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On May 12th, an investor asked CNNC Titanium Dioxide (002145) about railway transportation and logistics in the Panzhihua ar.
At present, I see only 4 kilometers of railwa.
Will the acquisition of this asset reduce the cost of exporting the company's products? Will there be an extension to the line?The company replied that the company will bid to acquire the railway transportation and logistics assets in Panzhihua area in 2021, and its special railway line is located in the Panzhihua Vanadium and Titanium High-tech Industrial Park, only 13 kilometers away from the entrance of the Panzhihua Expressway of the G5 Beijing-Kunming Expressw.
At present, a freight yard and 12 special railway lines have been bui.
The total length of the special lines is 62 kilometers, covering a total area of 226 mu, and the designed throughput capacity is 10 million tons per ye.
The assets have been fully injected into Zetong Logistics, a wholly-owned subsidiary of the compa.
The company will build a large branch line of strategic resources railway in Panzhihua area with Zetong Logistics as the main body to further reduce the company's resource procurement logistics costs, improve logistics and transportation capabilities, and ensure the company's main busine.
Stable supply of core raw material titanium concentra.
In the follow-up, Zetong Logistics will integrate surrounding land, build warehouses and water transportation terminals, and promote multiple businesses such as iron-water combined transportation, warehousing, and supply chain, so as to expand its scale and increase reven.
At present, I see only 4 kilometers of railwa.
Will the acquisition of this asset reduce the cost of exporting the company's products? Will there be an extension to the line?The company replied that the company will bid to acquire the railway transportation and logistics assets in Panzhihua area in 2021, and its special railway line is located in the Panzhihua Vanadium and Titanium High-tech Industrial Park, only 13 kilometers away from the entrance of the Panzhihua Expressway of the G5 Beijing-Kunming Expressw.
At present, a freight yard and 12 special railway lines have been bui.
The total length of the special lines is 62 kilometers, covering a total area of 226 mu, and the designed throughput capacity is 10 million tons per ye.
The assets have been fully injected into Zetong Logistics, a wholly-owned subsidiary of the compa.
The company will build a large branch line of strategic resources railway in Panzhihua area with Zetong Logistics as the main body to further reduce the company's resource procurement logistics costs, improve logistics and transportation capabilities, and ensure the company's main busine.
Stable supply of core raw material titanium concentra.
In the follow-up, Zetong Logistics will integrate surrounding land, build warehouses and water transportation terminals, and promote multiple businesses such as iron-water combined transportation, warehousing, and supply chain, so as to expand its scale and increase reven.
