Vanadium Titanium Co., Ltd.: Shareholder Yingkou Port Authority intends to reduce its holdings by no more than 0.7%

Vanadium Titanium Corporation announced that the shareholder Yingkou Port Group Co., Ltd., holding more than 5% of the shares, holds 515 million shares of the company, accounting for 5.55% of the total share capital. The company plans to reduce its holdings by no more than 62.9156 million shares, accounting for 0.7% of the total share capital excluding the repurchase account, through centralized bidding or block trading within 3 months after 15 trading days from the date of the announcement, for operational and fund arrangements.