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Lomon Baili changed its name to Long Bai Group from July 7th

 Last Update: 2021-07-28
 Source: Internet
 Author: User

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On July 6, Lomon Bailey announced that starting from July 7, 2021, the company's securities short name will be changed from "Lomon Bailey" to "Longbai Group", and the company's English securities short name will be changed from "LMBL" to "LBG" ", the company’s securities code remains unchanged and remains "002601"

Regarding the reasons for the change of company name, Lomon Bailey stated that at present, relying on the existing core resources and advantages, the company has extended its titanium dioxide business to sponge titanium and high-end titanium alloys, and is actively expanding the "vanadium, zirconium, iron, scandium, vanadium, zirconium, iron, scandium, Titanium derivatives such as "cobalt" and emerging industries such as intelligent manufacturing and new energy materials, while continuously strengthening the coupling and coordination of various business sectors, building a green large-scale circular industrial system
.
In order to match the company name with the development strategy of the company's business sector group operation, and to guide investors to accurately understand the company's business and strategy, and to protect the rights and interests of investors, the company changed its company name and securities abbreviation
.

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