Xiamen Tungsten Co., Ltd. (XTC) is a public listed company on the Shanghai Stock Exchange. Its predecessor, Xiamen Alumina Plant, was founded in 1958. In 1982, Xiamen Alumina Plant started tungsten business, and two years later, the plant was renamed Xiamen Tungsten Products Plant. In December of 1997, Xiamen Tungsten Products Plant initiated a company reform by way of private offering of shares and changed its name to Xiamen Tungsten Co., Ltd. (XTC). In November of 2002, XTC became a listed corporation on the Shanghai Stock Exchange.