On August 24, 2022, our company carried out the mid year work report. Mr. Xu, chairman of Luoyang kangbote tungsten molybdenum materials Co., Ltd., and the general manager of the sales department and the procurement department attended the meeting together with the employees.

  The meeting heard reports from the general managers of various departments. In terms of overall business objectives, the metal volume of tungsten and molybdenum products sold in domestic trade in the first half of the year increased by 7% year-on-year, and the sales revenue increased by 30% year-on-year. International trade sales in the first half of the year increased by 46%. At the same time, in terms of production support, in the first half of the year, the company continued to cooperate closely with excellent enterprises such as Luomo high tech and Luoyang nonferrous yongzhuo tungsten molybdenum, with the sales of ammonium molybdate increasing by 6% year-on-year and tungsten powder increasing by 28.5% year-on-year. In addition, after a year of construction, Yatian factory has been handed over from the construction department to the production department in early April this year. Recently, equipment commissioning work has been carried out in the workshop; Kangbote Yangquan New Material Co., Ltd., which was officially registered on March 2 this year, has a registered capital of 50 million yuan. Currently, the project team has been established, and the staff have entered the Yangquan plant, entering the stage of site layout planning and equipment purchase.

  2022 is an extraordinary year for the company. As the company is in the period of great development, it brings great challenges to its operation and management. The middle of the year is a crucial period connecting the past and the future. Although there are many obstacles on the way forward, we still work hard and have the courage to compete, and have achieved good results. It is hoped that in the second half of 2022, the whole company will still conscientiously implement the spirit and specific requirements of the work meeting at the beginning of the year, and make concerted efforts to achieve better results!