On July 30, some investors asked Longbai Group a question on the interactive platform: Hello, the Party Central Committee of the Third Plenary Session of the 20th CPC Central Committee pointed out the plan for future development. May I ask Longbai how to become bigger and stronger in the face of the complex and ever-changing international situation and domestic real estate downturn???
The company replied: In recent years, in the face of the complex and ever-changing international situation and the downward trend of domestic real estate, the company has adhered to the two-wheel drive development model of M & A expansion and endogenous growth, and relied on technological innovation and efficient operating model to build a high-quality industrial development system covering "titanium, zirconium, vanadium, iron, scandium" and other element-related products. Based on the concept of the entire industrial chain, large circulation, and low cost, the large-scale equipment is carried out throughout, the industrial chain is integrated, and costs are continuously reduced."Scale effect, circulation effect, and innovation effect" have laid the core advantages of differentiated and low-cost and created a moat.