The total operating income of Longbai Group in the first half of the year was 12.463 billion yuan, a year-on-year increase of 26.36%

On the evening of July 18, Longbai Group Co.
, Ltd.
(hereinafter referred to as "Longbai Group") issued a reminder announcement on the company's main operations in the first half of 2022
.

In the first half of 2022, the company's main products, titanium dioxide and titanium sponge, showed a boom in both production and sales, and both production and sales hit a record high in the company's history; the company's lithium battery new energy material products, iron phosphate, lithium iron phosphate, and graphite anode production lines have all been put into production.
The products have formed normal sales, and the capacity utilization rate has gradually increased
.
According to the company's preliminary calculation, the company's total operating income in the first half of 2022 is about 12.
463 billion yuan, a year-on-year increase of about 26.
36%; the net profit attributable to shareholders of the listed company, after deducting the equity incentive expenses apportioned in the semi-annual 2022, remains unchanged from the same period last year.
Positive growth, the balance of assets and liabilities indicators remained stable
.

According to the data, Longbai Group is headquartered in the western industrial agglomeration area of ​​Jiaozuo, Henan Province, and was listed on the Shenzhen Stock Exchange on July 15, 2011
.
It is a large inorganic fine chemical group, mainly engaged in the production and sales of titanium dioxide, titanium sponge, zirconium products and sulfuric acid
.
Its titanium dioxide products are mainly used as raw materials for the production of coatings, plastics, paper and inks
.

In recent years, under the guidance of the Group's ten-year green development strategy, Longbai has taken the revitalization of the titanium industry as its own responsibility, consciously fulfilled the mission of "creating a leading titanium beauty life and being a respected enterprise", insisting on seeking development through innovation, and upgrading titanium dioxide by sulfuric acid method.
, transform and expand the chlorination titanium dioxide, prepare to enter the titanium metal field, stretch the industrial chain, enrich the industrial structure, adhere to the "two-legged" strategy of self-built project investment and capital market expansion, and create a "titanium-zirconium symbiosis, collaborative The new situation of "development" has rapidly improved the competitiveness of enterprises' green development
.

In the field of titanium industry, Longbai Group currently has seven production bases in five provinces and six places, including Jiaozuo in Henan, Deyang in Sichuan, Panzhihua in Panzhihua, Xiangyang in Hubei, Chuxiong in Yunnan and Jinchang in Gansu.
Titanium, high-titanium slag, synthetic rutile and other raw materials are intensively processed, and then to the whole industry chain structure of sulfuric acid method titanium dioxide, chloride method titanium dioxide, sponge titanium and other products.
It ranks among the top in the world and is the leading enterprise in the industry to guide the development of China's titanium dioxide industry
.