Core Insights - Recently, Zhongtung High-tech Materials Co., Ltd. (中钨高新) experienced a significant change in its registered capital, increasing from approximately 1.4 billion RMB to about 2.09 billion RMB, representing an increase of around 50% [1]. Company Overview - Zhongtung High-tech Materials Co., Ltd. was established in March 1993 and is legally represented by Li Zhongze. The company's business scope includes the research, development, production, sales, and trade of hard alloys and deep-processed products and equipment made from tungsten, molybdenum, tantalum, niobium, and other non-ferrous metals [2]. - The shareholders of Zhongtung High-tech include China Minmetals Corporation, Minmetals Tungsten Co., Ltd., and State-owned Assets Supervision and Administration Commission of the State Council [2].