Chongyi Zhangyuan Tungsten Co.,Ltd. is principally engaged in the mining, separating, smelting and deep processing of tungsten ore. The Company's major products include ammonium paratungstate (APT), tungsten oxide, tungsten powder, tungsten carbide powder, as well as tungsten carbide and its related tools, among others. The Company's tungsten carbide products mainly include general welding blades, machinery transposition blades, tool blades for mines, geology and coal, wear resisting and abnormal shape blades, bars, welding and clamping blades, as well as globe teeth, among others. During the year ended December 31, 2010, the Company sold approximately 8,457.76 tons of tungsten products. The Company distributes its products in domestic and overseas markets.