On July 1st, GeLongHui reported that Western Metal Materials (002149.SZ), which owns Western Titanium Co., Ltd. (referred to as "Western Titanium"), is one of the major producers of titanium, zirconium, and their processed materials in China. In order to enhance its capital strength, increase its anti-risk ability, and reduce its asset-liability ratio, Western Titanium plans to increase its capital and shares, with registered capital increased from 250 million yuan to 400 million yuan, and a total of 601.5 million yuan raised.
西部材料(002149.SZ)：西部钛业拟实施增资扩股
Western Metal Materials (002149.SZ): Western Titanium Industry plans to implement capital increase and share expansion.
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