Core Viewpoint - Tian Gong International (00826) has established a joint venture, Jiangsu Tiangong Titanium Crystal New Materials Co., Ltd., focusing on advanced powder materials, particularly in additive manufacturing and 3D printing, aiming to fill the domestic gap in high-end titanium alloy powder materials [1] Group 1: Joint Venture Details - The joint venture was signed on August 22, 2025, with a registered capital of 100 million yuan, where Tian Gong Technology holds a 60% stake by investing 60 million yuan [1] - The joint venture has already completed its business registration and obtained a business license on the same day [1] Group 2: Market Focus and Opportunities - The joint venture will focus on the powder new materials sector, which includes applications in aerospace, medical devices, and other markets, indicating a strategic entry into a new business area for Tian Gong Technology [1] - The establishment of the joint venture is expected to facilitate the company's expansion into titanium alloys and other metal powder fields, potentially achieving import substitution in high-end titanium alloy powder materials [1] - Titanium alloy powder materials have significant market potential in consumer electronics, aerospace, and medical devices, positioning the joint venture at the forefront of metal material preparation technology [1]
天工国际：天工股份拟出资6000万元参设合资公司 助力开拓钛合金及其他金属粉末领域