Guangdong Xianglu Tungsten Co., Ltd. develops, produces and sells tungsten products primarily in China. The company manufactures and markets a comprehensive range of tungsten materials including tungsten oxide, tungsten trioxide, blue tungsten oxide, tungsten powder, ammonium paratungstate, tungsten carbide powder and concentrate, cemented carbide products, tungsten alloy powder, carbide alloy products and ultra-fine tungsten wire for photovoltaics; it also engages in tungsten ore mining and deep processing of tungsten products. Founded in 1997 and headquartered in Chaozhou, Guangdong Province, the company operates as a national high-tech enterprise with export capabilities, serving industries such as manufacturing, new energy vehicles, military applications and photovoltaics, with products exported internationally. In recent developments, Guangdong Xianglu Tungsten raised funds through share placement totaling 491 million yuan to support expansion including the ultra-fine tungsten alloy wire project for photovoltaic products with an annual capacity of 30 billion meters, while setting long-term contract prices for tungsten concentrate in 2024 and 2025 amid tightening supply indicators; the company also reported performance forecasts indicating ongoing strategic focus on downstream business growth despite 2024 losses.