Xiamen Tungsten Co., Ltd. is principally engaged in the smelting, processing and distribution of tungsten, molybdenum and other non-ferrous metal products, as well as property development. The Company operates its businesses through production of non-ferrous metal products, property development and management, as well as development and distribution of new energy materials. The Company operates its businesses in domestic and overseas markets. As of December 31, 2010, the Company had seven subsidiaries/affiliates, which involved in the production of nonferrous metal products, as well as property development and distribution.

Xiamen Tungsten Co., Ltd. is principally engaged in the smelting, processing and distribution of tungsten, molybdenum and other non-ferrous metal products, as well as property development. The Company operates its businesses through production of non-ferrous metal products, property development and management, as well as development and distribution of new energy materials. The Company operates its businesses in domestic and overseas markets. As of December 31, 2010, the Company had seven subsidiaries/affiliates, which involved in the production of nonferrous metal products, as well as property development and distribution.