Recently, Shaanxi Dingyi Technology Co., Ltd. (referred to as "Dingyi Technology") has completed round B financing led by Heling Capital, Xi'an High Investment, Xi'an Caijin, Shaanxi Financial Investment, Zhongshi Capital, Hainan Runyi, Huaruo OneWorld and other institutions. As a shareholder of continuous investment and Ling Capital, we continue to be optimistic about the future growth space of Dingyi Technology.

This financing provides strong support and promotion for Dingyi Technology in the field of global titanium alloy processing and manufacturing.

01. Company profile

Shaanxi Dingyi Technology Co., Ltd. (hereinafter referred to as "Dingyi Technology"), founded in March 2004, is a special brand titanium alloy material specializing in the field of increasing materials manufacturing. Set research and development, production, sales, service in one of the domestic and international core suppliers of titanium alloy materials, the company is headquartered in Xi'an High-tech Zone. It has passed AS9100D, EN9100 US and EU aviation quality certification, ISO13485 international medical implant product quality certification, ISO14001 environmental management system and ISO45001 occupational health and safety management system certification.

02. Industry status

1) Market scale: rapid growth and high-end industrial structure

Titanium has a wide range of applications because of its excellent properties. It is not only a key supporting material in the field of aviation, aerospace and other cutting-edge science and technology, but also an important basic material for traditional industrial transformation and technological innovation and development.

In recent years, thanks to the breakthrough of production equipment and technical capacity, as well as the demand of downstream aerospace, warships, high-end chemicals and other middle and high-end fields, the scale of titanium market is growing rapidly. According to the statistics of the titanium, zirconium and hafnium branch of the China Nonferrous Metals Industry Association, the output of titanium in China in 2021 was about 135900 tons, an increase of 40.10% over the same period last year. In the last five years (that is, 2017-2021), China's titanium production has an average annual compound growth rate of 25.16%, growing rapidly.

2) consumption structure: the demand in chemical industry accounts for half, and the demand in aerospace is growing rapidly.

Titanium and titanium alloy materials are widely used in chemical industry, aerospace, electric power, sports and leisure and other fields. The development of downstream application fields has a direct impact on the market demand and technological innovation of titanium and titanium alloys. According to the statistics of the titanium, zirconium and hafnium branch of the China Nonferrous Metals Industry Association, the sales volume of titanium in China was about 124500 tons in 2021, an increase of 32.98% over the same period last year. From 2017 to 2021, the sales volume of titanium in China has an average annual compound growth rate of 32.98%, which is growing rapidly. Among them, chemical industry is the largest application area, accounting for 47.08% in 2021, aerospace ranked second, accounting for 18.04%, and electric power ranked third, accounting for 6.05%. In the field of chemical industry, titanium is widely used as anti-corrosion material in the production of chlor-alkali, soda ash and plastics because of its excellent corrosion resistance. However, due to the stricter environmental protection policy and accelerated clearance of backward production capacity, the consumption of titanium and titanium alloys in the chemical industry tends to be stable.

03. Company development

Over the years, the global breakthrough titanium alloy and superalloy titanium wire processing technology independently developed by the company has realized the patent closed-loop technology control of the whole production process and has more than 40 authorized intellectual property rights. Through nearly 20 years of deep ploughing in the industry and continuous exploration of customer demand, Dingyi Science and Technology has broken through the technical barriers in every link of the titanium alloy industry chain, and has become the first export of titanium wire for manufacturing. Dingyi Science and Technology strives to occupy the commanding heights of future science and technology and industry, promote the localization process of core technology, and is determined to become a global expert in titanium alloy manufacturing.

In recent years, Dingyi Technology has become the world's top manufacturing companies, as well as the world's top 3C products companies qualified supplier, in research and development and quality control has become a first-class enterprise in the industry.

Through this round of financing, the company will further expand the production line and improve production capacity and production efficiency. The new production park is located in Baoji City, Shaanxi Province (near the old factory area), covering an area of 150 mu, with a total production workshop area of 20,000 square meters. The total design capacity is 3600 tons and will be put into production in the fourth quarter of 2024, when the simultaneous operation of the new and old plants will be formed. Both the new and old factories have been certified by the top international aircraft manufacturers, and the supply system is very stable. It provides a strong foundation and guarantee for the future international market demand.

With the growth of the demand for high-end materials, Dingyi Technology, as a leading first-class enterprise in the industry, will usher in a broader market and development space.

Heling Peer (Xi'an) Private Equity Fund Co., Ltd. (hereinafter referred to as: Heling Capital), founded in October 2021, is a private equity management company focused on private equity investment and based on the concept of "working with Ling to create value together". A private equity management company that discovers and enhances the intrinsic value of Chinese companies. Heling Capital focuses on investment in life science, new materials, high-end manufacturing, new energy and other fields, goes deep into industry research, uses efficient investment strategies, helps enterprises to give full play to their maximum potential, and promotes industrial development in multiple dimensionals. committed to investing in the high-quality enterprises with the most investment value and growth potential in China.