On the morning of October 17th, the signing ceremony of SXXB Advanced Materials Technology Group and XAXB Metal Materials Technology Group for the capital increase and shareholding of LNCY Titanium Technology Group was grandly held, which opened a good start for further achieving complementary advantages, resource sharing, and mutual benefit.
About SXXB Advanced Materials Technology Group
SXXB is one of China’s major suppliers of titanium and alloy materials for aviation and military industry. It is the first listed company on the Science and Technology Innovation Board. It provides supporting products for China’s multi-model new generation fighters, ships and nuclear fusion reactors. It is a downstream industry of sponge titanium. The best companies make the most important and outstanding contributions to the military industry and national defense.
About XAXB Metal Material Technology Group
XAXB is mainly engaged in the research and development, production and sales of rare metal materials. It is one of the early listed companies in the industry. High-end military titanium alloy sheets and pipes are its important development direction. It is one of the main suppliers of China's military industry, nuclear power, marine engineering and other important fields and many national large-scale projects.
About LNCY Titanium Technology Group
Founded in 2006, LNCY is China's leading aerospace and military titanium sponge production base. The company has two industrial parks in the north and south, with more than 650 employees, with an annual output of 20,000 tons of titanium sponge and 80,000 tons of anhydrous magnesium chloride. The high-quality, small-size titanium sponge products independently developed by the company are favored in important fields such as national defense and military industry. , And is widely used in high-end fields such as aviation, aerospace, and shipbuilding. The products are exported to more than 20 countries and regions at home and abroad, and the output and quality rank first in the industry.
The company has always adhered to scientific and technological innovation, and has successively won the "National High-tech Enterprise, the first batch of manufacturing single champion cultivation enterprises issued by the Ministry of Industry and Information Technology, the National Torch Program Industrialization Demonstration Project of the Ministry of Science and Technology, the Second Prize of China's Nonferrous Metals Industry Science and Technology Progress Award, etc. Provincial and ministerial level "honor." The company has 61 patented technologies.
The company has mature, efficient and stable production technology, advanced testing methods and strong technical force. The laboratory center has been rated as "Provincial New Material Engineering Technology Research Center" and "Provincial Enterprise Technology Center". Has successively been certified for quality management system, GJB9001 national military standard quality management system, AS9100 aerospace quality management system certification.
The company is currently the vice-chairman unit of the Titanium Zirconium-Hafnium Branch of the China Nonferrous Metals Industry Association, and the vice-chairman unit of the Titanium Industry Progress, and it ranks among the top in the industry.
The strategic cooperation between enterprises in the titanium alloy industry chain has taken an important step in the strong alliance between the Northwest and Northeast. Both parties will stand at a new starting point and establish a strategy for China`s titanium industry from raw material security to material quality improvement to high-end The applied new benchmark will also play a greater role in promoting the development of enterprises and the high-quality development of the local economy.