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Suzhou-based Shareate Tools makes cemented carbide products and mining rock drilling tools for export to over 40 countries.
Established in 2005 and based in Suzhou, China, Shareate Tools Ltd. manufactures mining drilling tools and cemented carbide products, with R&D and production bases in Suzhou and Wuhan. Its products include cemented carbide for oil drilling and mining, and matrix materials for diamond composite pieces, exported to more than 40 countries and regions. The company closed a pre-IPO funding round in March 2020 and was listed on the Shanghai Stock Exchange under stock code 688257 in October 2021.
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