Baoti Shares: The titanium industry has greater market development opportunities in the new energy industry

The 2023 Investor Collective Reception Day for Listed Companies in Shaanxi and the 2022 Annual Performance Explanation Meeting will be held on May 16, 2023 at the Panorama Roadshow. Zhang Yansheng, deputy general manager of Baoti Co., Ltd.(600456), said at the event that the titanium industry will have greater market development opportunities in the new energy industry in the future. The company actively pays attention to the development trends in this area and carries out technical research on titanium for hydrogen fuel cells. The developed titanium special for hydrogen fuel cells has been successfully used in hydrogen passenger cars.

According to public information, Baoti Co., Ltd. is China's largest titanium and titanium alloy production and scientific research base and a national high-tech enterprise. The company specializes in titanium processing business and has developed into the largest titanium processing enterprise in China. The company's product structure is relatively complete, covering plates, pipes, bars, wires, etc. It is currently the only company in China with a complete industrial chain of cast-forging-titanium processing. The company is the most important manufacturer in the field of titanium processing in China, with a prominent position in the industry. The titanium products produced by the company are widely used in chemical, construction, aerospace, shipbuilding, medical and other fields.