Luoyang Hi-tech Molybdenum & Tungsten Material Co., Ltd is the largest enterprise in Asia, specialized in the develop and manufacture of the deep processed molybdenum products. It is located in the Hi-tech Zone with an area of 10.46 hectares. The environment here in the company is very beautiful with eyeful green trees and various flowers for four seasons. It currently has 246 employees with the registered capital of 530 million RMB.

Luoyang Hi-tech is al whole subsidiary of China Molybdenum Co., Ltd., which was reconstructed on the basis of acquisition of the state-owned 744 factory in January, 2005. When the company was operated, the workshops were covered by grass, wastes and smeary oil. After three years of hard work, Luoyang Hi-tech has realized 5 major technology revolutions, created 5 national and international top ones, obtained 4 national patents, one national science & technology first Prize, developed 6 new products and reached the production value of 350 million RMB. The company has been awarded the prizes of National Hi-tech Industrialization Model Project, the High and New Technology Enterprise of Henan Province, The High Growth Potential High and New Technology enterprise of Luoyang City, and the Garden Company of Luoyang. The molybdenum and tungsten material research and develop center of Luoyang HI-tech has been recognized by National laboratory committee CANS and Henan Measurement Institute. It will soon become the most authorized research and develop center for refractory metals and a national laboratory.

The leading products include: molybdenum bars, molybdenum plates, molybdenum wires, super-long spray molybdenum wire, rolled molybdenum plate, tungsten bars, tungsten wires, the molybdenum and tungsten products in other shape and Al-Fe alloy, etc.

The five major technology revolution are as the follows: the rare earth molybdenum powder with the production capacity of 300t/a, the molybdenum wire of 25 kgs unit weight with the production capacity of 160t/a, the sintered products manufacturing line with the capacity of 1000t/a, the national advanced molybdenum and tungsten material laboratory and the project of 300 m3/h liquid ammonia for hydrogen.