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.