Continuous innovation stimulates vitality| Last year, Baoti Group's profit increased by more than 20% year-on-year

 Recently, good news came from our city's titanium industry: Baoti Group achieved another success. Last year, the output of titanium products reached 34,900 tons, with a total profit of 808 million yuan, and the profit increased by 23.7% year-on-year.
  Since last year, Baoti Group has taken the initiative to respond to challenges such as declining demand for titanium materials in China, industry structural adjustments, and large fluctuations in raw material prices. Relying on its technological advantages, it has stimulated corporate vitality through continuous innovation and continuously climbed the peak of industry technology. The company has built a number of high-quality production lines such as aerospace grade wide-width titanium alloys and nickel-based alloys, which has greatly improved the production capacity of titanium materials, broadened the scope of product specifications, and achieved the import substitution of "stuck neck" materials.
  In terms of scientific research and innovation, Baoti Group has won 29 patents and two provincial and ministerial scientific and technological achievement awards. Titanium products have helped the successful launch of the Shenzhou 16 manned spacecraft. The "Shaanxi Province Titanium-Nickel Materials Innovation Center" created has passed the Provincial Department of Industry and Information Technology. These fruitful results have become a powerful driving force for enterprises and laid a solid foundation for enterprises to seize market share. Baoti Group has been rated as "Excellent Supplier" and "Gold Medal Supplier" by 17 well-known companies such as Comac Corporation and Ningbo Green Motion Company, and large orders continue to flow.
  At the same time, Baoti Group actively explores the aviation field and electronic information application markets, actively integrates into the "Belt and Road" construction, expands titanium exports, further increases market share, and expands brand influence. Foreign trade order volume and order volume have both increased significantly year-on-year.