Chongyi Zhangyuan Tungsten Co., Ltd. engages in the mining of tungsten concentrate and other metal mineral products.
The company operates through several subsidiaries and affiliates, including Ganzhou Aoketai Tool Technology Co., Ltd. and Xi’an Huashan Metal Materials Technology Co., Ltd.
Business Segments
The company’s business is organized into several key segments, each of which plays a critical role in its integrated tungsten industry chain. The primary business segments are as follows:...
Chongyi Zhangyuan Tungsten Co., Ltd. engages in the mining of tungsten concentrate and other metal mineral products.
The company operates through several subsidiaries and affiliates, including Ganzhou Aoketai Tool Technology Co., Ltd. and Xi’an Huashan Metal Materials Technology Co., Ltd.
Business Segments
The company’s business is organized into several key segments, each of which plays a critical role in its integrated tungsten industry chain. The primary business segments are as follows:
Upstream Segment: Exploration, Mining, and Beneficiation
The company’s upstream segment is responsible for the exploration, mining, and beneficiation of tungsten resources. The company holds ten exploration rights and six mining rights, covering major tungsten mines, such as Taoxikeng Tungsten Mine, Xinanzi Tungsten-Tin Mine, Dayu Shilei Tungsten Mine, Tianjingwo Tungsten Mine, Huangzhulong Tungsten Mine, and Changliukeng Copper Mine.
Midstream Segment: Smelting and Powder Production
The midstream segment focuses on the smelting and powder production of tungsten. The company produces high-purity ammonium paratungstate (APT), tungsten oxide, tungsten powder, and tungsten carbide powder.
Downstream Segment: Deep Processing and High-Value-Added Products
The downstream segment is centered on the deep processing of tungsten materials, including the production of cemented carbide, thermal spray powder, and other high-value-added tungsten products. The company’s deep processing capabilities allow it to provide customized solutions for various industries, such as machinery manufacturing, aerospace, defense, electronics, and transportation.
Business Strategy
The company’s business strategy is centered on the integration of the entire tungsten industry chain, from resource development to deep processing.
The company intends to maintain and strengthen its position as a leading enterprise in the tungsten industry by leveraging its comprehensive industrial layout and technological capabilities. The company’s strategy is to control the entire value chain, from upstream resource development to downstream deep processing, in order to ensure the stability and quality of its products.
The company places a strong emphasis on technological innovation and research and development. The company collaborates with leading research institutions and universities to drive innovation in the field of tungsten exploration, mining, smelting, powder production, and deep processing. The company’s R&D activities are supported by a comprehensive intellectual property management system, which covers the creation, utilization, and protection of patents, trademarks, and copyrights.
The company’s strategy also includes a focus on sustainable development and social responsibility. The company is committed to environmental protection, responsible supply chain management, and community development. The company’s policies and practices are designed to ensure the long-term sustainability of its operations and the well-being of the communities in which it operates.
Products and Services
The company’s product portfolio covers the entire tungsten industry chain, from upstream raw materials to downstream deep-processed products. The main products and services include:
Tungsten Concentrates: The company produces high-quality tungsten concentrates through advanced mining and beneficiation processes. These concentrates serve as the primary raw material for the company’s midstream and downstream operations.
Ammonium Paratungstate (APT): The company manufactures high-purity APT, which is a key intermediate product in the tungsten industry. APT is used as a raw material for the production of tungsten oxide, tungsten powder, and tungsten carbide powder.
Tungsten Oxide: The company produces tungsten oxide, which is used in the manufacture of tungsten powder and other downstream products.
Tungsten Powder: The company’s tungsten powder is used in the production of cemented carbide and other high-performance tungsten materials.
Tungsten Carbide Powder: The company produces tungsten carbide powder, which is a critical raw material for the manufacture of cemented carbide products.
Cemented Carbide: The company’s cemented carbide products are used in a wide range of applications, including cutting tools, mining tools, and wear-resistant components.
Thermal Spray Powder: The company produces thermal spray powder, which is used in surface coating applications to enhance the wear resistance and performance of industrial components.
Customized Tungsten Products: The company offers customized tungsten products and solutions to meet the specific needs of its customers in various industries, such as machinery manufacturing, aerospace, defense, electronics, and transportation.
Customer Service: The company has established comprehensive customer service protocols, covering the entire process from pre-sale to after-sale.
Geographical Markets Served
The company’s operations are primarily based in China, with a focus on the domestic market. The company’s mining rights and production facilities are located in key tungsten-producing regions, including Jiangxi Province.
Customers
The company serves a diverse customer base across various industries, including machinery manufacturing, aerospace, defense, electronics, and transportation. The company’s customers include manufacturers of cutting tools, mining tools, wear-resistant components, and other industrial products that require high-performance tungsten materials.
Sales and Marketing
The company’s sales and marketing strategy is based on a combination of direct sales and distributor channels.
Government Regulations
The company strictly complies with all relevant laws and regulations governing its operations, including the Company Law, Securities Law, Listing Rules of the Shenzhen Stock Exchange, and other applicable regulations. The company complies with the Water Resources Tax Reform Pilot Implementation Measures, which require the payment of water resources tax for the direct use of surface water or ground water.
The company’s advertising and promotional activities are conducted in compliance with the Advertising Law, Consumer Rights Protection Law, and Interim Measures for the Administration of Internet Advertising. The company’s information security management systems are designed to comply with the Cybersecurity Law, Data Security Law, Personal Information Protection Law, and Information Security Level Protection Management Measures.
History
Chongyi Zhangyuan Tungsten Co., Ltd. was founded in 1990. The company was incorporated in 2007.