Xiamen Tungsten Co Ltd
SSE:600549
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Xiamen Tungsten Co Ltd's latest stock split occurred on Jun 19, 2018
The company executed a 13-for-10 stock split, meaning that for every 10 shares held, investors received 13 new shares.
Before the split, Xiamen Tungsten Co Ltd traded at 21.37 per share. Afterward, the share price was about 15.9102.
The adjusted shares began trading on Jun 19, 2018. This was Xiamen Tungsten Co Ltd's 5th stock split, following the previous one in May 11, 2015.
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002315
Xiamen Tungsten Co Ltd
Glance View
Nestled on the picturesque coast of the Fujian province, Xiamen Tungsten Co Ltd. has evolved into a key player in the global materials industry. Initially founded in 1982, the company capitalized on China's rich natural resources and emerging technological advancements, carving a niche for itself in the production and processing of tungsten and related materials. Over the years, Xiamen Tungsten expanded its expertise beyond raw tungsten into the downstream fields of tungsten powder, cemented carbide products, and the production of rare earth materials. This strategic evolution allowed the company to diversify its scope, ensuring a steady revenue stream not merely from mining, but also from manufacturing high-value-added products essential in sectors ranging from electronics to automotive manufacturing. In the heart of its business model lies a sophisticated integration of resource development, environmental sustainability, and technological innovation. The vertical integration enables Xiamen Tungsten to maintain control over its supply chain, thus optimizing costs and improving quality assurance across its product lines. The company's commitment to research and development is evident in its comprehensive approach to utilizing rare earths and advanced materials, a move that not only bolsters its product offerings but also aligns with global trends in renewable energy and technology. By forging strategic partnerships and fostering innovation, Xiamen Tungsten Co Ltd. continuously enhances its market competitiveness while adapting to ever-evolving industrial demands, thus sustaining its profitability and growth in the dynamic materials landscape.
