High tungsten new capital increase to about 2.09 billion, an increase of about 50%

Tianyancha App shows that recently, Zhongwu Gaoxin has undergone a business change, with its registered capital increasing from approximately 1.4 billion RMB to approximately 2.09 billion RMB, an increase of about 50%. Zhongwu Gaoxin Materials Co., Ltd. was established in March 1993, with Li Zhongze as the legal representative. Its business scope includes research, development, production, sales, and trade of hard alloys, as well as deep processing of tungsten, molybdenum, tantalum, niobium, and other non-ferrous metals and their products and equipment. Shareholder information shows that the company is jointly owned by China Minmetals Corporation, Minmetals Tungsten Group Co., Ltd., China Guoxin Investment Co., Ltd., and others.