 Home > Coatings News > Paints and Coatings Market > Baoti Co., Ltd. (600456.SH) intends to bring Baoji Topuda and others to invest 200 million yuan to establish Baoti Precision Forging

Baoti Co., Ltd. (600456.SH) intends to bring Baoji Topuda and others to invest 200 million yuan to establish Baoti Precision Forging

 Last Update: 2021-05-20
 Source: Internet
 Author: User

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Baoji Titanium Co.

The announcement shows that the company plans to invest in the establishment of a joint venture with Baoji Toptec and Baoji Ruibang.
On the one hand, it can integrate the advantages of all parties in terms of raw materials, technology, equipment, capital, experience, and market, and optimize and improve the level of technology and products.
Types, increase the forging capacity, and ease the pressure on the company’s forging capacity; on the other hand, it can effectively integrate regional industrial resources and form complementary advantages, thereby improving the company’s overall competitiveness and profitability.

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