Tianyuan Ternary cathode material Plant operates at full load the titanium dioxide industry develops steadily

Tianyuan shares issued a record sheet of investor relations activities on June 7, and the organization focused on the installation of ternary cathode materials in the company. The company said that the company's important shareholding company Yibin Libao ternary cathode material currently has a production capacity of 20,000 tons / year and is operating at full capacity. At present, we are pressing ahead with the expansion of the project, and it is expected to add 10,000 tons of production capacity by the end of this year. Yibin Libao is also vigorously promoting the development and application expansion of NCA and 811 series products, further grasping customer and market demand, and further increasing the market share of related products. Yibin Libao takes full account of the plant during its construction, so most of the production lines can meet the production demand of high-nickel products transferred in the future.

In recent years, Yibin has focused on the lithium industry as a strategic emerging industry, and is making great efforts to build a world-class lithium industry cluster and has made a breakthrough. At present, Yibin has built a complete industrial chain from "chemical raw materials-lithium salt-precursors-ternary cathode materials-battery-battery use scene (new energy vehicles and intelligent terminals)". The ternary cathode material produced by Yibin Libao is an important part of this industry chain, and the caustic soda produced by the company is also the basic raw material of the lithium industry chain. With the further expansion of the whole industry chain and the improvement of competitiveness, the company's opportunities for further development will also increase.

With regard to the company's consideration of signing a "comprehensive strategic cooperation agreement" with Ningde Times, Tianyuan shares said that Ningde Times is the world's largest manufacturer of new energy batteries, with strong scientific and technological research and development strength, and the influence of the market is also very great. With the continuous expansion of the industrial layout of Ningde era in Yibin, the future company and Ningde era will further deepen cooperation in the scale of business cooperation and technological research and development. The signing of the Comprehensive Strategic Cooperation Agreement is conducive to the formation of more stable business cooperation between the two sides and targeted targeted research and development of related products. At the same time, seize the opportunity of equity cooperation to achieve better development of Yibin Libao and support the strategic transformation of the company.

For the chlorination process titanium dioxide business, Tianyuan shares said that the company's production of chlorinated titanium dioxide has the advantage of natural chlorine resources, and the chlorination process titanium dioxide production enterprise is adjacent to Haifeng and Rui, a subsidiary of the company. The chlorine needed for the production of chlorinated titanium dioxide is transported by Haifeng and Rui through pipelines, and the supporting public works resources and equipment are also solved by Haifeng and Rui. At the same time, the company has advanced chlorination titanium dioxide production technology, good product quality, high stability and strong advantages. The company is also organizing technology research and development to use the titanium ore resources in Panxi region for the production of chlorinated titanium dioxide and broaden the source of raw materials.

At present, the customers developed by the company are mainly paint and plastic customers. with the commissioning of the chlorination titanium dioxide expansion project (the second phase of the project), the company will increase the variety and brand of the products. the ability of product production and regulation will be greatly enhanced.

At the same time, Tianyuan shares said that at present, Yunnan regional calcium carbide base is still mainly in the condition of power cut, only a small amount of calcium carbide is produced and the power load is unstable. At this stage, the company still mainly depends on the purchase of calcium carbide to ensure the maximum load production of chlor-alkali plant. At the same time, the company increases the output of chlorine-consuming products such as hydration wells, trichloroethane and other products to ensure the operation quality of the equipment to the maximum extent. Although the cost of purchasing calcium carbide has increased, it has little impact on the operating efficiency of the company through the adjustment of production operation.

Since the beginning of this year, the price of titanium dioxide has risen many times. Shengang Securities pointed out that considering that the consumption growth rate of titanium dioxide is closely related to GDP, with the gradual recovery of the global economy, the demand for titanium dioxide will continue to increase, and the industry business cycle is expected to continue.

Tianyuan titanium dioxide industry developed steadily in the first quarter. According to SMM, June 8, the average price of anatase titanium dioxide is 19250 yuan / ton, which has increased greatly in recent months.

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In addition, under the call of carbon neutralization during the 14th five-year Plan, new energy has become a hot spot. Yibin Libao has built a complete industrial chain from "chemical raw materials-lithium salts-precursors-ternary cathode materials-battery-battery use scenarios (new energy vehicles and intelligent terminals)" to develop ternary cathode materials. And Tianyuan shares signed a "comprehensive strategic cooperation agreement" with Ningde era, which is conducive to further expanding its new energy related industry business, further seizing market share and expanding development space. It is expected that the performance of Tianyuan shares will rise further in the second quarter.