- Business
- Zhuzhou Huarui Precision Cutting Tools Co.,Ltd. (688059.SS) engages in the research, development, manufacturing, and sale of cemented carbide computer numerical control (CNC) cutting tools in China. The company offers turning inserts for machining outer and inner circles, end faces, and threads of steel, stainless steel, cast iron, and other materials; milling inserts and tools; hole machining tools including drills; cutting and grooving inserts for profiling shafts, rings, and similar parts; and threading inserts for stainless steel fastening applications; as well as solid cemented carbide end mills. Its products serve industries such as automobiles, rail transit, aerospace, precision molds, energy equipment, construction machinery, general machinery, and petrochemicals, with distribution to domestic and overseas markets. Founded in 2007 and headquartered at No. 68 Chuangye 2nd Road, Lusong District, Zhuzhou, Hunan Province, China, the company employs over 1,000 people and listed on the Shanghai Stock Exchange STAR Market in February 2021. In November 2025, Zhuzhou Huarui received CNY 200 million in funding to support operations. The company recently invested in its German unit to enhance competitiveness and reported third-quarter 2024 revenue of CNY 174.1 million, alongside ongoing advancements in metal ceramics and complex molding tools for high-end markets.