Shaanxi 31 Listed Companies Concentrate on Equipment Manufacturing to Welcome Western Region
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Among them, there are 9 listed companies for special equipment, accounting for 29% of the total number of listed companies in Shaanxi Province. Among them, aerospace power, standard shares, Baode shares and other special equipment, Xifei International, aviation power and other military equipment, China West Electric, Baoguang shares and other electrical equipment, and general machinery manufacturing represented by Qinchuan has become various Segment industry leader. Although there are only two listed companies in non-ferrous metal smelting, the company is the largest and world-class molybdenum industry company in Asia. It is mainly engaged in the production, processing, trade, and scientific research of molybdenum products, and has molybdenum mining, beneficiation, roasting, and molybdenum chemicals. The complete industrial chain integrating upstream and downstream processing of molybdenum metal processing is the main product in the A-share market, and it is also the leading enterprise of economic development in Shaanxi Province. At the same time, Baotie Co., Ltd. is China's largest specialized production and research base for titanium-based rare metal materials. The products are widely used in aerospace, chemical, petroleum, pharmaceutical, marine engineering, and high-end consumer goods, and other domestic markets. The occupancy rate is over 40%, of which the market share of high-grade titanium and military titanium is as high as 80%. The company ranks seventh in the global titanium industry.
According to industry insiders, the announcement of the “Kuanzhong-Tianshui Economic Zone Development Plan†marked the beginning of a new phase of strategic transformation in the development of the western region. The plan will position Xi'an as a modern international metropolis and will promote the development of Xi’an to the national strategic level. Xi’an will usher in new opportunities for development.