SHAREATE TOOLS LTD. is a national high-tech enterprise, engaged in cemented carbide products and rock drilling tools . The company has strong scientific and technological innovation capability, has formed a system of independent intellectual property rights, Up to now, Shareate has obtained 42 invention patents and 118 utility model patents. Shareate got through the API Q1 Specification and ISO 9001 standards in 2008. The company has independent R & D center and has been identified as " Jiangsu high efficiency rock drilling tool engineering technology research and development center ", " Jiangsu Enterprise Technology Center " Shareate and Nanjing University of Aeronautics & Astronautics jointly " ect.
Our main products: Rotary Tricone Bit, DTH Hammer & Bit for mining, water well and oil-field drilling applications, oil drilling and mining cemented carbide, carbide substrates for PDC bits, petroleum drill bit nozzle, ultra-fine cemented carbide rod, fine grain cutting tools, stamping die plate, cold heading dies, powder metallurgy die, tungsten carbide tubular welding, wear parts, non-standard parts. Shareate products are exported to more than 20 countries, such as South America, Africa, Australia, Russia, South Korea, USA, Canada and other countries, favored and praised by users at home and abroad.
Shareate adhere to the internationalization and modernization, manufacturing, service integration direction, adhere to the implementation of the overseas development strategy, multinational development, self sharpening to create cemented carbide products and mining drilling tools of world famous brand, we know that success can not be separated from the vast trust and support, Shareate is willing to work with clients at home and abroad to work together to create a better future.
In 1973, kingdream drilling tools factory was established.
In 1983, kingdream drilling tools factory imported the cemented carbide production technology and equipment from Hughes of the United States and purchased the first low-pressure sintering furnace in China.
On August 16, 2004, Suzhou Shareate tools Ltd. was restructured and incorporated into Suzhou Industrial Park on the basis of new materials business department of kingdream drilling tools factory.
In March 2005, we set up a tool and die factory in Qianjiang, Hubei Province.Start to form a comprehensive cemented carbide products and conventional products of deep processing capacity. On August 25, 2005, Suzhou kingdream Shareate Tools Co., Ltd. was registered. In April 2006, Suzhou manufacturing plant was completed and put into operation.
On August 22, 2006, the company's self-developed sealed tricone bits with international advanced level was successfully tested, which filled a blank in the field of mining bits. The series of bits increased the footage index of mining bits by more than 150%.
On September 5, 2008, the first batch of cemented carbide rod products were completed, marking an important breakthrough in industrial product development of the company.
On March 20, 2009, the first batch of DTH drilling tools were completed.The successful development of the project aims to provide users with more abundant and comprehensive mining tool solutions.
On September 9, 2010, Suzhou manufacturing plant phase II project and enterprise technology center laid the foundation. Its completion makes the quality level of profile products reach the highest level in the industry, accelerates the industrialization of technical projects, and further improves the competitiveness of enterprises.
In May 2011, we started to implement ERP system to realize management upgrading.
In May 2012, the company carried out the joint-stock reform of the enterprise, established Shareate Tools Ltd., and realized the leap of enterprise modern management.
In April 2014, the company’s product "ultra-fine cemented carbide round bar" was recognized as "Jiangsu high-tech products". In May 2014, the company’s science and technology project "development of cemented carbide die materials for high-speed precision cold heading forming" was approved by "Suzhou science and technology support plan project".
On December 14, 2015, the company officially landed on the new third board, taking a solid step into the capital market.
In October, the company was awarded the "Jiangsu Province Enterprise Graduate Workstation" certification.
n 2016, the company successfully acquired AMS company in Australia.This marks a solid step in the internationalization development strategy of the company, laying a good foundation for the future international business model construction of the enterprise, and creating conditions for the substantial growth of future performance.
On March 16, 2017, the company signed an agreement with Caidian District of Wuhan City, planning to invest and build a factory in Changfu Industrial Park of Caidian, as an important base for the company’s next development.The signing of Wuhan Caidian is one of the important actions of the company’s industrial expansion strategy, marking the establishment of a new round of high-speed growth trend of Shareate.
On July 14, 2018, the foundation laying ceremony of Wuhan Shareate Tools Ltd. was solemnly held in Changfu Industrial Park, Caidian economic development zone.Wuhan Shareate construction project is an important action measure of the transformation and upgrading strategy of the secondary industry of Shareate Ltd. the construction period is planned to be two years. After the completion of the project, it will become an important incubation base for the sustainable and stable development of Shareate, thus establishing a new round of high-speed growth trend of the company.
To achieve value-added for customers and contribute to society; to succeed and share happiness with employees, partners and shareholders.
Become an international manufacturer and service provider in the field of cemented carbide and rock drilling tools.
core values of the company
Caring for employees, paying attention to customers, and caring for society