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 well-known manufacturer of new materials and cutting tools such as high-speed steel, die steel, etc. in China. It is the first enterprise in China to realize large-scale production of powder metallurgy of die steel materials, a national key high-tech enterprise; a Chinese private enterprise, one of the top 500 private enterprises in China's manufacturing industry, and a Chinese industrial model enterprise; the world SMR steel ranking - the comprehensive strength of die steel is among the best in the world. Its subsidiary Jiangsu Tiangong Tool New Materials Co., Ltd. won the "Jiangsu Provincial Governor's Quality Award" in 2020 and passed the Customs AEO Advanced Enterprise Certification at the end of 2022. 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 production of high-speed tool steel, die steel, and cutting tool products has been ranked among the top in China and even in the world for many years. Tiangong's high-speed tool steel products won the "National Single Champion Product" (2019-2021) from the Ministry of Industry and Information Technology of China. In November 2019, the first large-scale powder metallurgy production line for tool steel in China was built in Tiangong and achieved stable quality production, filling the gap in large-scale production of powder metallurgy tool steel in China. At present, Tiangong's powder steel finished products have achieved import substitution for many varieties. Products are widely used in aviation, automobiles, oceans, high-speed trains, petrochemicals, mechanical processing and other fields; among them, high-speed tool steel and die steel are included in the advanced basic materials for key development of "Made in China 2025", and powder metallurgy materials are included in the catalog of cutting-edge new materials and key materials for development in the "14th Five-Year Plan".
translated with www.deepl.com/translator