[SMM Titanium News] On July 12, Vanadium Titanium Co., Ltd. (000629) (000629), a publicly listed firm on the A-share market, released its semi-annual earnings forecast. The company expects to incur a loss for the period from January to June 2025, with net profit attributable to shareholders of the publicly listed firm ranging from -220 million yuan to -180 million yuan. Net profit is expected to decrease by 260.23% to 231.09% YoY. Revenue is projected to be between 4.13 billion yuan and 4.2 billion yuan, and basic earnings per share are estimated to range from -0.0237 yuan to -0.0194 yuan. The company bases the above forecast on the following reasons: Revenue for H1 2025 is expected to decrease by 41.32% to 42.30% compared to the same period last year, primarily due to a YoY decline in the prices of vanadium and titanium products, along with changes in the business models of certain products. Net profit attributable to shareholders of the publicly listed firm is expected to decrease by 317 million yuan to 357 million yuan compared to the same period last year, mainly due to the YoY decline in the prices of vanadium and titanium products. The company actively responds to market changes, ensuring coordination between production and sales, adjusting product mix for higher profitability, partially offsetting the impact of declining product prices. Pangang Group Vanadium Titanium Resources Co., Ltd.'s main business includes the production, sales, R&D, and application development o