On October 16, according to the announcement of Baoji Titanium Co., Ltd., the company plans to invest and establish a wholly-owned subsidiary Nanjing Baotai Co., Ltd. with its own funds of 50 million yuan.
Baoti Co., Ltd. said that after the establishment of the subsidiary, it will further consolidate the company's advantageous position in related product application fields, promote and expand the application scope of the company's products, and improve the competitiveness of the company's products.