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China Titanium Equipment and Gangyan Gaona signed a strategic cooperation agreement


       On the afternoon of November 9, 2022, China Titanium Equipment and Beijing Steel Research High-Tech Co., Ltd. (hereinafter referred to as "Steel Research High-Tech," stock code: 300034.SZ) held a strategic cooperation signing ceremony. Sun Shaobin, Party Secretary, Chairman, and General Manager of Steel Research High-Tech, and relevant members of the leadership team, as well as Yan Donghui, Chairman of China Titanium Equipment; Li Deqing, General Manager of China Titanium Forging; and Chen Bowen, Secretary to the Chairman of China Titanium Equipment, attended the signing ceremony.

 

 

       As early as 2020, China Titanium Equipment had cooperated with Steel Research High-Tech, successfully completing the extrusion of FGH4096 powder high-temperature alloy rods for advanced aero-engine turbine disks. This achieved the world's highest extrusion ratio for similar specifications and represented a breakthrough in the extrusion technology of large-size powder high-temperature alloy rods of a new generation.

 

       The long-term strategic cooperation agreement on the extrusion of large-size high-temperature alloy and titanium alloy rods signed by both parties, based on the principle of mutual benefit and win-win cooperation, will further open a new chapter in cooperation and push both parties to continuously move towards higher goals.

 

       Steel Research High-Tech is mainly engaged in the research, development, production, and sales of nickel-based, cobalt-based, and iron-based high-temperature alloy materials, aluminum (magnesium, titanium) lightweight alloy materials and products, and high-homogeneity ultra-pure alloys. It is an important research and development and production base for high-temperature alloy materials and products. The company has the technology and capacity to produce over 80% of the domestic high-temperature alloy grades, with products covering all sub-fields of high-temperature alloys. It is one of the enterprises with the most advanced technical level and the most complete range of products in China's high-temperature alloy field, with multiple sub-products dominating the market.

 

       Established in September 2016, China Titanium Equipment is headquartered in Shenyang, Liaoning Province. It is a leading domestic provider of titanium and titanium alloy special materials, components, and lightweight overall solutions, focusing on high-end manufacturing fields such as national defense industry, rail transit, and civil industry. The company possesses a full-industry-chain production system for titanium and titanium alloy components, establishing ten production systems: "melting, forging, rolling, heat treatment, sheet, pipe, wire, welding, precision machining, and assembly." This has resulted in the capacity and advantages to produce a full range of products.

 

       In July 2020, China Zhongji Investment completed an equity investment in China Titanium Equipment.