that Pangang Group Vanadium & Titanium Resources (000629.SZ) stated during investor relations activities that it will continue to optimize the vanadium production process for the vanadium industry, consolidating the application of vanadium in the steel industry while further expanding its use in non-steel fields. For the titanium industry, it will continue to optimize production processes and improve resource utilization. The company's main product output plan for 2024 is expected to be: 50,000 tons of vanadium products (converted from V2O5), 216,000 tons of titanium slag, 225,500 tons of sulfate process titanium dioxide, 43,500 tons of chloride process titanium dioxide, and 3.8 billion kWh of electricity. It is expected to achieve revenue of 14.3 billion yuan. The above business plan, business objectives, and financial budget do not represent the company's profit forecast for 2024. Whether they can be achieved depends on various factors such as changes in market conditions and the efforts of the management team. There are uncertainties, so investors should pay special attention.