Group 1 - The company collaborates with leading domestic IP platforms to develop AI comic dramas, having over 100,000 hours of copyrighted works, with more than 20 AI comic dramas expected to be completed and launched by the end of the year [1] - The deep-sea and aerospace sectors are creating new demand for titanium alloys, with analysts optimistic about a team from Peking University proposing design strategies to reduce production costs, benefiting related production enterprises [1]

Core Viewpoint - The company, Tiangong Co., Ltd., is expanding its application of titanium alloys across various industries, including consumer electronics and aerospace, emphasizing innovation and technology development as its core strategy [2][3][4]. Group 1: Company Overview - Tiangong Co., Ltd. successfully listed on the Beijing Stock Exchange in May 2025, marking a significant milestone as the first Hong Kong red-chip structure company to spin off a subsidiary for listing on the exchange [2]. - The company has been focused on the titanium and titanium alloy sector since 2010, with a comprehensive approach covering research, production, and sales [3]. - Key products include titanium alloy wire, plates, and pipes, which are widely used in critical fields such as consumer electronics and energy chemistry [3]. Group 2: Market Expansion and Innovation - The company has made significant strides in the consumer electronics sector, launching a titanium alloy wire smartphone in Q4 2022, with the first Apple phone using Tiangong's titanium alloy materials released in September 2023 [3][4]. - Titanium alloys are recognized for their superior properties, including lightweight, high stability, wear resistance, heat resistance, and excellent corrosion resistance, making them suitable for diverse industry needs [3]. Group 3: Future Outlook - The company anticipates that by 2030, titanium alloys will be widely adopted in the smartphone industry, leading to sustained growth in demand for titanium materials [4]. - Tiangong Co., Ltd. is committed to long-term technological development, focusing on high-end titanium materials that meet future demands in electronics and low-carbon industries [5]. Group 4: Capital and Strategic Development - The IPO raised funds aimed at constructing a production line with an annual capacity of 3,000 tons of high-end titanium and titanium alloy rods and wires, increasing total capacity from 7,000 tons to 10,000 tons [6]. - The company plans to utilize the raised capital for technological innovation and expanding the application of titanium materials across various industries [6]. - Tiangong Co., Ltd. is also pursuing horizontal mergers to enter new markets, including the establishment of a new company focused on powder new materials and additive manufacturing [7]. Group 5: Corporate Responsibility and Market Position - The choice to list on the Beijing Stock Exchange aligns with the company's specialized and innovative attributes, which match the exchange's focus on supporting specialized enterprises [7]. - The company emphasizes its responsibility to investors and society, aiming to strengthen its market position and product structure rather than solely pursuing market capitalization [7].