Chengde Xinxin Vanadium Titanium Co., Ltd. (hereinafter referred to as "Chengde Vanadium Titanium") is located in Chengde, a famous historical and cultural city at home and abroad. The company was established in June 1994, which was exclusively initiated by Chengde Iron and Steel Group Co., Ltd. and was established by directional fundraising. On August 22nd, 2002, the company issued RMB A shares 1000000 shares for the first time, and listed on Shanghai Stock Exchange on September 6th, 2002.