Abstract After the tungsten and high-tech recombination injection plant is hard and self-hardening, it has become the leading enterprise in China's hard alloy industry. At present, the entire company's market share in China has reached about 35%. The company controlled the hard group and the self-hardening company, which are the largest and third largest cemented carbide production in China...
After the hardening and self-hardening of the medium-tungsten high-tech recombination injection plant, it has become the leading enterprise in China's hard alloy industry. At present, the entire company's market share in China has reached about 35%. The company's controlled plant group and self-hardening company are the largest and third largest cemented carbide producers in China. The company has a leading position in the market segment of four hard alloy sub-products. Zhuhard Group is China's largest cemented carbide producer. It is one of the 156 key projects built during the “First Five-Year Plan†period. It currently has a production capacity of 6,000 tons per year of hard alloys, covering APT, tungsten powder and carbonization. Tungsten powder, various types of hard alloys and their tools, tungsten and molybdenum products, and tantalum products are the largest tungsten enterprises in China with the largest scale, the highest variety, the highest grade and the most competitive. Zhuhard Group currently has two product specialty divisions, 12 production plants, and six holding subsidiaries, namely, the product division, the profile alloy division, and the carbide production line and shaped carbide production line. 12 production lines including cemented carbide profile production line, cemented carbide compound production line, cemented carbide mold production line, tungsten carbide production line, tungsten-molybdenum product production line, tungsten-cobalt alloy production line, bit production line, cobalt powder production line and steel combined gold production line. Branch factory. The six holding subsidiaries are Zhuhard Import and Export Corporation, Zhuzhou Diamond Cutting, Zhuzhou Changjiang Cemented Carbide, Luzhou Diamond, Shenzhen Jinzhou Seiko Technology, and Zhuzhou Diamond Drilling. As the largest cemented carbide producer in China, Zhuhard Group has maintained its number one position in the domestic market for cutting blades, mining alloys and wear-resistant parts.
Self-hardening company is China's third largest cemented carbide production enterprise and the second largest cutting blade manufacturer. It has an annual production capacity of about 2,000 tons of cemented carbide. The products cover tungsten powder, tungsten carbide powder and various hard alloys. , tungsten and molybdenum products. Self-hardening company's existing powder branch, powder branch, mixed material plant, blade branch, wear-resistant parts plant, mold branch and mining alloy plant have seven production workshops, under the jurisdiction of Zigong Keruide, Zigong Yaxitek, Zigong Changjiu three holding subsidiaries and self-hard Chengdu, Chengdu Gerunt special two wholly-owned subsidiaries. In 2012, the self-hardening company produced 672 tons of cutting inserts, accounting for 15.64% of the country, ranking second in the domestic industry; 708 tons of hard-faced materials, ranking first in the domestic industry.
The company has outstanding advantages in deep processing such as precision tools and micro-drills.
The company's position as a hard alloy faucet is not only reflected in the company's output and market share, but also in the company's technology, and has a variety of cutting-edge products, and has a good reputation at home and abroad.
In terms of technology, the joint venture subsidiary Zhuji Group has strong technical innovation capabilities. It has a national technical center, an analytical testing center and a research and development center with international advanced level. Since the 10th Five-Year Plan, Zhuhard Group has invested a total of 2 billion yuan, focusing on the construction of a diamond industrial park based on metal cutting tools, Chenzhou diamonds based on tungsten smelting, and Shenzhen Jinzhou based on micro-drilled printed circuit boards. At the same time, the Science and Technology Park organized and implemented more than 10 technological transformations such as tungsten-molybdenum tantalum and cemented carbide old systems, and many production technologies reached or approached the advanced level of the contemporary world.
In terms of specific products, Zhuhard's hard diamond cutting has a world-class indexable CNC blade production line and supporting tool production line, solid carbide hole machining tool production line, traditional blade production line, non-metallic ceramic blade and structural parts. The production line has established a research and development center integrating scientific research and applied research. Hard Diamond Cutting provides high-precision turning, milling, boring, drilling, cutting, grooving and threading for a wide range of physical, chemical, cermet, non-metallic and superhard materials. The indexable CNC inserts and the high-precision tools are available, as well as a wide range of high-quality welding inserts, machine insert inserts, solid carbide tools and tool systems. The company also continuously introduces advanced cutting tools and hole machining tools suitable for the manufacturing industries such as mold manufacturing, automobile manufacturing, and aerospace manufacturing. It can produce all kinds of cutting tools according to different needs of customers, and provide complete solutions for machining. Program. Its marketing and service network covers the whole country, and its overseas sales network including permanent sales companies in Europe and the United States covers more than 70 countries around the world, and its products are exported to all continents.
Shenzhen Jinzhou is China's largest high-tech enterprise in the design and production of carbide drills, milling cutters, precision tools and precision molds. It has more than ten years of experience in designing and manufacturing various micro-drilling products and precision molds. The technical level is in a leading position in the domestic industry. It has a well-equipped technical research and development department, an advanced testing center and a number of utility model patents. The annual research and development investment is about 3-5 percent of sales revenue. The company has the world's most advanced micro-drilling automated production equipment, capable of producing dozens of varieties and nearly a thousand different types of carbide drills. It is one of the only manufacturers in China that can produce 0.02mm very small drill bits. Standard drill sizes range from Φ0.02mm to Φ6.50mm, and milling cutters range from Φ0.40mm to Φ3.175mm. The comprehensive product performance indicators are in the leading position in the industry. Shenzhen Jinzhou's products not only have a leading market share in China, but also are exported to the United States, Canada, Germany, the United Kingdom, Italy, Japan, Singapore, South Korea, Hong Kong, Taiwan and other countries and regions. In addition, the automotive air-conditioning fin-level progressive die products produced by Shenzhen Jinzhou have high manufacturing precision, long service life and stable quality, and are in a leading position in the Chinese automotive air-conditioning industry.
With the support of excellent products, Zhuzhou Diamond Cutting and Shenzhen Jinzhou are the main profit of the company and Zhuhard Group. For example, in the first half of 2013, Zhuzhou Diamond Cutting and Shenzhen Jinzhou's net profit attributable to shareholders of the parent company were 49.435 million yuan and 20,232,300 yuan respectively, which was the main source of profit for Zhuhard Group. This feature is more prominent in the 2011 profit distribution.
Signed a letter of intent with Sandvik
On June 17, 2014, China Tungsten High-tech and Sandvik signed the “Project Cooperation Letter of Intent†in Beijing. The two parties initially agreed to establish cooperation in the field of cutting tools through the establishment of a joint venture company. Sandvik is a high-tech multinational industrial group that is a global leader in the manufacture of cemented carbide and tools, providing products and services that enhance customer productivity, profitability and safety. In 2013, Sandvik employs 47,000 people and has annual sales of SEK 87 billion. It has representative offices in more than 130 countries around the world.
The actual controller promised to build the company into an integrated tungsten enterprise.
In the process of the company's resumption of listing and restructuring, Minmetals Group promised in December 2012 that it will form a tungsten-tungsten mine, tungsten smelting, tungsten powder, cemented carbide and deep processing through mergers and acquisitions in the next three years. The complete tungsten industry chain will be built into a strong enterprise of tungsten and hard alloys of Minmetals Group. At present, the company already has the tungsten smelting, tungsten powder, hard alloy and deep processing industry chain that started from APT production, and lacks the tungsten mine link.
Minmetals is a leading company in China's tungsten industry. From the perspective of the production of tungsten concentrate, APT and cemented carbide and its market position, the company has a strong market position and is in the forefront of the domestic industry.
The tungsten plate enterprises owned by Minmetals Nonferrous Metals Holdings Co., Ltd. are mainly divided into two parts, the tungsten enterprises of Hunan Nonferrous Metals Group and the tungsten resources of Jiangxi.
Among the tungsten resources, the main enterprises are: tungsten mineral resources of Hunan Nonferrous Metals Co., Ltd., including Shizhuyuan, Yuanjing Tungsten Mine, Xintianling and Huangshaping, and some tungsten resources; Hunan Nonferrous Metals Group has not entered Hunan Nonferrous Metals. Tungsten mines also include Yaogangxian and Xiangdong tungsten mines; Minmetals' tungsten resources enterprises in Jiangxi have Jiangxi Tungsten Industry-related companies and Xianglushan Tungsten Mine.
In the production of tungsten smelting, powder and cemented carbide, Minmetals Nonferrous Holdings also holds assets including Nanchang Cemented Carbide, 100% equity of HPTec, Ganzhou Tengzhou Huaxing Tungsten Products Co., Ltd. and Zhangzhou Hua Tungsten Material Co., Ltd.
Due to the complexity of the injection of assets, especially tungsten mines, there are more stakeholders involved. At present, the company and the actual controller are still advancing the related research work of the program.
The company's raw material supply is guaranteed. Minmetals is the largest supplier of tungsten ore in China, providing the company with a solid raw material guarantee. The company's annual tungsten demand is equivalent to about 20,000 tons of tungsten concentrate, which are all purchased externally. The form of purchase includes tungsten concentrate, some APT, and even some tungsten carbide powder. Most of the annual tungsten demand is met through a related transaction with Minmetals or its controlled mines. Most of the tungsten mines under Minmetals and Minmetals are the company's raw material suppliers.
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