News on March 25, XAXB Special Alloy Material Company issued an announcement that the company successfully IPO on the Shanghai Stock Exchange
The company was established in 2003 with a total area of 721 acres and a registered capital of 33.207 million yuan. The company is the main R & D and production base of special titanium alloy materials for aviation in China, and the only international low-temperature superconducting alloy bar and wire production company. The company has successively built the international advanced level professional production line of high-end titanium alloy bars for aviation, and the first-class and domestic only NbTi and Nb3Sn low-temperature superconducting wire production lines. Now it has an annual production capacity of 3,500 tons of bar, 400 tons of NbTi, Nb3Sn low temperature superconducting wire.