Sandvik, founded in 1862 in Sandvik, Sweden, has a long history. Sandvik is a leading manufacturer of advanced products in the world. Its advantageous businesses include metal cutting tools, construction and mining equipment and facilities, stainless steel materials, special alloys, metal and ceramic resistance materials, and transmission systems. The development of the group is so successful due to its advanced and extensive R&D work. The group invests more than 3billion yuan in R&D every year. The group has an efficient and distinctive development strategy and occupies a leading position in its industry