Ganzhou Achteck Tool Technology Co., Ltd. is a wholly-owned subsidiary of Chongyi Zhangyuan Tungsten Co., Ltd. (Listed Company with stock code 002378).It was established in 2007, located in Ganzhou Economic Development Area, with an area of 200,000 m.The registered capital of Achteck is 1.65 billion Yuan. Achteck has world class cemented carbide tool production technology. Achteck products can be widely applied in Petroleum, electric power, iron and steel, CNC machine tools industries and fields. Advanced production technology ◆ High performance and high precision cemented carbide coated ierts production line. Total investment was839 million Yuan. Based on the standard of Top level in Technology, Equipment and Automation over the world, by importing advanced production technology for cemented carbide coated ierts and tooling, and selecting the most advanced production, RD and ipection equipment, Achteck established the production line of 10 million pcs(100 to / year) coated ierts annual output. Product series are covering turning and milling ierts in cast iron, steel, stainless steel and other applicatio. ◆ With a total investment of 480 million Yuan and introduction of German process and machineries, another high performance carbide rods production line was built with an annual output of 400 to of high-performance solid carbide drills (blanks).Achteck produces solid rods, rods with straight hole(s) and spiral holes in different sizes and dimeio. Blank rods are good choices for solid carbides such as end mills, drills, micro-drills and micro-mills. Technical strength Along the way, Achteck always sticks to the spirit of innovation, research and development by enhancing exteive cooperation with famous domestic international colleges and univeities, focuses on internal talent training. At the same time, company has introduced technical experts from domestic and foreign in this industry. As a result Achteck holds a strong RD team. By the end of 2016 Achteck has developed products covering turning, milling and drilling technologies for all types of materials including steel, stainless steel, cast iron, aluminum alloy, super alloy and harden steel. Among all those products, the turning grades AC150P and AC250P, which are used for machining steel and has put into mass production and sales, has won 2016 Jung Garl Gustarv Technology Innovation Award. At present Achteck ow 4 patents of inventio, 11 practical new patents, 7 design patents of appearance and 4 Germany design patents of appearance. Achteck has established standard and high-efficient internal control management system, carried out 6S management and passed ISO9001 quality management system. Meanwhile Achteck strengthe on the work of Party building, which involves combination and deep integration between Party building and company development, to support development of Achteck in a quicker manner. Future Development Seeing Benefit from Resources, Reliance on Technologies, Devotion to Humanity and Top with Trustas operation philosophy and Safety, Harmony, Efficiency and Innovation as target, Achteck keeps self-innovation along with research and development. In the next five to ten yea, to trafer advantage in raw material towards technology and industry, Achteck will continue import world advanced techniques, machineries and management concept, speed up expanding high performance cemented carbide coated ierts and establishment of soft steel and solid carbide projects. All these projects would serve current products, coated ierts and blank rods. More particularly it would increase competitiveness of Achteck and help Achteck become a fit-class cemented carbide manufacturer in China.