On the evening of May 6, Gimpo Titanium Industry Co., Ltd. (hereinafter referred to as "Gimpo Titanium Industry") issued an announcement on the price adjustment of the company's main products, stating: In view of the recent increase in the price of titanium dioxide raw materials and market conditions, the company's price committee has studied Decision: From now on, the company's sales price of anatase and rutile titanium dioxide will be increased by RMB 1,000/ton for various domestic customers and USD 150/ton for international customers based on the original price.
Jinpu Titanium Industry stated that the company will closely follow the trend of raw material prices and changes in supply and demand, and do a good job in adjusting the price of titanium dioxide products in a timely manner. The adjustment of product prices this time will have a positive impact on the company's overall performance improvement. At the same time, the company's board of directors reminded investors that the impact of this price increase on sales volume is uncertain, and the duration of the new sales price cannot be determined, and there is a risk that product prices will continue to fluctuate.