Tianyuan shares: the second phase of titanium dioxide by chlorination process is expected to be completed in July.

Recently, Oriental Securities, Western Securities and other institutions went to Tianyuan to investigate shares. This survey mainly focuses on the chlorination process titanium dioxide and ternary cathode material project.

In terms of titanium chloride, Tianyuan shares said that the company's production of chlorinated titanium dioxide has the advantage of natural chlorine resources, and the chlorine needed for the production of chlorinated titanium dioxide is transported through pipelines by neighboring holding subsidiaries Haifeng and Rui. supporting public works resources and equipment are also provided by Haifeng and Rui. At the same time, the company has also realized the transformation of low value-added chlorine resources, not only to achieve industrial upgrading, but also to improve the economic value of chlorine resources. At the same time, the company has the advantages of chemical engineering construction and transformation for more than 70 years, and has a complete set of systems and resource conditions for the production of chlorinated titanium dioxide. The company is also organizing technical research and development to use the titanium ore resources in Panxi region for the production of chlorinated titanium dioxide to ensure the supply of raw materials. The first phase of the company's annual output of 50,000 tons of chlorinated titanium dioxide plant has been able to produce products of good quality, high stability and high customer acceptance, indicating that the technical and market risks of the chlorinated titanium dioxide plant have been completely released. At present, the product quality is good, can reach the domestic advanced level. At present, the customers developed by chlorinated titanium dioxide are mainly paint and plastic customers, and they have been supplied to many well-known paint and plastic manufacturers in China. The construction of the chlorination titanium dioxide expansion project (the second phase of the project) has begun and is expected to be completed in July. The commissioning of the chlorination titanium dioxide expansion project (the second phase of the project) will reduce the unit production cost of the whole plant and improve the profitability. At the same time, the company will increase the variety and brand of products, so the ability of product production and regulation will be greatly enhanced. At present, the titanium dioxide market is good, with the second phase of the project put into production, the company's performance is bound to form a new support.

In addition, the company actively layout the lithium plate, Yibin Libao products are mainly NCM523, MCN622, NCM811 and NCA, production capacity of 20, 000 tons / year, has reached full capacity operation. Yibin Libao is 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. At the same time, we are pressing ahead with the expansion of the project, which is expected to add 10,000 tons of production capacity by the end of this year. The planned production capacity of Yibin Libao ternary cathode material is 100000 tons, and the specific project progress will be determined according to the actual situation of the development of the enterprise.

In addition, in response to the previous Yunnan power restrictions affected, Tianyuan shares said that on June 9, the company's calcium carbide production enterprise Daguan Tianda has gradually resumed production. June 12, 2021, the company in the Yunnan region of Yunnan Tianli Coal Chemical Co., Ltd. and other two calcium carbide production enterprises also fully resume production. At present, the total operating load of the three calcium carbide production enterprises has reached 85%, and it is expected that they will have full-load production conditions in late June.

In addition, Tianyuan shares also said on the interactive platform that the recent price increase of yellow phosphorus in China will have a positive impact on the company.

Tianyuan shares soared to 12.35 yuan a share in May and then quickly pulled back, which has fallen by more than 20% since the beginning of June, but Tianyuan shares did not respond to a rapid pullback. Earlier, the company forecast half-year results in April and expected a net profit of 270 million to 300 million. With the soaring prices of major products such as titanium dioxide, PVC, yellow phosphorus, water and hydrazine in May and June, the company's comprehensive cooperation with the lithium battery business of the Ningde era has had a more positive impact on the company's performance. It is expected that the semi-annual report of Tianyuan shares will have more gratifying results.