Based in Xiamen, Xiamen Tungsten Industry Co., Ltd. has established Xiamen Lu Jin Company and Xiamen Lu Hong Company, which produce tungsten powder, tungsten carbide powder, cemented carbide and tungsten wire, Chengdu Hongbo Company and Ganzhou Hong Fei Company, which mainly produce tungsten molybdenum wire and Dumex wire, as well as Xingluokeng Tungsten Mine Co., Ltd. and Luoyang Yulu Mining Co., Ltd., which mainly mine tungsten. Therefore, after more than 20 years of development and industrial adjustment, Xiamen tungsten material industry has formed a complete industrial chain with complete system, reasonable structure and scale benefits, from tungsten mining, tungsten smelting and powder metallurgy to the recycling of cemented carbide, tungsten wire and waste tungsten, which can complement each other's advantages and develop professionally, and has a far-reaching impact on the regional economy and a positive driving role in the industry economy.