In 2009, affected by the international financial crisis, China's national economy showed a low and high development. The GDP grew by 8.7% year-on-year, and the growth rate dropped by 0.9 percentage points from the previous year. In terms of raw material prices in the hard alloy industry, in 2009, the annual average price of domestic tungsten concentrate was 69,500 yuan, down 15.7% year-on-year, of which the highest price was 72,000 yuan / ton, and the lowest price was 56,000 yuan / ton. The difference between the high and low points is 14,000 yuan; the average annual price of APT is 106,000 yuan, down 17.8% year-on-year; the average annual price of tungsten powder is 169,000 yuan, down 18% year-on-year. In general, demand in the tungsten market has weakened, exports of tungsten products have declined, prices have fallen, and the economic growth rate of the tungsten industry has slowed markedly.
Comprehensive the production and operation situation of cemented carbide in 2009, mainly has the following characteristics:
(1) The total output of cemented carbide in the country is about 16,500 tons, which is flat year-on-year. Among them, cemented carbide production of more than 1,000 tons of plant hard and self-hardening 2 enterprises, accounting for 44.65% of the total amount; production of less than 1,000 tons ~ 500 tons of enterprises have Xiamen Golden Heron, Chongyi Zhangyuan, There are 4 enterprises in Jinan Research Institute and Zhejiang Tianshi, accounting for 18.65% of the total. 
(2) Changes in product structure continue to develop in a reasonable direction. Products with high technical content and good economic benefits have experienced significant growth, especially for deep-processed products and cemented carbide tool products, such as cutting inserts and mining alloys in deep-processed products, which increased by 102.17% and 6.84%, respectively. Cemented carbide tool products such as drawing die increased by 28.62% and 24.23% respectively.
(3) Exports of hard alloy products and foreign exchange earnings have fallen sharply. In 2009, the total export volume of cemented carbide was 3,436.56 tons, down 13.79% year-on-year; the export of hard alloys earned 14.821 million US dollars, down 34.12% year-on-year.
(4) The economic efficiency indicators of the whole industry showed a double-digit decline. Among them, the total industrial output value (current price) was 10.427 billion yuan, down 16.35% year-on-year; the industrial sales value (current price) was 9.759 billion yuan, down 18.87% year-on-year; the total operating income of the whole industry was 8.885 billion yuan, down 19.19% year-on-year; The profit was 309 million yuan, down 41.36% year-on-year; the profit and tax was 726 million yuan, down 34.78% year-on-year; the profit and tax was 473 million yuan, down 30.10% year-on-year.
(5) There are 21,404 employees in the industry, down 1.30% year-on-year; the per capita wage of the whole industry is 22,600 yuan/year (arithmetic mean), an increase of 1.34%.
(6) Integration and listing between enterprises will further enhance the competitiveness of enterprises. In 2009, China Minmetals and Hunan Nonferrous Metals Group integrated, holding Hunan Nonferrous; Boyun New Materials' successful listing, etc., opened up new avenues for cemented carbide companies to strengthen and unite and finance.
Comprehensive the production and operation situation of cemented carbide in 2009, mainly has the following characteristics:
(1) The total output of cemented carbide in the country is about 16,500 tons, which is flat year-on-year. Among them, cemented carbide production of more than 1,000 tons of plant hard and self-hardening 2 enterprises, accounting for 44.65% of the total amount; production of less than 1,000 tons ~ 500 tons of enterprises have Xiamen Golden Heron, Chongyi Zhangyuan, There are 4 enterprises in Jinan Research Institute and Zhejiang Tianshi, accounting for 18.65% of the total. 
(2) Changes in product structure continue to develop in a reasonable direction. Products with high technical content and good economic benefits have experienced significant growth, especially for deep-processed products and cemented carbide tool products, such as cutting inserts and mining alloys in deep-processed products, which increased by 102.17% and 6.84%, respectively. Cemented carbide tool products such as drawing die increased by 28.62% and 24.23% respectively.
(3) Exports of hard alloy products and foreign exchange earnings have fallen sharply. In 2009, the total export volume of cemented carbide was 3,436.56 tons, down 13.79% year-on-year; the export of hard alloys earned 14.821 million US dollars, down 34.12% year-on-year.
(4) The economic efficiency indicators of the whole industry showed a double-digit decline. Among them, the total industrial output value (current price) was 10.427 billion yuan, down 16.35% year-on-year; the industrial sales value (current price) was 9.759 billion yuan, down 18.87% year-on-year; the total operating income of the whole industry was 8.885 billion yuan, down 19.19% year-on-year; The profit was 309 million yuan, down 41.36% year-on-year; the profit and tax was 726 million yuan, down 34.78% year-on-year; the profit and tax was 473 million yuan, down 30.10% year-on-year.
(5) There are 21,404 employees in the industry, down 1.30% year-on-year; the per capita wage of the whole industry is 22,600 yuan/year (arithmetic mean), an increase of 1.34%.
(6) Integration and listing between enterprises will further enhance the competitiveness of enterprises. In 2009, China Minmetals and Hunan Nonferrous Metals Group integrated, holding Hunan Nonferrous; Boyun New Materials' successful listing, etc., opened up new avenues for cemented carbide companies to strengthen and unite and finance.
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