The company is a high-tech manufacturing enterprise listed on the Shenzhen Stock Exchange. It is an enterprise specialized in developing the tungsten industry under China Minmetals Group Co., Ltd., one of the world's top 500 companies. The company's main business includes research, development, production, sales and trade of hard alloys and non-ferrous metals such as tungsten, molybdenum, tantalum, niobium, etc., and deep-processing products and equipment. The main products and businesses are cutting tools and other hard alloys, refractory metals, powder products, trade and equipment business. Corporate honors: During the reporting period, a total of 202 patents were applied for (including 89 invention patents); 105 were authorized (including 27 invention patents). By the end of 2018, the company had a total of 1,113 valid patents, of which 449 were invention patents, accounting for 40.34% of the total number of effective patents; 16 were authorized overseas. It has been awarded honors such as National “High-tech Enterprise”, “Hunan New Material Enterprise”, and “Green Factory” at the provincial level.
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