Jinpu Titanium Industry: Subsequent production capacity planning will focus on the development of the titanium dioxide industry and achieve production capacity restructuring and expansion through peer mergers and acquisitions

On November 7, Gimpo Titanium disclosed the investor relations activity record form that its subsequent production capacity planning will mainly be through peer mergers and acquisitions, and the promotion of the chlorination method will also be included in future planning. Direct sales of titanium dioxide account for about 75%, and dealers account for about 25%. The products are mainly sold to coatings, pipe plastics, inks, rubber, decorative paper and other fields. The procurement sources of titanium ore mainly include Chengde Mine, South African Mine, Norway Mine and Egyptian Mine. Prices have been relatively stable throughout the year with little fluctuations. In view of the current market situation, the progress of iron phosphate units in new energy projects has slowed down, and the sulfuric acid units are advancing as planned. The company will generally focus on its main business, the titanium dioxide industry itself and its upstream development, and use capital to achieve the reorganization and expansion of titanium dioxide production capacity.