Jiangsu Tiangong Tools New Materials Co., Ltd.
Address: Houxiangqianxiang Village, Danbei Town, Zhenjiang City, Jiangsu Province
Company Overview
Tiangong International Co., Ltd. is located in Danbei, Danyang, Jiangsu Province, the "Hometown of Chinese Tools", with more than 3,500 employees. Founded in 1981, the company is a domestic cutting-edge manufacturer of new materials such as high-speed steel, die steel and cutting tools. It is one of the earliest domestic enterprises to realize large-scale production of powder metallurgy for tool steel materials; a national high-tech enterprise, a Chinese private enterprise, one of the top 500 Chinese private enterprises in manufacturing, and a Chinese industrial model enterprise; the world's SMR steel list - the comprehensive strength of tool steel is among the best in the world. Tiangong International was listed on the main board of the Hong Kong Stock Exchange on July 26, 2007. On March 9, 2020, Tiangong International became a constituent stock of the Hang Seng Index and officially entered the Shenzhen-Hong Kong Stock Connect. The company's high-speed tool steel, die steel, and cutting tool product output have been among the best in China and even the world for many years. In November 2019, its tool steel powder metallurgy large-scale production line was built in Tiangong and achieved stable quality production. At present, Tiangong's powder steel finished products have achieved import substitution for many varieties. The products are widely used in aviation, automobile, ocean, high-speed train, petrochemical, mechanical processing and other fields. Tiangong insists on the road of combining production, learning and research, and has established good industry-university-research cooperation with scientific research institutes and universities such as the Iron and Steel Research Institute, Southeast University, Nanjing University of Technology, and Shandong University. Among them, the High-Speed Steel Research Center was jointly established with the Iron and Steel Research Institute, the High-Speed Steel and Tool Engineering Technology Research Center was established with Southeast University, the Jiangsu Ocean Engineering New Materials Laboratory was established with Nanjing University of Technology, and the Jiangsu Postdoctoral Research Station was established, making Tiangong a production experimental base and scientific research center for high-speed tool steel and die steel in China. Through the cooperation of industry, learning and research, a large number of practical talents with strong technical and innovative abilities have been gathered and created, which greatly improved Tiangong's R&D capabilities and technical level. The company has built a complete high-alloy tool steel new material and tool production system, completing the construction of a complete production chain from smelting, remelting, forging, cold rolling and hot rolling, drawing and rolling to deep processing, as well as molten steel injection molding, metal powder preparation, hot isostatic pressing, etc., and the production equipment is at the forefront of the world. High-speed tool steel varieties include round steel, flat steel, square steel, steel wire, straight bar, coil, thin plate, etc. of various steel grades; mold steel products include round steel, flat steel, large modules and other products of hot work, cold work and plastic mold steel; powder metallurgy products include spray ingots, material powders, hot isostatic pressing ingots, etc. Tiangong began to develop and produce cutting tools in 1987. Its products use high-alloy high-speed tool steel, cemented carbide, powder metallurgy steel, etc. as raw materials. The products include ground drills, rolled drills, milling drills, taps, turning tools, carbide indexable inserts, integral carbide series tools and carbide rods, etc. Tiangong has international sales branches in countries and regions such as the United States, India, the Czech Republic, Turkey, Canada, and Italy. In November 2020, the overseas tool production plant (Tiangong Thailand) established in Thailand was put into production.