Xiamen Golden Egret to acquire 70% stake in Yuanxing Precision
2026-03-25 15:31:44 [Print]
Xiamen Golden Egret Special Alloy Co., Ltd., a subsidiary of Xiamen Tungsten, plans to invest RMB104 million (USD15.09 million) to acquire a 70% equity stake in Yuanxing (Xiamen) Precision Tools Co., Ltd. The move aims to advance the company's diversified cutting tools strategy and strengthen its R&D and manufacturing capabilities in high-performance tapping tools.
Yuanxing Precision specializes in the production and sale of precision threading tools, including forming taps and cutting taps. Its mid- to high-end products are widely used across aerospace, automotive, medical, 3C electronics, 5G communications, and wind power sectors.
Yuanxing Precision specializes in the production and sale of precision threading tools, including forming taps and cutting taps. Its mid- to high-end products are widely used across aerospace, automotive, medical, 3C electronics, 5G communications, and wind power sectors.
Thorium Tungsten Electrode ThO2 1.7-2.2% EXW China
Unit:RMB/kg
China sodium tungstate producers' suspension number statistics by province by month
Unit: pcs
