Luoyang Kewei Tungsten Molybdenum Co., Ltd

1, Basic information of the enterprise: Kewei Tungsten Molybdenum was established in 1996 with a registered capital of 105 million yuan. It is located in the advanced manufacturing cluster area of Jianxi and is a deep processing enterprise of molybdenum, tungsten and its alloy new materials that integrates design, research and development, production, sales and services.

2, Product Introduction: The company's products are mainly divided into two categories: Traditional products and emerging products. 1. Traditional products - molybdenum electrodes, molybdenum plates, and molybdenum sheets. Traditional products are mainly used in various specialized high-temperature furnaces, single crystal growth furnaces, sapphire growth furnaces, industrial tanks and kilns such as glass fiber, glass containers, and ceramic fibers. 2. Emerging products include molybdenum tube targets, new displays (LCDs), glass power generation, and thin film power generation coating materials. The only domestic full process production enterprise has successfully completed localization, replaced imports, and exported to Samsung in South Korea. Low temperature superconducting material, pioneering domestically and advanced internationally. Molybdenum based high-performance high-temperature alloy materials, a key material for national shortcomings, are urgently needed to replace imports. The key components of air-to-air missiles are currently the only supplier to the military.

3, Research and development innovation situation: 1. Innovation and upgrading of traditional products: Research and development of near net forming technology for key components in the rare earth industry, innovation in sheet metal technology for large boat products. 2. Research and development of substitute imported products: Research and development of key components in magnetic material production lines, research and development of photovoltaic coated molybdenum sodium alloy tube targets. 3. Research and development of emerging products: Research and development of small single weight superconducting wires for civilian use, research and development of ultra long and fine molybdenum tubes (replacing zirconium tubes) for nuclear power, research and development of high-temperature, high strength and toughness, ultra large size TZM alloy products

4, Development status and honors: Achieved revenue of 150 million yuan in 2021, with a growth rate of 114%; Revenue of 230 million yuan in 2022, with a growth rate of 53%; Revenue of 300 million yuan in 2023, with a growth rate of over 30%; Expected revenue of 360 million yuan in 2024, with an annual growth rate of 20%. Honors: National High tech Enterprise, National "Specialized, Refined, Unique and New" Small Giant Enterprise, National Science and Technology based Small and Medium sized Enterprise, Henan Molybdenum and Molybdenum Alloy Engineering Technology Research Center, Non ferrous Metals Provincial and Ministerial Co construction and Co creation Center, Director Unit

5, Future plan: The company will start from 2024, focus on strong research and development, seize opportunities, and keep up with the market. In the next five years, the performance growth rate will not be less than 20%, and gradually complete the main board listing plan

Sales Manager: Terry Yang