000657China Tungsten HighTechSZSE

China Tungsten and Hightech Materials Co., Ltd.

中钨高新

000657

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryMetal Products
ISINCNE0000006M4
ListedDecember 5, 1996
Websitewww.minmetalstungsten.com
IR Emailzwgx000657@126.com
Phone(+86)731-28265977/28265979
Sourcecninfo.com.cn
Address10-12F, Zuanshi Building, No. 288, Zuanshi Road, Hetang District, Zhuzhou, Hunan

Company Overview

China Tungsten and Hightech Materials Co., Ltd. is a leading manufacturer in the tungsten industry, primarily engaged in the development, production, and sales of tungsten concentrates, cemented carbides, and various non-ferrous metals, including molybdenum, tantalum, and niobium. The company was listed on the Shenzhen Stock Exchange in 1996 and has established itself as a key player in the metal products sector, with a strong focus on technological innovation and sustainable development. The company's operations encompass a complete tungsten industry chain, including mining, smelting, processing, and trade, supported by significant resource reserves. It manages several subsidiaries, such as Zhuzhou Cemented Carbide Group and Hunan Shizhuyuan Nonferrous Metals, which contribute to its extensive product portfolio of over 10,000 specifications. With a well-established global marketing network and a commitment to research and development, China Tungsten and Hightech Materials aims to enhance its competitiveness and core capabilities while serving a diverse customer base across more than 70 countries.

AI-generated from company disclosures and CNInfo data.

Company Profile

1. The company is a leader in China's tungsten industry, with the world's highest cemented carbide output. Its cutting tools, micro-drills, cemented carbide rolls, ball teeth, precision parts, hardfacing materials, and molybdenum wire are the largest in scale and most advanced in technology in China. It offers a full range of cemented carbide products, from basic tungsten powder to high - value - added blades and tools, including over 10,000 types of CNC blades. The expanding product range and optimized structure enhance its market competitiveness and risk resistance. 2. As the tungsten industry operation and management platform of China Minmetals Group Co., Ltd., the company manages a complete tungsten industry chain, covering mining, smelting, processing, and trade. Within its management scope are 17.4% of China's total tungsten resource reserves and 14.6% of the national APT production capacity, giving it strong raw material support. 3. The company's talent pool and R&D strength are top - notch in the industry. Zhuzhou Cemented Carbide Group Co., Ltd., known as the "cradle of China's cemented carbide industry," is China's first cemented carbide R&D and production enterprise. It boasts the industry's sole National Key Laboratory of cemented carbide, several national sci - tech innovation platforms and high-tech firms, and has undertaken many national and provincial key sci - tech projects. It holds 1,773 valid patents, over 1,000 full - time R&D staff, and its R&D investment is rising, underpinning its technological innovation. 4. The company has built a global marketing network spanning multiple countries and regions. Its brands, "Diamond" and "Great Wall," are renowned both domestically and internationally, and its products are recognized by many well-known enterprises. It enjoys good and stable customer relationships.

71 announcements tracked· Last: August 6, 2026

Key Financials

Revenue¥7.01bn
Net Profit¥921.1M
ROE8.62%
Debt Ratio59.38%
Monetary Funds¥1.95bn
Receivables¥3.43bn
Total Shares2.28bn

Announcements

71 totalCSV

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