Shareate Tools LtdSHG 688257 Stock Report

Shareate Tools Ltd. engages in mining tools and powder metallurgy products. The company is headquartered in Suzhou, Jiangsu and currently employs 800 full-time employees. The company went IPO on 2021-10-27. The firm's main products include rock drilling tool alloys, cutting tool alloys, cone drills, down-the-hole hammers, and down-the-hole drills. The firm's products are mainly used in mining, petroleum drilling, engineering machinery, automobile manufacturing, electronic information and aerospace military industries. The firm operates its businesses in the domestic market and to overseas markets.