Recently, Sinovel Precision, a listed company of Cemented Carbide, plans to invest 40 million RMB to set up a wholly-owned subsidiary, Sinovel Cutting, and hold 100% equity interest in Sinovel Cutting. At present, Sinovel Cutting has obtained the Business License and completed the business registration procedures. The establishment of Sinovel Cutting is based on Sinovel’s strategic goal of becoming a total cutting solution provider, which can further consolidate and enhance Sinovel’s market competitiveness.
More details of tungsten, molybdenum and rare earth news, please visit website: https://www.ctia.com.cn/en/
Please contact CHINATUNGSTEN for inquiry and order of tungsten and molybdenum product:
Email: sales@chinatungsten.com
Tel.: 86 592 5129595
