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    Home > Coatings News > Paints and Coatings Market > Shaanxi Baoti: Operating revenue of 1.216 billion yuan in the first quarter, a year-on-year increase of 19.20%

    Shaanxi Baoti: Operating revenue of 1.216 billion yuan in the first quarter, a year-on-year increase of 19.20%

    • Last Update: 2021-05-31
    • Source: Internet
    • Author: User
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    In the first quarter of 2021, Shaanxi Baoti Group completed a total industrial output value of 4.
    91 billion yuan, an increase of 10.
    59% year-on-year, and the output value of new products increased by 85.
    3% year-on-year.
    From the report of the first quarter of 2021 issued by Shaanxi Baoti on April 28, it is known that from January to March 2021, Baoti Co.
    , Ltd.
    achieved operating income of 1.
    216 billion yuan, a year-on-year increase of 19.
    20%; the net profit attributable to shareholders of the listed company was 96,257,500 yuan, a year-on-year increase of 132.
    89%; earnings per share was 0.
    2158 yuan.
    It can be seen that the performance of Baoti, the main body of the titanium industry sector of Shaanxi Baoti Group, continues to improve.
    At the beginning of the "14th Five-Year Plan", Baoti Group ran out of the "acceleration" of development in a sprint state, and successfully achieved a "good start" in the first quarter of 2021.
    The predecessor of Shaanxi Baoti Group was 902 Factory.
    It was a national key enterprise invested and constructed under the project code of "902" to meet the needs of national defense and military industry and the development of cutting-edge technology during the national "Three Five-Year Plan" period.
    After more than 50 years of development, Shaanxi Baoti Group has now become my country’s largest professional rare metal production and scientific research base focusing on titanium and titanium alloys.
    It has three major industrial sectors, including titanium materials, equipment design and manufacturing, and new materials.
    It has established a complete titanium industry chain from sponge titanium ore mining to smelting, processing and deep processing, and equipment manufacturing.
    Among them, the annual output of the leading product titanium material accounts for more than 40% of the country’s total output.
    "Bao Ti" brand titanium and titanium alloy processing materials won the title of China's famous brand products, and it is the only selected brand in China's titanium industry, and it has been awarded the top 500 Chinese well-known brands.
    "BaoTi" brand titanium and titanium alloy processing materials have also become synonymous with "Chinese titanium" in the international market.
    At the "2021 China Titanium Annual Conference and Titanium Industry Summit Forum China Titanium Valley International Titanium Industry Expo", Lei Rangqi, general manager of Shaanxi Baoti Group, delivered a speech: "Last year, Baoti Group refined reform measures and fully mobilized the majority of cadres and employees.
    Enthusiasm, united and led everyone to fight the epidemic, grab the market, and ensure production, and achieved contrarian growth in operating performance.
    The annual operating income was 24.
    197 billion yuan, a year-on-year increase of 9.
    5%; the main production income increased by 10.
    1% year-on-year, which was initially realized.
    A two-step approach to a staged goal.
    The Titanium Expo provides a better communication platform for companies in the titanium industry.
    Baoti Group will focus more on the R&D and production of mid-to-high-end products, and at the same time, continue to improve the industry.
    Chain to achieve higher-quality development of the enterprise.
    "
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