Hunan Xiangtou Jintian Technology Group Co., Ltd. (abbreviated as Xiangtou Jintian Group) was established in 1996 and is a wholly-owned subsidiary of Hunan Xiangtou Holdings Group Co., Ltd. It is a professional company dedicated to investment holding (equity participation) operations in the metal new materials industry. The company has a registered capital of RMB 600 million yuan, and its business location is set in Torch City, National High-tech Industrial Development Zone, Changsha City, Hunan Province. It is an investment and service high-tech enterprise recognized by the Hunan Provincial Department of Science and Technology, and enjoys various preferential policies of the high-tech industrial development zone. Hunan Xiangtou Holdings Group Co., Ltd. is a large state-owned comprehensive investment company in Hunan Province, with assets of nearly 20 billion yuan.
According to national and Hunan provincial industrial policies and the development strategy of the group company, Xiangtou Jintian Group is mainly engaged in investment, construction, and operation of projects in the metal new materials industry, and manages controlled (equity-participating) investment projects in accordance with the management and control model of modern enterprises. The company has currently invested in five metal new materials projects, located in Changsha City, Changde City, Yiyang City, and Xiangxi Autonomous Prefecture, namely Hunan Xiangtou Jintian Titanium Metal Co., Ltd., Changsha Liyuan New Material Co., Ltd. (listed company), Hunan Xiangtou Jintian Titanium Industry Technology Co., Ltd., Hunan Xiangtou Jintian New Materials Co., Ltd., and Hunan Xiangtou Jintian Aluminum Industry High-tech Co., Ltd. Xiangtou Jintian has established technical cooperation and information sharing platforms with domestic research institutes such as the Chinese Academy of Sciences, Tsinghua University, University of Science and Technology Beijing, and Central South University, tracking and mastering the latest technological developments in the industries involved, and conducting cooperative development of related new products; at the same time, it has formed strategic partnerships with well-known upstream and downstream enterprises in the industry at home and abroad, mutually holding shares for common development.
The company's controlled Hunan Xiangtou Jintian Titanium Metal is currently the only high-tech enterprise in China engaged in the research and development, production, and operation of wide titanium strip coil series products. The company's controlled Xiangtou Jintian Titanium Industry is dedicated to the research and development, production, and operation of titanium processing material series products such as ingots, forging, bars and wires, and seamless tubes. The company's controlled investment and construction of Jintian New Materials, with a total project investment of 850 million yuan, produces finished products through processes such as titanium strip uncoiling, shearing and butt welding, looping, ultrasonic cleaning, forming, welding, sizing, annealing, flaw detection, cutting, and collection. The company's controlled Xiangtou Jintian Aluminum Industry is dedicated to the research and development, production, and operation of aluminum series metal powder materials. It is currently one of the domestic specialized production enterprises with the highest technical level and largest production scale for aluminum powder, with a designed production capacity of 7,000 tons of fine spherical aluminum powder per year, and is the most important domestic producer and supplier of fine spherical aluminum powder. The main product of the company's equity-participating Liyuan New Materials, continuous strip foam nickel, is a key new product and has been included in the national "863" major research project. The performance indicators of the product have comprehensively reached the international advanced level.
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