Panzhihua Steel Vanadium Co., Ltd. plans to conduct a significant asset restructuring through a share swap absorption merger with Panzhihua Steel Group's Chongqing Titanium Industry Co., Ltd. and Sichuan Changcheng Special Steel Co., Ltd. Trading for the involved companies will be suspended starting April 24, 2009, until the completion of the necessary procedures.
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Stock Code: 000515
Stock Abbreviation: Panzhihua Titanium Industry
Announcement No.: 2009--11
Panzhihua Steel Vanadium Co., Ltd. (hereinafter referred to as "Panzhihua Steel Vanadium") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, and bear joint liability for any false records, misleading statements, or significant omissions in the announcement.
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