Baoji Titanium Industry Co.,Ltd. (China)

Baoji Titanium Industry Co., Ltd. was established as a joint stock limited company in 1999. The promoters to the establishment of the company are Baoji Color Metal Processing Plant, Northwest Color Metal Processing Research Institute, China Color Metal Processing Import-Export Shanxi Co., Northwest Industry University, Zhongnan University and Shanxi Huaxia Property Co. With the approval of China Securities Regulatory Commission, the company's A shares were listed on Shanghai Stock Exchange on April 12, 2002. The company is primarily engaged in the manufacture, processing and sale of rare metal products such as titanium, titanium alloy and other metallic composite products. The company provides titanium products, including titanium tubes, titanium plates, titanium rods, titanium rings, titanium ingots and titanium castings, among others; nickel products, including nickel tubes and nickel plates, as well as composite materials, including composite tubes, composite plates and composite rods. It distributes its products in domestic and overseas markets. As of December 31, 2010, the company had two subsidiaries and one affiliate, which involved in the manufacture and distribution of metal titanium, titanium tubes and titanium alloy.