March 9th, the Opening ceremony of Baoji comprehensive bonded zone.
Baoji YIXIN sponsored a precision titanium alloy material exporting project in the zone.
The project has an investment of around RMB120 million yuan from YIXIN TITANIUM. It is located in the new material international industry park of the comprehensive bonded zone with an area of 30 mu(equivalent to 20,000 square meters) This project mainly engaged in production of titanium wire,foil,tape,ring forging,titanium tube etc. The project will takes 18 months time and will achieve the output of 200 million yuan annually with foreign exhcange earning of 10 million US dollars, and increasing 120 job opportunities. The products will export to USA, Germany, Norway, India, Mexico etc.
Moreover, YIXIN has signed contract with an international certification third authority-Bureau Veritas at the beginning of March. YIXIN has scheduled obtain AS9100 aerospace quality system certification. Till that time, YIXIN will enlarge the supplying scope and provide their products and services to more clients.