Yibin Tianyuan (SZ:002386)2022-12-03 10:18Group 1: Company Overview - Beijing Dangsheng Materials Technology Co., Ltd. is listed under the stock code 002386, known as Tianyuan Group [1][2]. Group 2: Investor Relations Activity - The investor relations activity took place on May 24, 2019, at the Kempinski Hotel in Chengdu, Sichuan Province [2]. - Participants included representatives from various investment firms such as CITIC Construction Investment Co., Ltd. and Shenzhen Ruijusheng Investment Fund Co., Ltd. [2]. Group 3: Production and Project Updates - The company has successfully built a 50,000-ton annual production capacity for chlorination titanium dioxide, achieving qualified product output and meeting trial operation requirements [3]. - The chlorination titanium dioxide project is currently in trial operation, with plans to expand to an annual production capacity of 300,000 tons in the future [3]. - The project is expected to significantly impact the chlorination titanium dioxide industry, positioning the company as a key player [3]. Group 4: Cost and Production Concerns - Currently, the chlorination titanium dioxide project is in trial operation, and complete cost data has not yet been established [3]. - The project will consume chlorine, but the company has measures in place to ensure that this does not affect its PVC production [4]. Group 5: Technology and Market Position - The company has mitigated technology risks associated with its titanium dioxide project, which utilizes technology imported from the United States [4]. - The company has established a production capacity of 1.3 million tons for NCM523, NCM622, and NCM811 materials, aiming to expand its market presence [4].