Latest Shareate News & Updates

See the latest news and media coverage for Shareate. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Shareate

Manufacturer of cemented carbide and rock drilling tools

shareate.com
Headquarters
Suzhou, China
Founded year
2005
Company type
Public company
Number of employees
1,000–5,000

Last updated

Latest news about Shareate

In short: Shareate announced the acquisition of Chilean firm Drillco for $42 million and introduced new high-performance precision machining tools.

Company announcements

  • Shareate

    Shareate exhibits at Metalloobrabotka 2026

    The event occurs May 12–15, 2026 at Crocus Expo, Moscow, booth 7C142. They showcase precision tooling and machining solutions.

  • Shareate

    Shareate exhibits at GrindingHub 2026

    They showcase high-performance carbide rods, cutting tools, and precision solutions at Hall 10, Booth 10E36 in Stuttgart from May 5–8.

  • Shareate

    Shareate attends SIMTOS 2026 in Korea

    They exhibit Carbide Rods and Blanks at booth 01bB90 from April 13–17. They invite visitors to connect and discuss support.

  • Shareate

    Shareate launches VR1510/VR1525 tools

    They achieve 80m/min on Inconel with nano PVD coating, enhanced substrate, and DM chip breaker for high-temp alloys.

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Media coverage

  • 36Kr

    Xinrui Shares: Plans to acquire 100% equity of Chilean company Drillco for USD 42 million

    36Kr learned that Xinrui Shares announced that the company plans to acquire 100% equity of Chilean company Drillco Tools S.A. (referred to as "Drillco" or "the target company") in cash through its wholly-owned subsidiary Australian Shareate Tools Pty Ltd (referred to as "Australian Xinrui"), with a transaction consideration of USD 42 million, funded by its own funds, and Xinrui Shares will increase capital to Australian Xinrui to implement...

  • The Columbian

    Share’s executive director to exit, new interim leader to start April 2 - The Columbian

    Vancouver’s largest provider of homeless services, Share, will welcome a new executive director next week following the exit of its current leader.

  • Yahoo Finance

    Shareate Tools Ltd. (688257.SS)

    At close: February 27 at 3:00:04 PM GMT+8...

  • QQ News

    Xinrui Shares: Plans to Acquire 100% Equity of Chilean Company Drillco for USD 42 Million

    On the evening of December 26, Xinrui Shares announced that the company plans to acquire 100% equity of the Chilean company Drillco Tools S.A. (hereinafter referred to as "Drillco" or "the target company") in cash through its wholly-owned subsidiary Australian Shareate Tools Pty Ltd (hereinafter referred to as "Australian Xinrui"), with a transaction consideration of USD 42 million, and the funds come from its own funds ...

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