Xiamen Tungsten

Activity by year

20252026

AcquisitionNew facility

Jul 9, 2026NEW FACILITYWenjiang District, Chengdu, Sichuan, China$147.0M
Xiamen Golden Egret starts construction of cutting tool plant in Chengdu
Xiamen Golden Egret, a subsidiary of Xiamen Tungsten, broke ground on a 1.05 billion yuan cutting tool product line and solution center in Wenjiang, Chengdu. The facility will produce 30 million indexable tools, 4 million solid carbide tools and 2 million superhard tools annually.
Xiamen Golden Egret Xiamen Tungsten partner #Industrial Machinery en.gesac.com.cn
Dec 29, 2025ACQUISITIONGermany$10.5M
Xiamen Tungsten subsidiary to acquire Mimatic Tools for €10M
Xiamen Tungsten announced that its subsidiary Xiamen Jinlu Special Alloy will increase capital of German Jinlu Hard Alloy by €14.9011 million, which will then acquire 100% of German Mimatic GmbH for a base price of €10 million, with an additional €4.9011 million capital increase for the target.
Xiamen Tungsten investor Xiamen Jinlu Special Alloy investor German Jinlu Hard Alloy acquirer Mimatic GmbH target #Industrial Machinery news.futunn.com

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