1. Procurement Conditions This procurement project for Pangang Vanadium Graphite Electrodes (UHPφ400) (PGPWZBHGXHD260226269611) was procured by the Materials Business Department of Pangang Group Materials Trading Co., Ltd. The procurement project funds came from self-raised funds. The project has met the procurement conditions and is now open for inquiry and comparison. 2. Project Overview and Procurement Scope 2.1 Project Name: Pangang Vanadium Graphite Electrodes (UHPφ400) 2.2 Transition to Other Procurement Method after Failed Procurement: Transition to Negotiated Procurement 2.3 The procurement content, scope, and scale of this project are detailed in the attachment "Material List Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Consortium bidding is not allowed for this procurement. 3.2 This procurement requires the bidder to possess the following qualification requirements: See attachment for details (if required) 3.3 This procurement requires the bidder to meet the following registered capital requirement: Registered capital for production-type enterprises: 2 million yuan and above 3.4 This procurement requires the bidder to possess the following performance requirements: The bidder must provide performance evidence (scanned copies of invoices) for supplying the same specification graphite electrodes (UHPφ400) from January 1, 2023, until the bid submission deadline. Failure to upload supply performance records for Pangang will be considered as a new supplier. New suppliers will undergo a "supply for trial" period. Only after the steel mill completes usage and the supplier is converted to a normal supplier based on evaluation results can they participate in subsequent tenders and bids. 3.5 This procurement requires the bidder to possess the following capability requirements, financial requirements, and other requirements: Financial Requirements: See attachment for details (if required) Capability Requirements: See attachment for details (if required) Other Requirements: 1. The bidder shall possess legitimate business qualifications, verified as valid through public websites such as Qixinbao, Tianyancha, and Qichacha. 2. From January 1, 2023, until the bid submission deadline, there shall be no records of serious legal violations in business activities (based on the enterprise data analysis from the Intelligent Bidding Platform). 3. To ensure supply security, the minimum bid quantity for the bidder shall not be less than 256 mt. 3.6 For this procurement project, which by law must undergo tender, bids from discredited persons subject to enforcement for dishonesty are invalid. 4. Procurement Document Acquisition 4.1 Interested bidders please log in to the Ansteel Intelligent Bidding Platform at http://bid.ansteel.cn to download the electronic procurement documents from 13:45 on February 27, 2026, to 13:45 on March 6, 2026 (Beijing Time, the same hereinafter). Click to view tender details:

【SMM Vanadium Express】VanadiumCorp Resource Inc. signed a Memorandum of Understanding (MoU) with a European technology provider to co-develop a more efficient vanadium electrolysis process for electrolyte production.

【SMM Vanadium Express】US Vanadium Holding Co. announced the expansion of its high-purity vanadium oxide production capacity in Arkansas to meet growing demand from the aerospace and chemical catalyst industries.

【SMM Vanadium Express】AMG Vanadium LLC completed an upgrade to its recycling facility in Ohio, increasing its capacity to recover vanadium from spent catalysts and oil residues by 20%.

【SMM Vanadium Express】EVRAZ reported that its Vanadium business segment's Q3 sales volume increased by 8% quarter-on-quarter, driven by stronger demand from the European and North American steel sectors.

【SMM Vanadium Express】A joint venture between Sumitomo Corporation and a Kazakhstan-based partner has commenced the construction of a vanadium electrolyte production facility, aiming for completion by late 2025.

Sumitomo Electric Industries announced that its vanadium redox flow battery energy storage system (BESS) and energy management system sEMSAR have been adopted by the Kuroyama Solar Power Plant in Minamikyushu City, Kagoshima Prefecture. The project was designed and constructed by Mitaden Co., Ltd., and a completion ceremony for the "Kuroyama Solar Power Generation Facility Project" was held on April 22.

Vanadium Titanium: Signed Annual Framework Agreement for Vanadium Energy Storage Raw Materials Cooperation with Dalian Rongke. Vanadium Titanium announced that it has signed the '2024 Vanadium Energy Storage Raw Materials Annual Framework Agreement' with Dalian Rongke Energy Storage Group Co., Ltd. The estimated total quantity for 2024 is 16,000 tons (equivalent to vanadium pentoxide), with a variance of ±10% in delivery quantity. Based on the current market price of vanadium products, the total transaction amount is approximately 1.568 billion RMB.

1. Procurement Conditions The procurement project for Panzhihua Steel Vanadium Slag Agent (Improved Type) (PGWZMYHHD250407202593) is conducted by Panzhihua Steel Group Materials Trading Co., Ltd. The project funds are self-raised, and the project is now ready for procurement, proceeding with an open single-round negotiation. 2. Project Overview and Procurement Scope 2.1 Project Name: Panzhihua Steel Vanadium Slag Agent (Improved Type) 2.2 Procurement Failure to Other Procurement Methods: Not Applicable 2.3 The procurement content, scope, and scale of this project are detailed in the attachment "Material List Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Joint venture bidding is not allowed for this procurement. 3.2 Bidders must meet the following qualification requirements: See the attachment (if required) 3.3 Bidders must meet the following registered capital requirements: Production-type registered capital: 2 million yuan and above 3.4 Bidders must meet the following performance requirements: For Panzhihua Steel Vanadium new trial products, bidders must provide performance proof of the product (trial production report, those not uploaded will be considered as new suppliers). 3.5 Bidders must meet the following capability requirements, financial requirements, and other requirements: Financial requirements: Registered capital ≥ 2 million yuan, and not less than 30% of the total project planned price (excluding tax) Capability requirements: Need to provide annual inspection qualified enterprise qualification requirements: (1) Business license (or copy) scan; (2) Tax registration certificate (or copy) scan (except for three certificates in one); (3) Organization code certificate (or copy) scan (except for three certificates in one); Other requirements: See the attachment (if required) 3.6 For projects that must be legally tendered, bids from discredited executors are invalid. 4. Procurement Document Acquisition 4.1 All interested bidders, please log in to the Ansteel Smart Tender Platform http://bid.ansteel.cn to download the electronic procurement documents from 09:30 on April 8, 2025 to 09:30 on April 11, 2025 (Beijing time, the same hereinafter). Click to view tender details: 》Panzhihua Steel Vanadium Slag Agent (Improved Type) Procurement Announcement

【SMM Vanadium Express】HBIS Group's technical team successfully developed a new generation of vanadium-aluminum alloy, which has been certified by a major domestic aerospace material supplier for trial application.