Advocate to lead industry development and share value growth--Longbai Group holds investor exchange activities

In order to strengthen the communication between Longbai Group and investors in the capital market, and improve the visibility and reputation of the enterprise in the capital market, June 8-10, 2023, the company held "conference + visit" investor exchange activities in colorful Yunnan and Panzhihua in Huacheng. Group Chairman and Benliu, Vice Chairman Xu ran, Director and Chief Financial Officer Shen Qingfei, Director and Vice President of Research and Development Chen Jian, Director, Board Secretary and Vice President Wang Xudong attended. More than 70 well-known Chinese securities analysts, institutional investors and securities times, Dahe CaiCube, people's Daily, Shanghai Securities News, Xinhuanet, Securities Daily and other media reporters were invited to participate in the event. Group leaders and participating investors held a "high, in-depth and broad" discussion and exchange.
At the forum, the chairman and Benliu made a wonderful speech, and on behalf of Longbai Group, he extended a warm welcome to the guests and friends from the media. I would like to express my sincere thanks to people from all walks of life who have been concerned about Longbai's development for a long time. He said that since the company went public in 2011, adhering to the mission of "creating a beautiful life in titanium and being a respected enterprise", the company has always focused on the research and development of titanium products and their derivatives to achieve titanium, zirconium, lithium and vanadium. With the support of capital market, we actively build a global R & D, production and operation network, rapidly develop into a global leader in titanium dioxide and sponge titanium industry, and continuously improve our ability to serve human society by relying on technological innovation and efficient operation mode, continuing to ploughing in the field of new materials, relying on the support of capital market.
In recent years, the Group attaches great importance to industrial innovation, aims at advanced and key technologies in the industry, integrates resources and continuously tackles key problems, and makes breakthroughs in "three major neck technologies", such as large-scale boiling titanium chloride technology, chlorinated raw material localization technology and aviation rotor sponge titanium technology, to break the external technology blockade and monopoly, and quickly realize technology industrialization and industrial scale.
Among them, large-scale boiling titanium chloride technology has many outstanding advantages, such as short technological process, little environmental pollution, large production scale and good product quality. it is a technological process advocated by the national green development strategy and leading the direction of industrial transformation. At present, the Group has successfully operated two major chlorination titanium dioxide bases in Jiaozuo, Henan and Chuxiong, Yunnan, with a total production capacity of 660000 tons per year, and plans to build a 200000 ton / year chlorination titanium dioxide project in Panzhihua. Relying on the strong manufacturing capacity of large-scale boiling chlorination titanium tetrachloride, the company's titanium sponge industry has risen rapidly and achieved from scratch, from small to large, from weak to strong in just three years, and its production capacity ranks among the best in the world, contributing to the development of titanium in China.
Relying on the rich vanadium-titanium magnetite resources in Panzhihua area, the group continues to tackle the domestic technology of chlorinated raw materials. Over the years, through tackling key technical problems and integrated innovation in mineral processing, metallurgy and chemical industry, key technical problems such as mineral processing, quality improvement and impurity reduction, high-power electric furnace smelting, large-scale boiling chlorination and so on have been solved. Panxi titanium concentrate was successfully transformed and upgraded to titanium chloride slag and chlorinated titanium dioxide was prepared, which solved the problem that China's titanium chloride raw materials were heavily dependent on imports, and served the security of national strategic resources. Support the quality upgrading and green development of domestic titanium industry, and effectively enhance the ability of China's chlorination technology to participate in global competition.
In the future, Longbai Group will actively respond to the call of the national green industry in the new era, solidify the production mode with chlorination technology as the main body, gradually upgrade the existing sulfuric acid process process, and no longer add or expand the sulphuric acid process titanium dioxide project. to create a clean, environmentally friendly and first-class titanium dioxide production base of the whole industrial chain, highlighting the responsibility and responsibility of the high-quality development leaders of the global new materials industry.

At the meeting, Song Tao, chief of Shenwan Hongyuan Chemical Industry, made a research report on the "depth of titanium industry chain" around the supply and demand of titanium dioxide. He said that in recent years, the supply and demand of raw material ilmenite continues to be tight, and the development of chlorination production capacity is the general trend. In terms of titanium dioxide demand, the Chinese market is under short-term pressure, and there is plenty of room for medium-and long-term repair, and exports will support China's titanium dioxide demand.
Chen Jian made a report on "Science and Technology empowering to build a highly competitive Chinese Titanium dioxide Brand with Longbai characteristics", focusing on the group's scientific and technological innovation capability, green circular development, advanced production technology and so on. He said that the group adheres to scientific and technological innovation and spends 10.14 on research and development in 2022. 100 million yuan is a powerful engine for the high-quality development of enterprises. At the same time, the Group insists on "investing in good projects" and "M & An expansion", greatly increasing the production capacity of chlorinated titanium dioxide and putting it into the market, thus greatly reducing China's dependence on titanium dioxide imports. After years of development and continuous optimization, the group chlorinated titanium dioxide has been maturely used in various fields, has been recognized by the leading enterprises in various fields, and established a long-term cooperative relationship. In addition, the Group has stepped up research and development, pioneered sulfur-chlorine coupling technology, vertically integrated production, and realized the circulation, efficiency and cleanliness of the sulfuric acid process titanium dioxide process.
Xu ran, vice chairman of the group, made a report on "Market Analysis of Titanium dioxide and Global Business Development Strategy of Longbai Group", comparing the advantages of sulfuric acid process and chlorination process in terms of production process, raw materials, market and value of titanium dioxide. And in-depth analysis of the relationship between supply and demand of titanium dioxide market, production costs, technical advantages and future overseas development. She said that the chlorination industry chain of Longbai Group has formed a vertically integrated industrial pattern and adopted a flexible and active raw material strategy with outstanding advantages. She introduced the company's international titanium dioxide supply chain, Longbai global titanium dioxide sales regions and exports, especially pointed out: in recent years, Longbai titanium dioxide overseas chlorination sales are growing rapidly, fully demonstrating Longbai's strong development strength and its ability to participate in global competition.
Shen Qingfei made a report on "Comparative Analysis of Titanium dioxide in the same Industry outside China and Longbai's growth Plan", which was introduced from six aspects: industry profile, group planning, asset profit, financial stability, profitability and operating ability. He said that through peer comparative analysis, Longbai Group's main business titanium dioxide has a greater competitive advantage in the industry regardless of product price or cost. In terms of assets and profits, Longbai Group has obvious advantages among Chinese titanium dioxide enterprises, with a revenue of 24.1 billion yuan in 2022, a record high; the group's total assets are nearly 60 billion yuan, and its market capitalization and profit margin lead its counterparts outside China. It has strong profitability and anti-risk ability.
During the discussion and exchange session, the group leaders interacted enthusiastically with investors, answering questions one by one, focusing on the company's current business model, strategic planning, future development potential and other aspects of in-depth communication. The investors at the meeting praised the operating results of Longbai Group since its listing.
After the meeting, investor representatives visited Yunnan base and Panzhihua base to learn about the technical advantages and industrial development of the company's titanium dioxide chloride, sponge titanium, mine and titanium chloride slag production lines, which further strengthened the confidence of investing in Longbai.
The successful holding of this investor event not only fully demonstrated the group's excellent management ability and market competitiveness to institutional investors, but also showed the group's broad development space and strong development potential. The interaction between the two sides has injected strong energy into the high-quality development of the capital market.
In the future, under the guidance of the "green development" strategy, the Group will continue to improve its core competitiveness, build its own hard power, further improve the industrial portfolio of green "new materials", and consolidate its leading position in the global titanium dioxide industry. optimize and upgrade the regular communication and exchange mechanism with investors, grasp the ties of investor relations, fully link the capital market, and strive to write the brilliant chapter of "one hundred years of Excellence in the World".