Baose shares: leading high-end special materials equipment

As the first listed industry leader in the field of high-end special materials and equipment, Nanjing Baose Co.
, Ltd.
(abbreviated as Baose Co.
, Ltd.
) takes "specialized materials, large-scale, high-quality, and internationalized" as the goal, and has gone out of its own way.
The road of innovation and leapfrog development has not only realized the "specialized and large-scale" products, but also achieved "zero breakthrough" in a number of large-scale specialty chemical core equipment
.

Recently, the high-quality development research team of listed petroleum and chemical companies of China Chemical News Agency entered this high-end special materials equipment manufacturing company

Focus on special materials research and development

　Focus on special materials research and development　focus on special materials research and development

Achieve "zero breakthrough" in multiple fields

Achieve "zero breakthrough" inmultiple fields

Since its establishment, Baose has been based on independent innovation, and its achievements are obvious to all
.

For more than 20 years, they have not only accumulated a large amount of manufacturing experience in special materials and non-standard equipment, but also mastered more than 40 key technologies for large and heavy equipment manufacturing including advanced welding technology for titanium, nickel, zirconium and alloy equipment, and titanium tube strength expansion technology.

One by one engineering cases have verified the "skills" of the enterprise
.

In 2018, the company completed the manufacturing of key titanium complete sets of equipment such as reactors and condensers for the 6 million tons/year PTA project of Rongsheng Group, which consolidated the company's position in the field of PTA equipment manufacturing; in 2019, it undertook and completed Huayue Nickel Cobalt The core equipment of the wet process project-a high-pressure reactor with a unit weight of more than 900 tons.

　　The research team learned that many of the equipment orders undertaken by Baose Co.
, Ltd.
are all made for the first time in terms of structure or size specifications.
This is a test of the company’s design, process and manufacturing level, and the technical content requirements of the equipment are also increasing.
Higher
.

For example, the oxidation reactor unit for the MMA project with an annual capacity of 50,000 tons, the oxidation reactor for the PTA project with an annual capacity of more than 2 million tons, especially the zirconium tower and titanium condenser for the largest acetic acid project in China are even more important to the company.

　　"The achievement of these achievements is entirely dependent on the company's scientific research platform that combines production, learning, and research
.

The company has constructed the Jiangsu Non-ferrous Metal Pressure Vessel and Pipe Engineering Technology Research Center, Jiangsu Enterprise Technology Center, academician workstations, and graduate workstations

　　According to reports, relying on the research and development platform, Baose Co.
, Ltd.
undertakes the application of a new mode of intelligent manufacturing of marine engineering equipment and marine titanium and titanium alloy key components, research on titanium alloy sheet surface forming welding accuracy control technology, and research on titanium alloy structure forming and heat treatment process.
Three national-level projects and the completion of the on-site construction of large-scale PTA devices have successfully solved the key points of digital intelligent equipment application, titanium laser welding, intelligent welding of heat exchange tubes and tube sheets, and strength expansion of titanium thin-walled heat exchange tubes.
Technical difficulties provide strong support for the company's high-level manufacturing of engineering equipment
.

　　In 2019, the company entered a period of rapid growth, and its output value increased by 24% year-on-year; net profit increased by more than 100% year-on-year, passing the 1 billion yuan mark
.

This is an important milestone in the development history of Baose

　　Be professional and strong

　Be refined, specialized and strong　refined, specialized and strong

　　Multi-project verification technical strength

　　Multi-project verification technical strength　　Multi-project verification technical strength

　　At present, there are hundreds of large-scale enterprises specializing in non-standard special materials and equipment in China, but there are not many enterprises with an annual output value of 500 million yuan.
Baose Co.
, Ltd.
is one of them.
The company's output value in 2020 is 1.
23 billion yuan
.

　　The company’s vice president Liu Hongyan told the research team that during the "13th Five-Year Plan" period, the mega-tonne PTA device and 40 million-ton large-scale oil refining device included in the country's major technical equipment produced by the company have brought strong support to the company's performance growth
.

　　According to the research team's understanding, during the "13th Five-Year Plan" period, Baose Co.
, Ltd.
has signed a number of large-scale key PTA, PDH, and complete equipment orders for large-scale refining and chemical projects from leading domestic chemical companies
.

In the PTA field, the company has signed complete equipment orders with Zhongtai Chemical, Yisheng New Materials, Xinfengming Group, Jiangsu Honggang Petrochemical, Sinopec Yizheng Chemical Fiber and other customers; in the PDH field, it has signed orders for complete sets of equipment with Zhejiang Petrochemical, Satellite Energy, and Serbon , Hongji Petrochemical and other customers signed key equipment orders

　　In addition, the company also actively participates in international market competition, especially in the manufacturing of over-limit, large-scale, and heavy-duty special materials and equipment
.

For example, the company has established long-term cooperative relationships with customer groups such as Siemens, Bayer, Evonik Chemical, Toyo Engineering, and Wally Engineering, which laid the foundation for the company to gain a greater share of the international market

　　The research team also learned that in recent years, Baose has continued to extend its industrial chain and supply chain, and accelerate its industrial layout in strategic emerging areas such as new energy and green environmental protection
.
At present, the company has made significant progress in the fields of solar thermal power generation, new energy heat storage, new energy batteries, and environmental protection
.
Especially in the field of new energy batteries, it broke the monopoly of the industry and undertook the high pressure of the laterite nickel smelting project of Huayou Cobalt with an annual output of 60,000 tons of nickel metal and the second phase of the laterite nickel smelting project of Ningbo Liqin Indonesia OBI Island.
The order of reactor equipment demonstrates the company's influence in this field, which also laid a more solid foundation for the company to explore the new energy market
.

　　Fenji "14th Five-Year Plan"

　Fenji "14th Five-Year"　Fenji "14th Five-Year"

　　Transformation and integrated service provider

　　Transformation integrated comprehensive service provider　　Transformation integrated comprehensive service provider

　　Under the guidance of the "dual carbon" goal, China's chemical industry has begun to adopt a large number of process enhancement technologies to reduce carbon emissions.

.
In this context, how will the strategic layout of Baose shares during the "14th Five-Year Plan" period?

　　"During the '14th Five-Year Plan' period, Baose Co.
, Ltd.
will continue to deepen its traditional advantage business, consolidate its leading position in the chemical equipment industry, and at the same time, the industrial layout tends to be diversified and optimized; to achieve two transformations, and to promote the company from'manufacturing as the center' to' The “manufacturing + service as the center” transformation has transformed the company from an “equipment manufacturer
” to an “ integrated engineering and equipment service provider ”.
” Wu Pijie described the company’s “14th Five-Year Plan” development blueprint
.

　　Wu Pijie said that as the core equipment of the downstream chemical industry, non-standard special materials and equipment play an irreplaceable role in the process due to their excellent corrosion resistance and comprehensive mechanical properties
.
In order to better serve chemical companies, in the next few years, the company will accelerate the transformation of its business model, actively explore production-oriented service industries, and develop new service-oriented business formats, so that the company will develop from an “equipment manufacturer” to an “integrated engineering equipment integrated service provider” as soon as possible.
"
.

　　In addition, the company will explore the construction of over-limit equipment manufacturing bases along the rivers and coasts, accelerate the adjustment of the company’s industrial and market layout, expand product types and application areas, realize the diversification of the company’s business, increase new profit growth poles, and promote the company’s industrial scale and business Income and profit levels have increased substantially
.
At the same time, in the field of high-end marine engineering equipment manufacturing, we will improve quality and expand capacity, and continue to develop the titanium equipment industry through resource integration, which will more effectively consolidate Baose's leading position in the industry segment
.

　　(This article was written by Zhang Yong, Peng Yan, and Liu Jingcai)