Chairman of the Board of Directors Xu Gang, at the joint conference of Longnili, said that after the two companies merged, their annual net profit would not be less than 1 billion yuan. In the first three quarters, it produced 440,000 tons of titanium dioxide and sold 430,000 tons. Which exports 200,000 tons. The average export price rose from 9,500 yuan / ton to 12,500 yuan / ton, an increase of more than 30%.
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