BAOJI TITANIUM INDUSTRY CO., LTD.

Baoji Titanium Industry Co., Ltd. (BAOTI, stock code: SHA 600456) is China's largest titanium and titanium alloy manufacturer and one of the world's leading producers of rare metal products. Founded in 1999 as a subsidiary of BAOTI Group (established 1965), the company is publicly listed on the Shanghai Stock Exchange. BAOTI operates ten integrated production lines covering titanium sponge, melting, forging, plates, strips, seamless tubes, welded tubes, bars and wires, precision casting, and scrap recycling. With approximately 4,934 employees and annual titanium ingot capacity of 30,000 tons and titanium product capacity of 20,000 tons, BAOTI accounts for over 40% of China's total titanium output. The company's products serve aviation, aerospace, shipbuilding, petroleum, chemical, metallurgy, power generation, medical, and marine engineering industries. BAOTI holds quality approvals from Boeing, Airbus, Rolls Royce, SAFRAN, Bombardier, and COMAC, and exports to the United States, Japan, Germany, France, United Kingdom, Italy, Norway, Sweden, Singapore, India, South Korea, and other countries. Headquartered in the 'Titanium Valley' of Baoji City, Shaanxi Province, the company had 2024 revenue of approximately 6.66 billion CNY (about USD 920 million).