Company Overview
Nanchang Cemented Carbide LLC.was founded in 1966, and was restructured in may 2003. At present, it is a state controlled Sino-foreign joint venture controlled by China Tungsten and Hightech Materials Co., Ltd. (stock code 000657), Nanchang Yongsheng Asset Management Co., Ltd. and Japanese company Tungaloy Corporation, and an important subsidiary of China Minmetals Corporation, a fortune 500 company.
The company has built two whole industrialchain production lines from superfine powder to PCB rod to PCB endmill and from superfine powder to rods to cutter. It is one of the production, management and export bases of large-scale tungsten powder products, cemented carbide and precision tools in China, and its products are widely used in machinery, automobile, electronics and aerospace industries.
The company has established a provincial enterprise technology center, excellent national high-tech enterprise, presided over the preparation and revision of more than ten national standards, and has dozens of invention patents and utility model patents. The company was rated as "Jiangxi export famous brand enterprise", the fourth batch of "specialized and innovative" little giant enterprises of the Ministry of Industry and Information Technology, national intellectual property advantage enterprises, national green factories and so on.
In recent years, the sales volume of the company's main products has increased by 10% annually, and the income of employees has increased by more than 10% annually. In 2024, the company achieved an operating income of 1.371 billion yuan, a year-on-year increase of 20%. The company's strategic goal: take the road of specialization and innovation, adhere to the development goal of specialization and innovation, strive to build a benchmark enterprise for deep processing of tungsten industry in Jiangxi Province, and help China Tungsten and Hightech Materials Co., Ltd. to build a "mine-smelting-alloy" tungsten industrial chain in Jiangxi Province.