Is The Baoti Wanhao Mixed-ownership Reform A Powerful Alliance?

At 10:00 AM on August 26th, the mixed-ownership reform company jointly established by Baoji Titanium Co., Ltd. (Baoti), a state-owned enterprise in Baoji, China's "Titanium Valley," and Shaanxi Wanhao Titanium Special Materials Technology Co., Ltd. (Wanhao Titanium), a private enterprise, was officially unveiled. It was reported that Baoti acquired a 51% stake in Wanhao Titanium through a capital increase and share expansion. Wanhao Titanium thus became a holding subsidiary of Baoti and was renamed "Shaanxi Baoti Wanhao Titanium Co., Ltd." (Baoti Wanhao).

 

Li Zhanpeng, General Manager of Baoti Wanhao, stated that Wanhao Titanium possesses advanced equipment, including a 30,000-ton titanium ingot melting capacity, EB furnaces, and rapid forging, making it a leader in titanium ingot melting capacity in China. With this advanced equipment, Wanhao Titanium primarily engages in the processing of titanium and titanium alloy ingots, finished ingot casting, domestic and international trade, and the customization of special ingots. Baoti Group also has strong technical expertise. After the mixed-ownership reform, Wanhao Titanium's advanced equipment will receive solid technical support in quality inspection, chemical analysis, R&D innovation, and smelting technology, helping Baoti Wanhao move toward high-quality, efficiency-driven development.

 

An excellent mixed-ownership reform is indeed a powerful alliance. As the saying goes, "A good horse deserves a good saddle." The integration of Wanhao Titanium's advanced equipment with Baoti Group's technical strength will fully unleash the potential of Wanhao's equipment while giving Baoti's technical team a platform to demonstrate their expertise. Advanced equipment and outstanding technical talent are a perfect match. We look forward to Baoti Wanhao and Baoti working together to reach new heights and contribute to the growth of China's titanium industry.