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Yunnan Guotai Metal Co., Ltd. is a subsidiary of Longbai Group (stock code: 002601), the world's largest titanium dioxide production enterprise. It was established in October 2019 with a registered capital of 2.196 billion yuan and more than 2000 employees. Its headquarters is located in Lufeng City, Chuxiong Prefecture, Yunnan Province. It currently has three subsidiary companies: Wuding Guotai, Gansu Guotai, and Sichuan Guotai, mainly engaged in the production, research and development, and sales of sponge titanium, and has established "titanium concentrate" ➡ High titanium slag ➡ Titanium tetrachloride ➡ Electrolytic magnesium ➡ The "Sponge Titanium" full process industrial chain has two advanced sponge titanium production processes, I-type furnace and inverted U-type furnace, as well as two high-purity titanium tetrachloride production technologies, "boiling chlorination" and "molten salt chlorination". At the same time, it is equipped with a complete multipole tank magnesium electrolysis workshop, which has an absolute competitive advantage in quality management, cost control, product research and development compared to "semi process" enterprises in the industry.

 

In 2023, the company was named a new global unicorn enterprise by Forbes with a transaction amount of 2.272 billion yuan (one of the top ten financing cases in the first half of 2023), and successfully introduced national and local government platforms such as Shenzhen Venture Capital and China National Building Materials.

 

The company has two national scientific research platforms, namely, the National Local Joint Engineering Research Center for Deep Processing of Titanium Resources and the National Titanium Branch Center of the National Engineering Research Center for Vacuum Metallurgy, which have successively won the "Aerospace System Certification", "Weapons and Equipment System Certification", and "Three Standards Integration Certification". The company has 181 authorized patents, including 46 invention patents. It has carried out industry university research cooperation with 10 domestic scientific research institutes, and established long-term strategic cooperation with more than 10 well-known enterprises at home and abroad. The research and development and industrialization of fine particle high-quality ultra soft sponge titanium have won the international advanced level evaluation. The company is further utilizing existing resources and technology, actively exploring the transformation towards high-end and intelligent industries, promoting high-quality and efficient development of the industry, filling the gap in national high-end titanium materials, and ensuring national material safety. Among them, the rotor level sponge titanium intelligent manufacturing project constructed with world-class technology can achieve full process automation and intelligent production of rotor level sponge titanium production lines.