Recently, Xinjiang Xiangrun New Material Technology Co., Ltd.'s project in Hami High-tech Industrial Development Zone is progressing smoothly. Its annual output of 30,000 tons of titanium and titanium alloy project is steadily advancing and is expected to be put into production by the end of this year. With the implementation of this project, the company's annual titanium sponge production capacity will be significantly increased to more than 100,000 tons, and the annual production capacity of titanium and titanium alloys will also reach more than 50,000 tons, further consolidating its leading position in the titanium industry.

In the Southern Circular Economy Industrial Park of Hami High-tech Industrial Development Zone, Xinjiang Xiangrun New Material Technology Co., Ltd. has well-organized factories and orderly production operations. According to Liu Honggui, deputy general manager of the company, the new project not only expands the scale of production, but also adopts the world's most advanced processes and equipment, demonstrating the company's strength in technological innovation.

As a high-quality metallic material, titanium is widely used in many fields such as aerospace, ship manufacturing, transportation and power due to its light weight, high strength and excellent corrosion resistance. With its rich mineral resources, especially the predicted resource reserves of vanadium-titanium magnetite, Hami City ranks among the top in the country, providing unique conditions for the development of the titanium industry.

Since settling in Hami in 2013, Xinjiang Xiangrun New Material Technology Co., Ltd. has developed into the first enterprise in China to realize the entire industrial chain of "titanium titanium-sponge titanium-processed products-titanium products", and has become the largest and most in Xinjiang. Large-scale titanium industry base. In 2023, the company's output of sponge titanium and titanium materials ranks among the top in the country, injecting strong impetus into the development of the titanium industry in Hami City and even the entire Xinjiang.

In order to promote the intelligent and green transformation of the industry, Xinjiang Xiangrun New Materials Technology Co., Ltd. has also established the Xinjiang Titanium-Based New Materials Engineering Technology Research Center, which uses 5% to 6% of sales revenue for research and development every year. In 2024, the company plans to carry out nearly 30 scientific research projects focusing on the utilization of high-quality and efficient titanium resources, intelligent and green production processes and product diversification, and lead industrial development with technological innovation.

Hami City is actively seizing this development opportunity, focusing on promoting the integration of new materials and green electricity consumption, and is committed to building a 30-billion-yuan new materials industry base. Dou Rencai, deputy director of the Industry and Information Technology Bureau of Hami City, said that in the future, Hami City will continue to accelerate the development of the new materials industry, and strive to build an important new materials industry cluster in Xinjiang by promoting the construction of major projects, giving full play to the leading role of leading enterprises, and transforming and upgrading existing technological and technological levels.