On August 30, 2023, under the correct leadership of Mr. Xu Jianmin, the General Manager of the company, and the tireless efforts of Mr. Zhang Erzhao, the Deputy General Manager, who worked day and night, the employees of Yangquan Company fought hard for several days. The first phase project (2000 tons of molybdenum and molybdenum alloy project) of Combat Yangquan New Materials Co., Ltd. successfully completed a 48-hour operation and achieved smooth operation. The uniformity of the products on the molybdenum powder fully automated production line has been greatly improved! As another major production base of Luoyang Combat Tungsten and Molybdenum Materials Co., Ltd., the successful start-up of Yangquan Company is a significant milestone in the company's development!

Yangquan Company has a total investment of 150 million RMB and a building area of over 20,000 square meters. It is a new materials production enterprise specializing in primary products of tungsten and molybdenum deep processing, such as molybdenum powder and tungsten powder. The project is divided into two phases: the first phase has an annual production capacity of 2000 tons of molybdenum powder and 1000 tons of molybdenum alloy products production line, and the second phase is planned to be completed next year. After the second phase expansion, it will form a production line with 4000 tons of molybdenum powder, 2000 tons of tungsten powder, and 1000 tons of deep processing products.

This project adopts automated production equipment, which is at an advanced level in the domestic industry, not only greatly saving labor costs but also doubling the production output.

The successful start-up of Yangquan Company has extended and supplemented the company's product structure, and has better realized the dual-cycle economy and supply chain economy with Luoyang Combat Tungsten and Molybdenum Materials Co., Ltd. and Luoyang Yatian Alloy Technology Co., Ltd., empowering the company for high-quality development.