BAOJI FIRST TITANIUM INDUSTRY CO., LTD Company Profile Baoji First Titanium Industry Co., Ltd, located on No.218 Hi-tech Road of National New and High-tech Industrial Development Zone in baoji, Shaanxi Province, is a private hi-tech joint-stock enterprise with the area of 45800 square meters and the register capital of 40 million RMB. The company is mainly engaged in processing, manufacturing and sales of non-ferrous metals, such as titanium and titanium alloys. With the investment of 130 million RMB, the company has established a series of production lines for smelting, forging and processing. At present, it has the productive capacity of 2000 tons ingot, 5000 tons forging, 2000 tons rolled bars, 1000 tons tubes of titanium, and 1000 tons processing products per year, with the products of ingots, plates, bars, tubes, wires, forging, and titanium equipments as well. The annual value of production has surpassed 500 million RMB. The company has filled the gap in the field of processing titanium in domestic private enterprises with the advanced equipments of 3t self-consumable vacuum ARC furnace and 2000t forging oil press, which are designed and manufactured by both the company and other research institutes. Other equipments all adopt automatic or semi-automatic devices with the characteristic of high technical value and accurate controlling precision. In this way, the products can completely meet various needs of the aerospace, military and medicine industries, etc. The investor Shaanxi Fengxiang Titanium Material & Powder Co., Ltd, whose previous name is Shaanxi Fengxiang Titanium Powder Plant, is the top of titanium powder manufacturing company in China and the largest one in the world. According to the data of the Chinese Titanium Industrial Development Forum, the yield volume occupies 74.7% in 2004 and 83% in 2005.