Shareate Tools Ltd. (referred to as "Shareate"), founded in August 2005, is an international manufacturing service provider specializing in cemented carbide materials, rock drilling tools, and comprehensive mining services. The company integrates research and development, manufacturing, sales, and services. Headquartered in the Suzhou Industrial Park, Shareate has multiple R&D, production, and manufacturing bases in Suzhou, Wuhan, Zhuzhou, Guiyang. It has established sales and service subsidiaries in the United States, Australia, Canada, South Korea, and other regions. It holds nearly 40 domestic and international subsidiaries, including Australasian Mining Services, American Mining Services and Drillco Chile. In October 2021, the company was officially listed on the Shanghai Stock Exchange's STAR Market (stock code: "688257").
After years of accumulation, the company has developed a comprehensive core technology system in the fields of cemented carbide and rock drilling tools, achieving vertical integration from cemented carbide production to rock drilling tool manufacturing and comprehensive mining consumables services. Currently, the company's business covers five major areas: cemented carbide, rock drilling tools, cutting tools, petroleum instruments and meters, and mining exploration services. Its main products include rotary bits, DTH tools, top hammer drilling tools, and cemented carbide (mining tool alloys, cutting tool alloys, and wear-resistant tool alloys), which are widely used in petroleum, automotive, infrastructure, mining, electronics, machinery, and new energy industries. The company's products are sold in over 60 countries and regions across Asia, Europe, Oceania, Africa, and the Americas. Shareate is a direct supplier to global iron ore giants such as BHP, Rio Tinto, and FMG, and has entered the supply chains of Vale in Brazil and CODELCO in Chile through distributor channels.

The company places great emphasis on R&D investment, with annual R&D expenditure accounting for nearly 5% of its sales revenue. Currently, the company holds 478 valid authorized patents, including 72 invention patents, 380 utility model patents, and 26 software copyrights. The company has obtained API certification and the triple system certifications for ISO9001 quality management, ISO14001 environmental management, and ISO45001 occupational health and safety management.
From product premiumization and brand internationalization to industrial diversification, the company is committed to empowering customer value through technological breakthroughs, safeguarding sustainable development with green intelligent manufacturing, and creating the future of the industry through open collaboration. Shareate aims to become a leader in rock drilling tools in China and an international manufacturing service provider for cemented carbide materials and tools. We look forward to working with global partners to forge a stronger industrial foundation on the path to revitalizing national industry and taking on social responsibility, creating lasting value for society.