Fangda Holdings Co., Ltd. was founded in 1987. The company specializes in the production and management of over 5,000 different specifications of products in more than 20 series, including drill bits, chisels, twist drills, saw blades, hole openers, woodworking tools, and cemented carbide. The company also invests in real estate, finance, private equity, and other fields. Currently, the company has over 200 sales departments and authorized distributors across the country, as well as authorized distributors in countries such as Russia, Ukraine, the United Arab Emirates, and Vietnam.