Baoji Taicheng Metal Composite Materials Co., Ltd. has maintained a solid strategic partnership with Xinjiang Xiangrun New Materials Technology Co., Ltd. for many years.Xinjiang Xiangrun supplies the titanium raw materials for our titanium alloy clad plates.Over the years,Xinjiang Xiangrun has delivered consistently high-quality raw materials with efficient shipment and delivery,fundamentally guaranteeing the quality of our finished clad plates.Recently,Xinjiang Xiangrun has been recognized as an Autonomous Region-level Champion Enterprise in Individual Manufacturing Products for its core products including low-oxygen,low-impurity high-grade titanium sponge and titanium strips,earning official authoritative recognition for its robust core competitiveness.
As China's first enterprise to build a fully integrated industrial chain covering titanium ore,titanium sponge, deep titanium processing and finished titanium products,Xinjiang Xiangrun boasts strong independent R&D capabilities.Focused on the R&D and production of high-end titanium raw materials,the company has independently developed large-scale smelting equipment and constructed the world's largest 20-ton reduction furnace,overcoming a host of industry bottlenecks and filling gaps in the domestic market with multiple product lines.Its superior-grade titanium sponge yield consistently exceeds 90%.The high-performance aerospace-grade titanium materials manufactured by the enterprise match imported equivalents in technical performance and can serve as a direct substitute for imported materials.
With a total investment of RMB 7.6 billion,the company currently boasts an annual titanium sponge output of 25,000 tons.Upon completion of its long-term capacity expansion plan,its annual titanium sponge production capacity will reach 100,000 tons,and the annual output of deep-processed titanium materials will surpass 50,000 tons, ranking it first nationwide in production scale.
China's titanium industry is currently marked by stark polarization.Most domestic production capacity is concentrated on low-end conventional titanium products,resulting in overcapacity,cutthroat market competition and low overall plant operating rates.Meanwhile,more than 80% of specialty titanium materials applied in high-end sectors such as aerospace,high-end medical devices and deep-sea equipment still rely on overseas imports,leaving the domestic high-end titanium material segment long constrained by foreign enterprises.Industry statistics indicate that domestic demand for high-end titanium materials in aerospace and ocean engineering will reach 75,000 tons and 15,000 tons respectively by 2030,with annual average demand growth exceeding 10% in the next three years,representing enormous development potential.China's total titanium sponge output already accounts for 65% of the global total,supported by massive production capacity,making industrial transformation and upgrading an urgent priority.
Leveraging its integrated full industrial chain advantages,Xinjiang Xiangrun exercises strict quality control over raw materials at the source.It can break the bottleneck of relying on imports for high-end titanium raw materials and accelerate import substitution,while driving transformation and upgrading across the entire domestic titanium industry and phasing out backward low-end production capacity.On the global stage,high-quality domestic titanium materials are gradually gaining pricing power,capable of competing head-to-head with leading titanium enterprises from Europe,the United States and Japan,reshaping the global supply landscape for high-end titanium materials.
Backed by stable supply of premium upstream raw materials,Ticheng Metal will keep optimizing its manufacturing technologies for clad plates,deepen its layout in high-end supporting sectors including marine engineering,chemical industry and pressure vessels,and develop high-quality domestically manufactured titanium composite products.
