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Invest 50 billion yuan in the next three years to build a 100 billion-level industrial group
.
On June 9th, the domestic titanium dioxide industry leader Lomon Billion Group Co.
, Ltd.
(hereinafter referred to as "Lomon Billion") released the announcement that it intends to issue overseas listed foreign shares (H shares) for the first time and apply Listed on the main board of the Hong Kong Stock Exchange
.
This move is more conducive to the leading Lomon to enter the international capital market, low-cost and flexible financing, and can quickly improve the competitiveness of the company
.
Lomon Bailey took another big step closer to his longing goal
.
1 Intensified project construction, integrated global expansion, frequent capital market movements, and record highs of stock prices and market values
.
But you can't even dream of it.
Nowadays, the leader in the titanium dioxide industry, Longman Baili, was also Xiaobai at first
.
In 1998, Xu Gang was in danger during the restructuring process of Lomon Baili's predecessor, the state-owned Jiaozuo Chemical General Factory.
He was elected as the chairman of the company and took over the small chemical factory that was on the verge of bankruptcy
.
In 2002, Xu Gang led the old chemical plant co-sponsor of seven units, set up in Henan Billions Chemicals Co.
, Ltd
.
From 2004 to 2005, the company took the initiative to adjust the direction of its leading products and began to invest heavily in the development of titanium dioxide business
.
In 2008, when the international financial crisis raged, Xu Gang contacted banks to raise nearly 300 million yuan and bucked the trend and expanded the production scale of titanium dioxide
.
At the beginning of 2010, titanium dioxide ushered in a golden period in which product demand has been in short supply for the longest time in its development history, and prices at home and abroad have been rising.
Lomon Boli has established its leading position in the domestic industry in one fell swoop
.
In July 2011, the company successfully landed on the Shenzhen Stock Exchange, raising a net amount of 1.
258 billion yuan
.
After listing, the company entered a new period of sustained, stable and rapid development by taking advantage of capital market financing
.
In 2012, the company invested more than 100 million yuan to acquire the chlorinated titanium dioxide production technology of German Tikang Company, which enabled the company to have advanced chlorinated titanium dioxide production technology in the country earlier and quickly realized industrialization.
It is in development.
Seize the opportunity
.
In 2014, the company acquired Huntsman's TR52 high-end ink-based titanium dioxide business for US$10 million, enabling the company to have the production capacity of high-end, special-purpose titanium dioxide in line with international standards for the first time
.
Therefore, the company ranks among the global high-end titanium dioxide suppliers
.
In November 2015, the company acquired Rongjia Scandium Industry with a capital increase of 19.
18 million yuan, and used this as a platform to expand a 20-ton/year scandium oxide production line to realize the extraction of rare metal scandium and vanadium pentoxide from the waste acid of titanium dioxide production.
Rare earth enrichment materials provide another reliable fulcrum for the green development of the titanium industry
.
In 2016, Lomon Baili seized the strategic opportunity, staged the snake Tunxiang, and completed the acquisition of Lomon Titanium by way of non-public issuance of shares
.
A total of over 10.
2 billion yuan was raised in this acquisition, of which about 9 billion yuan was used to acquire the equity of Dragon Mang Titanium, making the company a leading titanium dioxide enterprise in “Asia's No.
1 and World's Forefront”, realizing the development of industrial resources.
Effective integration and efficient extension of the industrial chain
.
In 2017, the group's revenue exceeded 10 billion for the first time
.
This move creates conditions for further building a global titanium chemical enterprise with international competitiveness, improving the competitive landscape of China's titanium dioxide industry, and leading and enhancing the overall profitability of the industry
.
In May 2019, the company spent about 1.
6 billion yuan to acquire 98.
39% of the shares of Xinli Titanium held by Yunnan Metallurgical Group, and quickly carried out technological transformation and resumption of production; in November, it spent 870 million yuan to acquire China National Nuclear Corporation.
The 15.
66% equity of Oriental Zirconium held by Industrial Group has become the largest shareholder of Oriental Zirconium
.
In July 2020, the company successfully signed a titanium industry cooperation framework agreement with Jinchuan Group.
It plans to invest 3 billion yuan to revitalize the existing idle assets of Jinchuan Group's titanium plant.
Through filling up and implementing expansion, the company will form an annual production of 30,000 tons of sponge titanium.
Scale
.
From the small white of titanium dioxide, Lomon Bailey has become the number one in Asia.
Its production capacity is second only to that of Chemours, Tenor (Koster) and Huntsman in the United States.
It surpassed Conros and entered the top three in the world.
Zirconium symbiosis, two wings development" new stage
.
2 As the pioneer of the domestic chlorination process, Lomon Baili continuously upgrades the clean production process of the sulfuric acid process and actively promotes the advanced production process of the chlorination process
.
At present, the production capacity of chlorinated titanium dioxide has exceeded 400,000 tons/year, accounting for more than 40% of the company’s total production capacity of titanium dioxide.
It has built China’s largest industrial chain chlorination production base and created a large-scale boiling chlorination titanium dioxide in China.
Production is a precedent
.
This is of far-reaching significance in making up for the lack of production capacity of China's high-end titanium dioxide, improving international market competitiveness and optimizing resource allocation
.
On the other hand, Lomon Baili leads the transformation and upgrading with innovation.
The pioneering sulfur-chlorine coupling green manufacturing technology has enabled the two major processes in the titanium dioxide industry to achieve "coupling and co-production", recycling waste acid to produce 300,000 t/a artificial rutile.
The recycling of waste and by-products reduces the environmental protection costs of the three wastes and solves the current industry problems of high solid waste in the sulfuric acid process and high cost of the chlorination process
.
Titanium dioxide production capacity expansion is subject to obvious mining constraints, and the self-sufficiency rate of titanium concentrate has become a key factor in corporate competition
.
Lomon Baili reduces costs through self-supply of raw materials + circular economy model
.
Through Lomon Mining and Metallurgy, it has its own annual production capacity of 1 million tons of titanium concentrate to meet more than 70% of its own demand and reduce the dependence on the price of imported and purchased high-grade titanium concentrate
.
In addition, the capacity of the Panxi vanadium-titanium magnetite resource comprehensive utilization project under construction includes 300,000 t/a titanium chloride slag, which further supplements the raw material demand of the existing chlorination titanium dioxide production line.
The cost of titanium slag is about 50% of the outsourcing.
The cost of self-prepared titanium chloride slag + chloride method titanium dioxide is expected to drop to about 8,400 yuan/ton, which is equivalent to that of sulfuric acid method
.
After the company's Xinli Titanium Industry and Lufeng Xinli's chlorination production lines were put into operation, an additional 300,000 tons of capacity was added
.
At the same time, Lomon Baililian also innovatively carried out a series of researches on the preparation of chlorination raw materials from domestic titanium ore, vanadium extraction from ilmenite, and titanium smelting technology
.
In the end, a green and high-quality industrial development system with low cost, low energy consumption and large cycle will be built
.
In an interview, Xu Gang, the chairman of Lomon Baili, said that Lomon Baili closely focuses on the titanium and zirconium industries.
Now these two products have a high market share and brand reputation, and their operating income has exceeded for three consecutive years.
Ten billion yuan, with a profit rate of over 25%
.
At the same time, the company boldly extended the industrial chain, implemented sponge titanium and high-end titanium alloy projects, and has now become the first domestic enterprise to build a complete industrial chain of "titanium ore-titanium slag-titanium tetrachloride-sponge titanium-titanium alloy"
.
From Asia’s largest titanium dioxide production base to Asia’s largest manufacturer of high-end sponge titanium and titanium alloys, a high-quality industrial development system covering the fields of titanium, zirconium, vanadium, iron, cobalt, scandium, etc.
has been initially established.
The large-scale chemical enterprise group that deeply integrates the titanium and zirconium industry chains and develops and manufactures new materials has taken solid steps
.
3 On December 22, 2020, an investor consulted Lomon Baili about the investment direction of funds in the next three years
.
Lomon Baili responded that in the next three years, the company will invest a total of 50 billion yuan and focus on the expansion of five major industries: 20 billion yuan in titanium-zirconium chemical plates, 10 billion yuan in titanium-zirconium metal plates, and investment in ilmenite-zirconium iron ore mining plates.
10 billion yuan, 5 billion yuan will be invested in the intelligent manufacturing sector, and 5 billion yuan will be invested in the clean energy sector
.
Among them, the direct investment for the construction of high-quality projects in the industrial chain is about 30 billion yuan; the total investment for investment, reorganization, mergers, and acquisitions of domestic and foreign industrial chain enterprises based on the capital market is about 20 billion yuan
.
China and foreign coatings.
com has noticed that in 2021, Lomon Baili has accelerated the pace, speed and intensity of acquisition and investment
.
On the evening of March 24, Lomon Baili announced that the company will acquire 2 companies at one time and increase the capital of 3 subsidiaries
.
Baili New Energy, a wholly-owned subsidiary of the company, intends to acquire 100% equity of Henan Zhongtan New Material Technology Co.
, Ltd.
held by Jiaozuo Zhongzhou Carbon Co.
, Ltd.
for 292 million yuan in cash
.
The company's holding subsidiary Yunnan Guotai plans to acquire 100% of Chaoyang Dongzirconium New Material Co.
, Ltd.
(referred to as "Chaoyang Dongzircon") held by the company's holding subsidiary Oriental Zirconium (002167) with cash of 164 million yuan
.
Lomon Baili also disclosed that in order to further enhance the financial strength and operational capabilities of its subsidiaries, the company plans to increase its wholly-owned subsidiary Baili New Energy with its own funds by 900 million yuan, and its wholly-owned subsidiary Longbai Sichuan will increase its capital by 370 million yuan.
Yuan.
Increased capital by 500 million yuan in its holding subsidiary Yunnan Guotai
.
China and foreign coatings.
com also noted that on May 28, according to the company’s development needs, in order to further increase the company’s market share and strengthen the company’s competitiveness, Longbai Sichuan Titanium Industry Co.
, Ltd.
, a wholly-owned subsidiary of Lomon Baili, plans to invest 400 million yuan.
, Established Gansu Baililian Chemical Co.
, Ltd.
in Jinchang City, Gansu Province (tentative name, the final name is subject to the approval and registration of the industrial and commercial administration department)
.
In addition, according to reports, Lomon Baili also plans to focus on the "high-quality utilization of Panxi titanium resources for large-scale production of chlorinated titanium dioxide industry chain", with a cumulative investment of 14 billion yuan in 5 years, and integrate into Panxi national strategic resource innovation and development experiments.
District construction, implement technological innovation and industrialization projects in phases and batches, strive to achieve breakthroughs in industrialization transformation within 5 years, and form a complete large-scale industrial production chain within 10 years
.
Relying on the two-wheel drive of "advantageous project investment and construction and capital market expansion", Lomon Baili has rapidly and deeply cultivated and expanded in industrial fields such as titanium and zirconium.
It has successfully implemented 300,000 tons/year chlorination projects and 500,000 tons/year in Panxi Titanium concentrate upgrading and transformation of titanium chloride slag innovation project, annual production of 30,000 tons of titanium alloy new materials and distributed energy projects, 1 million tons/year of high-salt wastewater in-depth treatment project, mergers and acquisitions of Yunnan Xinli Titanium Industry and a series of boutique products Big project
.
In the field of titanium industry, Lomon Baili has formed six major production bases in four provinces and five places, including Jiaozuo, Henan, Deyang, Sichuan, Panzhihua, Xiangyang, Hubei, and Xinli, Yunnan.
, High-titanium slag, synthetic rutile and other raw materials are refined and deep-processed, and then to sulfuric acid method titanium dioxide, chloride method titanium dioxide, titanium sponge and other products, the entire industry chain structure has strong competitive advantages and development potential
.
This time it plans to issue overseas listed foreign shares (H shares) and apply for listing on the main board of the Hong Kong Stock Exchange
.
For Lomon Baili, it is possible to optimize the allocation of resources in a broader domestic and international space, through capital mergers and investment projects, to achieve rapid expansion and leapfrog development, and the goal of building a 100 billion-level industrial group may be just around the corner!
.
On June 9th, the domestic titanium dioxide industry leader Lomon Billion Group Co.
, Ltd.
(hereinafter referred to as "Lomon Billion") released the announcement that it intends to issue overseas listed foreign shares (H shares) for the first time and apply Listed on the main board of the Hong Kong Stock Exchange
.
This move is more conducive to the leading Lomon to enter the international capital market, low-cost and flexible financing, and can quickly improve the competitiveness of the company
.
Lomon Bailey took another big step closer to his longing goal
.
1 Intensified project construction, integrated global expansion, frequent capital market movements, and record highs of stock prices and market values
.
But you can't even dream of it.
Nowadays, the leader in the titanium dioxide industry, Longman Baili, was also Xiaobai at first
.
In 1998, Xu Gang was in danger during the restructuring process of Lomon Baili's predecessor, the state-owned Jiaozuo Chemical General Factory.
He was elected as the chairman of the company and took over the small chemical factory that was on the verge of bankruptcy
.
In 2002, Xu Gang led the old chemical plant co-sponsor of seven units, set up in Henan Billions Chemicals Co.
, Ltd
.
From 2004 to 2005, the company took the initiative to adjust the direction of its leading products and began to invest heavily in the development of titanium dioxide business
.
In 2008, when the international financial crisis raged, Xu Gang contacted banks to raise nearly 300 million yuan and bucked the trend and expanded the production scale of titanium dioxide
.
At the beginning of 2010, titanium dioxide ushered in a golden period in which product demand has been in short supply for the longest time in its development history, and prices at home and abroad have been rising.
Lomon Boli has established its leading position in the domestic industry in one fell swoop
.
In July 2011, the company successfully landed on the Shenzhen Stock Exchange, raising a net amount of 1.
258 billion yuan
.
After listing, the company entered a new period of sustained, stable and rapid development by taking advantage of capital market financing
.
In 2012, the company invested more than 100 million yuan to acquire the chlorinated titanium dioxide production technology of German Tikang Company, which enabled the company to have advanced chlorinated titanium dioxide production technology in the country earlier and quickly realized industrialization.
It is in development.
Seize the opportunity
.
In 2014, the company acquired Huntsman's TR52 high-end ink-based titanium dioxide business for US$10 million, enabling the company to have the production capacity of high-end, special-purpose titanium dioxide in line with international standards for the first time
.
Therefore, the company ranks among the global high-end titanium dioxide suppliers
.
In November 2015, the company acquired Rongjia Scandium Industry with a capital increase of 19.
18 million yuan, and used this as a platform to expand a 20-ton/year scandium oxide production line to realize the extraction of rare metal scandium and vanadium pentoxide from the waste acid of titanium dioxide production.
Rare earth enrichment materials provide another reliable fulcrum for the green development of the titanium industry
.
In 2016, Lomon Baili seized the strategic opportunity, staged the snake Tunxiang, and completed the acquisition of Lomon Titanium by way of non-public issuance of shares
.
A total of over 10.
2 billion yuan was raised in this acquisition, of which about 9 billion yuan was used to acquire the equity of Dragon Mang Titanium, making the company a leading titanium dioxide enterprise in “Asia's No.
1 and World's Forefront”, realizing the development of industrial resources.
Effective integration and efficient extension of the industrial chain
.
In 2017, the group's revenue exceeded 10 billion for the first time
.
This move creates conditions for further building a global titanium chemical enterprise with international competitiveness, improving the competitive landscape of China's titanium dioxide industry, and leading and enhancing the overall profitability of the industry
.
In May 2019, the company spent about 1.
6 billion yuan to acquire 98.
39% of the shares of Xinli Titanium held by Yunnan Metallurgical Group, and quickly carried out technological transformation and resumption of production; in November, it spent 870 million yuan to acquire China National Nuclear Corporation.
The 15.
66% equity of Oriental Zirconium held by Industrial Group has become the largest shareholder of Oriental Zirconium
.
In July 2020, the company successfully signed a titanium industry cooperation framework agreement with Jinchuan Group.
It plans to invest 3 billion yuan to revitalize the existing idle assets of Jinchuan Group's titanium plant.
Through filling up and implementing expansion, the company will form an annual production of 30,000 tons of sponge titanium.
Scale
.
From the small white of titanium dioxide, Lomon Bailey has become the number one in Asia.
Its production capacity is second only to that of Chemours, Tenor (Koster) and Huntsman in the United States.
It surpassed Conros and entered the top three in the world.
Zirconium symbiosis, two wings development" new stage
.
2 As the pioneer of the domestic chlorination process, Lomon Baili continuously upgrades the clean production process of the sulfuric acid process and actively promotes the advanced production process of the chlorination process
.
At present, the production capacity of chlorinated titanium dioxide has exceeded 400,000 tons/year, accounting for more than 40% of the company’s total production capacity of titanium dioxide.
It has built China’s largest industrial chain chlorination production base and created a large-scale boiling chlorination titanium dioxide in China.
Production is a precedent
.
This is of far-reaching significance in making up for the lack of production capacity of China's high-end titanium dioxide, improving international market competitiveness and optimizing resource allocation
.
On the other hand, Lomon Baili leads the transformation and upgrading with innovation.
The pioneering sulfur-chlorine coupling green manufacturing technology has enabled the two major processes in the titanium dioxide industry to achieve "coupling and co-production", recycling waste acid to produce 300,000 t/a artificial rutile.
The recycling of waste and by-products reduces the environmental protection costs of the three wastes and solves the current industry problems of high solid waste in the sulfuric acid process and high cost of the chlorination process
.
Titanium dioxide production capacity expansion is subject to obvious mining constraints, and the self-sufficiency rate of titanium concentrate has become a key factor in corporate competition
.
Lomon Baili reduces costs through self-supply of raw materials + circular economy model
.
Through Lomon Mining and Metallurgy, it has its own annual production capacity of 1 million tons of titanium concentrate to meet more than 70% of its own demand and reduce the dependence on the price of imported and purchased high-grade titanium concentrate
.
In addition, the capacity of the Panxi vanadium-titanium magnetite resource comprehensive utilization project under construction includes 300,000 t/a titanium chloride slag, which further supplements the raw material demand of the existing chlorination titanium dioxide production line.
The cost of titanium slag is about 50% of the outsourcing.
The cost of self-prepared titanium chloride slag + chloride method titanium dioxide is expected to drop to about 8,400 yuan/ton, which is equivalent to that of sulfuric acid method
.
After the company's Xinli Titanium Industry and Lufeng Xinli's chlorination production lines were put into operation, an additional 300,000 tons of capacity was added
.
At the same time, Lomon Baililian also innovatively carried out a series of researches on the preparation of chlorination raw materials from domestic titanium ore, vanadium extraction from ilmenite, and titanium smelting technology
.
In the end, a green and high-quality industrial development system with low cost, low energy consumption and large cycle will be built
.
In an interview, Xu Gang, the chairman of Lomon Baili, said that Lomon Baili closely focuses on the titanium and zirconium industries.
Now these two products have a high market share and brand reputation, and their operating income has exceeded for three consecutive years.
Ten billion yuan, with a profit rate of over 25%
.
At the same time, the company boldly extended the industrial chain, implemented sponge titanium and high-end titanium alloy projects, and has now become the first domestic enterprise to build a complete industrial chain of "titanium ore-titanium slag-titanium tetrachloride-sponge titanium-titanium alloy"
.
From Asia’s largest titanium dioxide production base to Asia’s largest manufacturer of high-end sponge titanium and titanium alloys, a high-quality industrial development system covering the fields of titanium, zirconium, vanadium, iron, cobalt, scandium, etc.
has been initially established.
The large-scale chemical enterprise group that deeply integrates the titanium and zirconium industry chains and develops and manufactures new materials has taken solid steps
.
3 On December 22, 2020, an investor consulted Lomon Baili about the investment direction of funds in the next three years
.
Lomon Baili responded that in the next three years, the company will invest a total of 50 billion yuan and focus on the expansion of five major industries: 20 billion yuan in titanium-zirconium chemical plates, 10 billion yuan in titanium-zirconium metal plates, and investment in ilmenite-zirconium iron ore mining plates.
10 billion yuan, 5 billion yuan will be invested in the intelligent manufacturing sector, and 5 billion yuan will be invested in the clean energy sector
.
Among them, the direct investment for the construction of high-quality projects in the industrial chain is about 30 billion yuan; the total investment for investment, reorganization, mergers, and acquisitions of domestic and foreign industrial chain enterprises based on the capital market is about 20 billion yuan
.
China and foreign coatings.
com has noticed that in 2021, Lomon Baili has accelerated the pace, speed and intensity of acquisition and investment
.
On the evening of March 24, Lomon Baili announced that the company will acquire 2 companies at one time and increase the capital of 3 subsidiaries
.
Baili New Energy, a wholly-owned subsidiary of the company, intends to acquire 100% equity of Henan Zhongtan New Material Technology Co.
, Ltd.
held by Jiaozuo Zhongzhou Carbon Co.
, Ltd.
for 292 million yuan in cash
.
The company's holding subsidiary Yunnan Guotai plans to acquire 100% of Chaoyang Dongzirconium New Material Co.
, Ltd.
(referred to as "Chaoyang Dongzircon") held by the company's holding subsidiary Oriental Zirconium (002167) with cash of 164 million yuan
.
Lomon Baili also disclosed that in order to further enhance the financial strength and operational capabilities of its subsidiaries, the company plans to increase its wholly-owned subsidiary Baili New Energy with its own funds by 900 million yuan, and its wholly-owned subsidiary Longbai Sichuan will increase its capital by 370 million yuan.
Yuan.
Increased capital by 500 million yuan in its holding subsidiary Yunnan Guotai
.
China and foreign coatings.
com also noted that on May 28, according to the company’s development needs, in order to further increase the company’s market share and strengthen the company’s competitiveness, Longbai Sichuan Titanium Industry Co.
, Ltd.
, a wholly-owned subsidiary of Lomon Baili, plans to invest 400 million yuan.
, Established Gansu Baililian Chemical Co.
, Ltd.
in Jinchang City, Gansu Province (tentative name, the final name is subject to the approval and registration of the industrial and commercial administration department)
.
In addition, according to reports, Lomon Baili also plans to focus on the "high-quality utilization of Panxi titanium resources for large-scale production of chlorinated titanium dioxide industry chain", with a cumulative investment of 14 billion yuan in 5 years, and integrate into Panxi national strategic resource innovation and development experiments.
District construction, implement technological innovation and industrialization projects in phases and batches, strive to achieve breakthroughs in industrialization transformation within 5 years, and form a complete large-scale industrial production chain within 10 years
.
Relying on the two-wheel drive of "advantageous project investment and construction and capital market expansion", Lomon Baili has rapidly and deeply cultivated and expanded in industrial fields such as titanium and zirconium.
It has successfully implemented 300,000 tons/year chlorination projects and 500,000 tons/year in Panxi Titanium concentrate upgrading and transformation of titanium chloride slag innovation project, annual production of 30,000 tons of titanium alloy new materials and distributed energy projects, 1 million tons/year of high-salt wastewater in-depth treatment project, mergers and acquisitions of Yunnan Xinli Titanium Industry and a series of boutique products Big project
.
In the field of titanium industry, Lomon Baili has formed six major production bases in four provinces and five places, including Jiaozuo, Henan, Deyang, Sichuan, Panzhihua, Xiangyang, Hubei, and Xinli, Yunnan.
, High-titanium slag, synthetic rutile and other raw materials are refined and deep-processed, and then to sulfuric acid method titanium dioxide, chloride method titanium dioxide, titanium sponge and other products, the entire industry chain structure has strong competitive advantages and development potential
.
This time it plans to issue overseas listed foreign shares (H shares) and apply for listing on the main board of the Hong Kong Stock Exchange
.
For Lomon Baili, it is possible to optimize the allocation of resources in a broader domestic and international space, through capital mergers and investment projects, to achieve rapid expansion and leapfrog development, and the goal of building a 100 billion-level industrial group may be just around the corner!
