Zhangyuan Tungsten Industry: Tungsten powder production capacity is 15,000 tons/year, tungsten carbide powder production capacity is 13,100 tons/year, and future capacity expansion will be based on market conditions. Date: 2024-1-18

Zhangyuan Tungsten Industry: Tungsten powder production capacity is 15,000 tons/year, tungsten carbide powder production capacity is 13,100 tons/year, and future capacity expansion will be based on market conditions. Date: 2024-1-18 Source: Finance World

On January 16th, Finance World reported that according to the disclosure of the investor relations activity record form by Zhangyuan Tungsten Industry, the company's tungsten powder production capacity is 15,000 tons/year, tungsten carbide powder production capacity is 13,100 tons/year, and the production capacity of ultrafine tungsten carbide powder is 2,500 tons/year (Phase I), which has been gradually released. Future capacity expansion will be based on market conditions. Ganzhou Aoketai's high-performance hard alloy precision cutting tool production capacity is 20 million pieces/year, and the hard alloy bar production capacity is 1,000 tons/year. The sales volume of Cutting Tools remains steadily growing, and the gross profit margin continues to improve. In the future, Ganzhou Aoketai will continue to expand the production capacity of competitive and high value-added products based on market demand.