Kyocera Corporation and Haisheng Tungsten Molybdenum Strong Alliance

In January 2015, Kyocera Precision Tools (Ganzhou) Co., Ltd., jointly funded by Kyocera Corporation and Ganzhou Haisheng Cemented Carbide Co., Ltd., a wholly-owned subsidiary of Haisheng Tungsten Molybdenum Group, was established. The groundbreaking ceremony was officially launched on June 29, 2015 in Ganzhou. The company is located in the Economic and Technological Development Zone of Ganzhou City, Jiangxi Province, the beautiful tungsten capital. The first phase invested 200 million yuan to construct a high-performance hard alloy production line with an annual output of 500 tons, mainly researching and developing, manufacturing, and selling hard alloys and related products.

Kyocera Corporation was established on April 1, 1959 and has grown into a well-known enterprise with 226 subsidiaries and 70000 employees in over 30 countries worldwide. The group's sales revenue has exceeded 10 billion US dollars. Kyocera is one of the world's leading tool manufacturers, and its innovative technology in processing and producing products based on various materials such as hard alloys and cermets has always been praised by customers.

Haisheng Tungsten and Molybdenum Group's tungsten products range from tungsten sand to ammonium paratungstate, tungsten oxide, tungsten powder and tungsten carbide powder, to metal tungsten bars and rods, as well as tungsten molybdenum rods and tungsten molybdenum wires. Its product users cover industries such as machinery, electronics, chemical, medical, aerospace, military, steel, and lighting, and are exported to countries and regions such as Japan, the United States, Europe, South Korea, India, etc. The company has gained good reputation in the industry with high-quality products and comprehensive services, It has become an important private emerging enterprise in the tungsten industry in Ganzhou.

The strong alliance between Kyocera and Haisheng Tungsten Molybdenum Group will establish Kyocera Precision Tool Company, which will become a "high, precision, and cutting-edge" company in the tungsten industry. This will effectively promote the technological advancement of the tungsten industry and also be more conducive to promoting the economic development of Ganzhou City.