Core Viewpoint - The company, BaoTi Co., Ltd. (600456.SH), announced a joint investment with Zhongke Ruilong to establish a new company, Jiangsu Ruilong Precision Technology Co., Ltd., aimed at enhancing the titanium material industry chain and product structure through the development and production of precision titanium materials [1] Group 1 - The joint venture will focus on building a high-quality titanium and titanium alloy precision foil production line [1] - The initiative aims to promote technological innovation and industrialization of titanium material precision rolling processes [1] - The registered capital of the joint venture is set at 20 million yuan, with BaoTi contributing 9.8 million yuan for a 49% stake and Zhongke Ruilong contributing 10.2 million yuan for a 51% stake [1]

Core Viewpoint - Baotai Co., Ltd. (600456.SH) announced the establishment of a joint venture with Zhongke Ruilong to enhance its industrial chain and product structure by developing, producing, and selling precision titanium materials [1] Group 1: Joint Venture Details - The joint venture is named Jiangsu Ruilong Precision Technology Co., Ltd. (tentative name) [1] - The registered capital of the joint venture is 20 million yuan, with Baotai contributing 9.8 million yuan for a 49% stake and Zhongke Ruilong contributing 10.2 million yuan for a 51% stake [1] - Both parties will contribute cash for their respective stakes in the joint venture [1] Group 2: Strategic Objectives - The joint venture aims to build a high-quality production line for titanium and titanium alloy precision foil [1] - The initiative is focused on promoting technological innovation and industrialization of titanium material precision rolling processes [1] - The goal is to establish a benchmark enterprise within the industry [1]