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On the evening of May 16, Lomon Baili announced that it was planning to change the company name and stock abbreviation.
On the evening of May 16, Lomon Baili announced that it was planning to change the company name and stock abbreviation.
Regarding the reasons for the change, Lomon Bailey stated that at present, relying on its existing core resources and advantages, the company extends its titanium dioxide business to sponge titanium and high-end titanium alloys, and actively expands "vanadium, zirconium, iron, scandium, and cobalt.
" In the field of titanium derivatives and emerging industries such as intelligent manufacturing and new energy materials, we will continue to strengthen the coupling and coordination of various business sectors to build a green cycle industry system.
In order to match the company's name with the development strategy of the company's business sector group operation, but also to guide investors to accurately understand the company's business and strategy, and to protect the rights and interests of investors.