Through its subsidiary Tiangong Co., Ltd., Tiangong International has completed a full industrial chain layout in the consumer electronics titanium alloy sector, spanning from titanium base materials to 3D printing powders, and has built an integrated titanium sponge—titanium ingot—titanium wire—titanium powder production chain. The company holds nearly half of the market share in supplying titanium frames for the iPhone Pro series and is a core supplier in Apple's titanium alloy supply chain. Unlike companies that only process profiles, Tiangong International builds on its titanium alloy wire business and has taken a stake in Tiangong Titanium Crystal to launch a plasma atomization powder production line. Tiangong Titanium Crystal plans to build 3,000 tons/year of second-generation plasma beam atomization powder capacity, of which the first-phase 1,000-ton project has begun construction, with commissioning timed to match the industrialization of 3D printing in consumer electronics. When fully unfolded, foldable screens have frames significantly larger than those of bar-type phones, and the added titanium used in hinge covers means titanium alloy consumption per foldable device is markedly higher than for ordinary bar phones. CICC estimates that Apple's 3D printing titanium materials and related processing business alone could reach a market size of RMB 3.2 billion by 2027 and RMB 7.5 billion by 2030. 3D printing titanium powder is a high-barrier, high-value-added segment of the titanium industry chain, with profitability better than conventional titanium profiles. Tiangong International's full-chain integration from titanium sponge to titanium powder means raw material self-sufficiency and process control in the powder segment are brought into a single system. For the metal additive manufacturing industry chain, volume growth in consumer electronics will drive large-scale demand for plasma-atomized titanium powder, and companies with upstream integrated layouts have first-mover advantages in supply stability and cost control. Value for powder buyers: ① Track the commissioning progress of Tiangong Titanium Crystal's first-phase 1,000-ton plasma atomization powder line and include it in the evaluation of supply sources for consumer-electronics-grade titanium powder; ② Volume growth in foldable screens will increase the use of titanium alloy powder in load-bearing parts such as hinge covers, so buyers can lock in annual framework volumes of plasma-atomized titanium powder in advance; ③ An integrated chain means stronger batch traceability from titanium sponge to titanium powder, so buyers should require suppliers to provide full-chain raw material source and process parameter documentation.