Bao Ti Shares: Domestic Titanium Enters Boom Cycle

- Nov 21, 2018-

Bao Ti Shares: Domestic Titanium Enters Boom Cycle

On  November 8, Bao Titan Co., Ltd. (600456) released a record of investor  relations activities. The company believes that with the adjustment of  the national economy structure and industrial upgrading, especially the  upgrading of weapons and equipment, the demand for titanium materials  will increase. In  the next 5 to 10 years, the adverse impact of the financial crisis on  the economy will surely weaken. With the development of aerospace,  aviation, high-tech and other fields, the demand for titanium in the  world will gradually resume growth; the demand for titanium in the  domestic market will show The steady growth trend will promote the sustained and stable development of the domestic titanium industry.

Baoti  Titanium Co., Ltd. is China's largest specialized research base for the  production of rare metals based on titanium and titanium alloys. The  company's leading products include processed materials of titanium and  its alloys and deep-processed non-ferrous metals based on metal  composites. Sponge  titanium ore mining to the complete titanium industry chain of  smelting, processing and deep processing, equipment manufacturing, with a  production capacity of 20,000 tons of titanium processing materials, is  one of the four major titanium alloy professional processing  enterprises.

Bao  Titan Co., Ltd. said that in the first half of 2018, the company's  product order quantity and sales revenue increased, and its operating  conditions improved significantly. In  terms of product market, titanium for construction and living has made  progress; the “five-fix” work of the Ministry of Civil Products has been  successfully completed, and the sales team has been built according to  product varieties to promote the reform process and performance of the  production units of the civilian products industry. In foreign trade,  foreign trade has been completed in the first half of the year. The  Ministry of Remuneration Reform Program effectively mobilized the  enthusiasm of employees and boosted the growth of orders in the first  half of the year.