Xiamen Tungsten Co., Ltd. (600549.SS) SHH

Currency In CNY

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Xiamen Tungsten Co., Ltd.

Address

Building A

Xiamen, FU 361009

China

Phone

86 59 2335 1797

Sector

Basic Materials

Industry

Industrial Materials

Employees

17899

First IPO Date

November 07, 2002

Key Executives

NameTitlePayYear Born
Bingxian ZhongVice President & Chief Financial Officer01976
Chao HongVice President01967
Hao LinAccounting Supervisor0N/A
Gao Chao WuPresident & Director01967
Kexiang ZhongExecutive VP & Director01973
Yu Jun ZhouVice President & Secretary of the Board of Director01987
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Description

Xiamen Tungsten Co., Ltd. is a global and domestic Chinese enterprise primarily focused on the entire lifecycle of crucial metals. Its core operations encompass the extraction, refining, advanced processing, and recycling of tungsten, molybdenum, and rare earth elements. The company's extensive product range includes various tungsten concentrates (such as WO3 and WOX), tungsten powder, tungsten oxide, and high-value-added tungsten products like cemented carbide, tungsten steel, bars, and wires. It also provides essential materials such as tungsten carbide powder and cobalt powder. In the rare earth sector, Xiamen Tungsten manufactures rare earth oxides, rare earth metals, permanent magnets, and phosphor products. For molybdenum, its offerings span ammonium molybdate, molybdenum powder, round blanks, wires, crucibles, plates, electrodes, and molybdenum oxides, along with other specialized molybdenum derivatives. Beyond these foundational materials, the company is a significant producer of advanced components for Li-ion batteries, including cathode materials like lithium cobalt oxides, ternary cathode materials, lithium manganese oxides, and lithium iron phosphates. It also supplies hydrogen storage alloy powders. Diversifying its portfolio, Xiamen Tungsten also undertakes property development, constructing residential communities and commercial office buildings in major Chinese cities such as Xiamen, Zhangzhou, Chengdu, Luzhou, and Chongqing. Originally founded in 1958 as Xiamen Wu Factory, the company rebranded to its current name, Xiamen Tungsten Co., Ltd., in December 1997. Its corporate headquarters are situated in Xiamen, China.

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