On February 24, China Nuclear Titanium announced that the company intends to issue a non-public offering of not more than 461 million shares to the controlling shareholder and actual controller, Wang Zelong, at an issue price of 3.47 yuan / share, and the total raised funds shall not exceed 1.6 billion yuan. Invested in a 200,000-ton / year titanium dioxide reprocessing project and supplemented working capital.