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Jintian Titanium Industry is about to hold a science and technology innovation board meeting

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February 4, 2024, 4:15 PM

Recently, the official website of the Shanghai Stock Exchange showed that Hunan Xiangtou Jintian Titanium Technology Co., Ltd. will hold a meeting on February 1.

The prospectus shows that Jintian Titanium was established in 2004 and is a high-tech enterprise mainly engaged in the research and development, production and sales of high-end titanium and titanium alloy materials. Its main products are titanium and titanium alloy bars, forged blanks and parts, which are mainly used in high-end equipment fields such as aviation, aerospace, ships and weapons.

It is reported that titanium is called the "all-round metal" among metallic materials. It is the "third metal" with great development prospects after iron and aluminum. It is a refractory light metal and one of the important strategic metals in the country.

Titanium alloys are alloys formed by adding other elements such as aluminum, tin, vanadium, molybdenum, and niobium based on titanium to adjust the matrix phase composition and comprehensive physical and chemical properties. Due to the complex melting and processing technology and high technical content involved in titanium and titanium alloys, only four countries in the world, the United States, Russia, Japan, and China, have mastered complete titanium industry production technology.

In 2022, China's titanium sales volume in the aerospace field will be approximately 33,000 tons, and Jintian Titanium's titanium sales volume in the aerospace field in 2022 will be approximately 2,060.00 tons. Based on this calculation, Jintian Titanium's titanium alloy products will be in China's aerospace field. The market share of the titanium market is approximately 6.24%.

Based on production capacity building, Jintian Titanium Industry has developed into one of the few R & D and production bases in China that can provide important aerospace titanium alloy materials after years of deep cultivation in the titanium alloy industry.

With its good reputation and excellent product quality, the company has accumulated rich and high-quality customer resources.