Shareate Tools Ltd. (688257.SS) SHH

16.94

+0.02(+0.12%)

Updated at August 19 09:52AM

Currency In CNY

Shareate Tools Ltd.

Address

No.6 Weixi Road

Suzhou, 215121

China

Phone

86 512 6285 1670

Sector

Industrials

Industry

Manufacturing - Tools & Accessories

Employees

1982

First IPO Date

October 27, 2021

Key Executives

NameTitlePayYear Born
Mr. Hehong WuChairman of the Board & Chief Executive Officer01966
Mr. Ning LiExecutive Officer01972
Mr. Xiang RaoVice President01977
Mr. Guozhu LiuVice President, Financial Director & Director01980
Mr. Lixin YuVice President01966
Ling YaoAccounting Supervisor0N/A
Mr. Ai YuanVice President, Secretary & Director01969

Description

Shareate Tools Ltd. manufactures and sells cemented carbide products and drilling tools in China. The company offers rock drill tools, including rotary tricone bits, tri-cone drill bits, water well bits, down-the-hole (DTH) hammers, and DTH hammer bits; mining tungsten carbide products, including tungsten carbide insert, carbide substrate, shield machine tool, coal cutter pick, and tungsten carbide tubular electrode; precision components; cutting tools; tungsten carbide die products, such as carbide plates, cold headings, hobs, and powder metallurgy dies; and cermet products. It serves mining, oil drilling, metal cutting, petroleum, aerospace, electronics, shipbuilding, chemical, textile, machinery manufacturing, and other industries. The company exports its products to South America, Africa, Australia, Russia, South Korea, the United States, Canada, and other countries. The company was formerly known as Kingdream Shareate Tools Ltd. and changed its name to Shareate Tools Ltd. in May 2012. Shareate Tools Ltd. was founded in 1973 and is based in Suzhou, China.