证券之星消息，1月22日小金属板块较上一交易日上涨0.06%，西部材料领涨。当日上证指数报收于 4122.58，上涨0.14%。深证成指报收于14327.05，上涨0.5%。小金属板块个股涨跌见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 301026 | 浩通科技 | 33.03 | -3.93% | 14.73万 | 4.82 乙 | | 002842 | 翔鹭钨业 | 21.78 | -3.63% | 54.40万 | 12.00亿 | | 000962 | 东方银业 | 37.66 | -3.44% | 19.72万 | 7.48亿 | | 002378 | 章源钨业 | 20.05 | -2.67% | 89.36万 | 17.99亿 | | 002182 | 宝武美V | 18.76 | -2.65% | 41.22万 | 7.75亿 | | 0009 ...

进入2026年，钨价持续高位运行，黑钨精矿、白钨精矿等核心品种价格均创历史新高。根据中钨在线数 据，1月21日，65%黑钨精矿价格报52.8万元/标吨，较年初上涨14.8%；65%白钨精矿价格报52.7万元/标 吨，较年初上涨14.8%；钨粉价格报1240元/公斤，较年初上涨14.8%；碳化钨粉价格报1200元/公斤，较 年初上涨15.4%。 上海钢联（300226）铁合金事业部钨业分析师施佳对《证券日报》记者表示，1月中旬以来，钨矿市场 货紧价高，下游终端用户消费热度虽有消退，但终端硬质合金及钨材等钨制品普遍也在通过上调产品售 价转移成本压力，钨价保持坚挺上行趋势。 在钨价持续走强的背景下，产业链上市公司也迎来发展机遇。1月20日，翔鹭钨业（002842）发布业绩 预告，预计公司2025年实现归母净利润1.25亿元至1.80亿元，同比实现扭亏。 翔鹭钨业表示，钨金属原料价格2025年全年持续上涨，钨市场供需情况较往年有所改善。其作为国内主 要钨制品及钨材制造商，对钨产品议价能力提升，原材料价格上涨到下游产品的传导较为顺畅，主要产 品毛利率及毛利显著增长。硬质合金销售订单量同比显著增加，光伏用钨丝产能逐步释放 ...

今日有色金属板块表现活跃，中钨高新、厦门钨业、翔鹭钨业、锡业股份、章源钨业、中稀有色领涨， 产业链企业整理如下： 中钨高新（000657.SZ） 最新股价：41.68元 日涨幅：+10.00% 日涨幅：+7.93% 亮点：中国五矿集团旗下钨产业运营平台，拥有钨矿、冶炼、硬质合金及深加工全产业链。近期收购远 景钨业股权，显著增加钨资源储量。 厦门钨业（600549.SH） 最新股价：59.00元 日涨幅：+9.14% 亮点：拥有从钨矿开采到硬质合金深加工的完整产业链，钨丝市场份额领先。是国内首家具备核聚变装 置用钨组件研发生产能力的企业。 翔鹭钨业（002842.SZ） 最新股价：22.60元 亮点：国内少数拥有完整钨产业链的企业之一，业务覆盖钨精矿至硬质合金等全系列产品。控股子公司 拥有钨矿采矿权。 锡业股份（000960.SZ） 最新股价：40.97元 日涨幅：+7.48% 亮点：以锡、铟为主的有色金属全产业链企业，同时拥有丰富的伴生钨资源，钨资源储量可观。 章源钨业（002378.SZ） 最新股价：20.60元 日涨幅：+6.08% 亮点：国内具备完整钨产业链生产能力的企业之一，拥有多处采矿权和探矿权，保 ...

关于厦门钨业股份有限公司 2026 年第一次临时股东会的 书 意 见 法 律 ీ 福建至理律师事务所 邮政编码: 350025 地址：福州市鼓楼区洪山园路华润万象城三期 TB#写字楼 22 层 传真:（0591）8806 8008 电话:（0591）8806 5558 网址: http://www.zenithlawyer.com 福建至理律师事务所(以下简称"本所")接受厦门钨业股份有限公司(以 下简称"公司")之委托,指派魏吓虹、刘昭怡律师出席公司 2026 年第一次临时 股东会(以下简称"本次会议"),并依据《中华人民共和国公司法》(以下简称 《公司法》)、《中华人民共和国证券法》(以下简称《证券法》)、《上市公司股东 会规则》(中国证券监督管理委员会公告〔2025〕7 号,以下简称《股东会规则》） 《上海证券交易所上市公司自律监管指引第1 号 -- 规范运作(2025年5月修 订》(以下简称《监管指引第1号》)等有关法律、法规、规范性文件以及《厦 门钨业股份有限公司章程》（以下简称《公司章程》）之规定出具法律意见。 对于本法律意见书,本所特作如下声明: 1. 本所及经办律师依据《证券法》《律师事务所从 ...

重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 厦门钨业股份有限公司 2026年第一次临时股东会决议公告 证券代码：600549 证券简称：厦门钨业 公告编号：临-2026-003 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 (一) 股东会召开的时间：2026 年 1 月 21 日 (二) 股东会召开的地点：厦门市思明区展鸿路 81 号翔业国际大厦 21 层本 公司 1 号会议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 1,346 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 789,566,155 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 49.7338 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况 等。 本次表决符合《公司法》及《公司章程》的规定，本次大会由董事长黄长庚 先生主持。 (五) 公司董事和董 ...

Core Viewpoint - The rare metal tungsten, referred to as "industrial teeth," is expected to be the standout performer in the non-ferrous metal market in 2025, with tungsten prices skyrocketing from 200,000 yuan/ton at the beginning of the year to 600,000 yuan/ton by year-end, marking a staggering 300% increase and setting a historical high [1][3]. Supply and Demand Dynamics - The surge in tungsten prices is driven by a combination of rigid supply constraints and explosive demand growth, with APT (the core product of tungsten smelting) social inventory plummeting from a normal level of 600 tons to below 200 tons, and hard alloy companies having only 12 days of raw material inventory left, significantly below the 30-day safety line [3][4]. - The supply side is constrained by three main factors: policy control, resource depletion, and difficulty in increasing overseas production. The annual mining quota for tungsten in China has been reduced by 8.3% to 56,800 tons for 2025, limiting production even as prices rise [4][5]. Demand Explosion - The demand structure for tungsten has fundamentally changed in 2025, with the share of demand from new energy and high-end manufacturing rising from 15% in 2024 to 30%, moving away from traditional steel industry reliance [6][8]. - The photovoltaic industry is a major source of demand growth, with tungsten wire replacing carbon steel wire in silicon wafer cutting due to its superior strength and wear resistance [8]. - The demand from the electric vehicle sector is also rapidly increasing, with each vehicle requiring approximately 2-8 kg of tungsten, and global EV sales expected to grow by 20% in 2025, adding 10,500 tons of tungsten demand [8]. Profit Distribution - The profits from the surge in tungsten prices are not evenly distributed across the industry chain, with upstream resource companies being the biggest winners. For instance, a 10,000 yuan/ton increase in tungsten prices can boost net profits significantly for companies like Xiamen Tungsten and Zhongtung High-tech [9][10]. - Midstream smelting companies face challenges due to rising raw material costs and tight supply, leading to reduced profit margins for smaller firms [10]. Future Outlook - The consensus in the industry is that the supply-demand gap will remain unbridgeable, with tungsten prices expected to stay high for the next 3-5 years. The global primary tungsten supply growth rate is projected to be only 2%-3% from 2026 to 2030, significantly lower than demand growth [11][12]. - Analysts predict that black tungsten concentrate prices will fluctuate between 460,000 and 520,000 yuan/ton in 2026, with potential for prices to exceed 500,000 yuan/ton if China tightens exports further [12]. Investment Opportunities - Investors are advised to focus on three key areas: upstream resource leaders like Xiamen Tungsten and Zhangyuan Tungsten, high-end manufacturing leaders like Zhongtung High-tech, and niche players in high-value sectors such as tungsten-based new materials and military-grade tungsten alloys [13][14]. - The demand growth for tungsten is closely tied to the most promising growth sectors over the next 5-10 years, providing long-term support for tungsten prices and enhancing the investment value of leading companies in the industry [14].

Core Viewpoint - The rare metal tungsten, referred to as the "industrial tooth," is expected to be the standout performer in the non-ferrous metals market in 2025, with prices skyrocketing from 200,000 yuan/ton at the beginning of the year to 600,000 yuan/ton by year-end, marking a staggering 300% increase and setting a historical high [4]. Supply and Demand Dynamics - The surge in tungsten prices is driven by a combination of rigid supply constraints and structural demand explosions, with APT (the core product of tungsten smelting) social inventory dropping from a normal level of 600 tons to below 200 tons, and hard alloy companies having only 12 days of raw material inventory, significantly below the 30-day safety line [7][11]. - The supply side is constrained by three main factors: policy control, resource depletion, and the difficulty of increasing overseas production. The annual mining quota for tungsten in China was set at 56,800 tons for 2025, an 8.3% decrease from the previous year, limiting production even as prices rise [10][11]. Demand Explosion - Demand for tungsten has fundamentally shifted, with the share from new energy and high-end manufacturing rising from 15% in 2024 to 30% in 2025, moving away from traditional steel industry reliance [13]. - The photovoltaic industry is a major growth driver, with tungsten wire replacing carbon steel wire in silicon wafer cutting due to its superior strength and wear resistance. The demand from the new energy vehicle sector is also rapidly increasing, with each vehicle requiring 2-8 kg of tungsten [15]. Profit Distribution in the Industry - The profit from rising tungsten prices is unevenly distributed across the industry, favoring upstream resource companies. For instance, a 10,000 yuan/ton increase in tungsten prices can boost net profits significantly for companies like Xiamen Tungsten and Zhongtung High-tech [17]. - Midstream smelting companies face challenges due to rising raw material costs and tight supply, with some small firms experiencing profit margins dropping below 10% [18]. Future Outlook - The consensus for the tungsten industry in 2026 and beyond is that the supply-demand gap will remain unbridgeable, with prices expected to stay high for the next 3-5 years. The global primary tungsten supply growth rate is projected to be only 2-3% annually from 2026 to 2030, significantly lower than demand growth [20][21]. - Analysts predict that the price of black tungsten concentrate will fluctuate between 460,000 and 520,000 yuan/ton in 2026, with potential to exceed 500,000 yuan/ton if China tightens exports further [21]. Investment Opportunities - Investment opportunities in the tungsten industry should focus on three key areas: upstream resource leaders like Xiamen Tungsten and Zhangyuan Tungsten, high-end manufacturing leaders like Zhongtung High-tech, and niche players in high-value segments such as tungsten-based new materials and military-grade tungsten alloys [22][23].

从资金流向上来看，当日小金属板块主力资金净流入19.22亿元，游资资金净流出5.73亿元，散户资金净 流出13.49亿元。小金属板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | --- | --- | --- | --- | --- | --- | --- | | 000657 | 中钨高新 | 41.68 | 10.00% | | 105.68万 | 42.90 乙 | | 301026 | 浩通科技 | 34.38 | 9.70% | | 17.93万 | · 5.93亿 | | 002738 | 中矿资源 | 92.00 | 9.45% | | 35.15万 | 31.55 Z | | 600549 | 厦门钨业 | 59.00 | 9.14% | 1 | 70.96万 | 40.31亿 | | 002842 | 翔鹭钨业 | 22.60 | 7.93% | | 60.20万 | 13.17亿 | | 000960 | 锡业股份 | 40.97 | 7.48% | | 67.28万 | 26.43亿 | | 002378 | 直源钨业 ...

厦门钨业股价再创历史新高，该股近期呈不断突破新高之势，近一个月累计有11个交易日股价刷新历史 纪录。截至11:02，该股目前上涨6.86%，股价报57.77元，成交4107.80万股，成交金额22.93亿元，换手 率2.64%，该股最新A股总市值达917.15亿元，该股A股流通市值897.71亿元。 （文章来源：证券时报网） 两融数据显示，该股最新（1月20日）两融余额为26.43亿元，其中，融资余额为26.01亿元，近10日增加 5.25亿元，环比增长25.31%。 公司发布的三季报数据显示，前三季度公司共实现营业收入320.01亿元，同比增长21.36%，实现净利润 17.82亿元，同比增长27.05%，基本每股收益为1.1223元，加权平均净资产收益率10.80%。（数据宝） 证券时报·数据宝统计显示，厦门钨业所属的有色金属行业，目前整体涨幅为1.71%，行业内，目前股价 上涨的有112只，涨停的有白银有色、国城矿业等5只。股价下跌的有25只，跌幅居前的有中孚实业、宏 创控股、西部材料等，跌幅分别为4.21%、3.43%、3.11%。 ...

南方中证500ETF（510500）成立日期2013年2月6日，最新规模1400.98亿。今年以来收益10.52%，同类 排名627/5542；近一年收益49.48%，同类排名1212/4243；成立以来收益178.11%。 1月21日，厦门钨业涨5.03%，截至发稿，报56.78元/股，成交14.89亿元，换手率1.73%，总市值901.43 亿元。 资料显示，厦门钨业股份有限公司位于福建省厦门市思明区展鸿路81号翔业国际大厦21-22层，成立日 期1997年12月30日，上市日期2002年11月7日，公司主营业务涉及从事钨精矿、钨钼中间制品、粉末产 品、丝材板材、硬质合金、切削刀具、各种稀土氧化物、稀土金属、稀土发光材料、磁性材料和稀土贮 氢、系列锂电池材料等其他能源新材料的生产、销售与研发和稀土投资,兼营房地产开发与经营。主营 业务收入构成为：钨钼等有色金属制品46.21%，电池材料39.28%，稀土业务14.36%，房地产及配套管 理0.14%。 从厦门钨业十大流通股东角度 数据显示，南方基金旗下1只基金位居厦门钨业十大流通股东。南方中证500ETF（510500）三季度新进 十大流通股东，持有股数1 ...