Baoti Co., Ltd.: The '14th Five-Year Plan' development goal is to form a production capacity of 50,000 tons of titanium products and a certain amount of zirconium, nickel and other metal products

On January 15, Baoti disclosed that the investor relations activity record sheet showed that the price of sponge titanium is mainly affected by many factors such as the main raw materials required for the production of sponge titanium, industry production capacity and downstream demand. The company pays close attention to the price dynamics of raw materials and formulates a reasonably expected procurement plan. The company's technical standards and quality system have reached the international advanced level, obtained quality systems and product certifications from many internationally renowned companies, and became an international third-party quality witness organization and analysis and testing base. Aerospace is an important application area for the company's products, and will increase the application proportion of products in aviation, aerospace, ships, deep sea and other fields in the future. The company has established a term system and a contractual management mechanism for corporate managers to reward or deduct penalties based on the achievement of goals. There is currently no plan related to equity incentives. The company's "14th Five-Year Plan" development goal is to form a production capacity of 50,000 tons of titanium products and a certain amount of zirconium, nickel and other metal products, consolidate and enhance the leading role of the industry, and build a strong international titanium enterprise.