What level of state-owned enterprise is Wujiang Group?

The group is a key state-owned enterprise.

Jiangxi Tungsten Holding Group Co., Ltd. (hereinafter referred to as Jiangtungsten Holding Group), established in Nanchang City, Jiangxi Province, is a key state-owned large-scale industrial enterprise in Jiangxi Province with a history of one hundred years. The predecessor of Jiangtungsten Holding Group includes Xihuashan Tungsten Mine, Zhonghua Tungsten Mine Company, Zhongnan Tungsten Bureau of Central Heavy Industry Department, China Huaxing Tungsten Company and Jiangxi Rare Earth Tungsten Group Company.

The Group is mainly engaged in the mining, smelting, processing and trade of rare metals such as tungsten, rare earth, tantalum, niobium and lithium, as well as machinery manufacturing and scientific research services. As a large-scale enterprise group in the domestic rare metal industry, Jiangwu Holding Group has formed an industrial system in which four metal industries, namely tungsten, rare earth, tantalum, niobium, lithium, copper, cobalt and nickel, and three non-metal industries, namely machinery manufacturing, scientific research services and domestic and foreign trade, support each other.