截至发稿，张腾累计任职时间10年221天，现任基金资产总规模53.61亿元，任职期间最佳基金回报 96.89%， 任职期间最差基金回报-44.7%。 10月21日，中钨高新涨5.47%，截至发稿，报17.55元/股，成交7.71亿元，换手率3.10%，总市值399.96 亿元。 资料显示，中钨高新材料股份有限公司位于湖南省株洲市荷塘区钻石路288号钻石大厦10-12楼，成立日 期1993年3月18日，上市日期1996年12月5日，公司主营业务涉及硬质合金和钨、钼、钽、铌等稀有金属 及其深加工产品的研制、开发、生产、销售及贸易业务。主营业务收入构成为：精矿及粉末产品 34.74%，其他硬质合金23.13%，切削刀具及工具21.68%，难熔金属16.23%，贸易及装备等4.22%。 从中钨高新十大流通股东角度 数据显示，银华基金旗下1只基金位居中钨高新十大流通股东。银华心佳两年持有期混合（010730）二 季度减持148万股，持有股数532.35万股，占流通股的比例为0.43%。根据测算，今日浮盈赚取约484.44 万元。 银华心佳两年持有期混合（010730）成立日期2021年1月8日，最新规模52.56亿。今 ...

10月21日上午，A股三大指数集体上涨，上证指数盘中上涨0.70%，能源设备、重型机械、电子元器件 等板块涨幅靠前，煤炭、电信跌幅居前。机床板块震荡走强，截至10点22分，机床ETF（159663）上涨 1.35%，其成分股四方达上涨12.74%，华明装备上涨5.11%，中钨高新上涨4.33%，恒锋工具上涨 3.60%，大族激光上涨3.26%。 （文章来源：每日经济新闻） 大公国际表示，机床行业的竞争格局呈现"高端垄断、中端追赶、低端竞争"的特征，其中德国、日本等 企业凭借技术积累在高端市场占据主导地位；而中国稳居全球最大生产国及消费国。 机床ETF（159663），紧密跟踪的中证机床指数，涵盖了我国制造业产业链中的关键一环——高端装备 制造领域，涉及激光设备、机床工具、机器人、工控设备等行业，是新质生产力理念强调创新驱动与产 业升级落地实践的核心阵地。其场外联接基金为，A类：017573；C类：017574。 根据德国VDW，2024年全球机床产量为785亿欧元，其中中国产量达266亿欧元，占全球34%；中国消 费量为241亿欧元，占全球30%。根据智研咨询，我国高端数控机床国产化率仅6%左右，高端机床国产 ...

Group 1: Copper - LME copper price increased by 2.41% to $10,624.00 per ton, while Shanghai copper decreased by 1.77% to 84,400 yuan per ton [1][12] - Domestic copper inventory increased by 0.55 thousand tons to 17.75 thousand tons due to weak downstream consumption and replenishment of imported sources [1][12] - The operating rate of domestic major refined copper rod enterprises rose to 62.5%, up 19.06% week-on-week, but down 16.39% year-on-year, indicating a recovery post-holiday but still below pre-holiday levels [1][12] Group 2: Aluminum - LME aluminum price rose by 1.82% to $2,796.00 per ton, while Shanghai aluminum decreased by 0.33% to 20,900 yuan per ton [2][13] - Domestic electrolytic aluminum ingot inventory decreased by 2.3 thousand tons, indicating a slight recovery in demand [2][13] - The operating rate of domestic aluminum processing enterprises remained stable at 62.5%, with a year-on-year decline of 1.4% [2][13] Group 3: Gold - COMEX gold price increased by 7.65% to $4,344.30 per ounce, influenced by U.S. government shutdown and geopolitical risks [3][14] - SPDR gold holdings increased by 17.46 tons to 1,034.62 tons, reflecting increased demand amid market uncertainties [3][14] - The U.S. government shutdown has led to delays in key economic data releases, impacting the economy and the dollar's position [3][14] Group 4: Rare Earths - The price of praseodymium and neodymium oxide decreased by 9.01% to 507,100 yuan per ton, with expectations of price recovery due to overseas replenishment [4][32] - The strategic importance of rare earths has increased due to regulatory changes, with a positive outlook for major companies in the sector [4][32] - The implementation of new regulations is expected to gradually show positive effects on supply and pricing [4][32] Group 5: Antimony - Antimony price decreased by 4.08%, but demand is expected to recover due to the stabilization of photovoltaic glass production [4][33] - The implementation of stricter standards for flame-retardant cables may provide a demand boost for antimony [4][33] - Global antimony prices are expected to trend upward due to resource scarcity and reduced supply from major mines [4][33] Group 6: Lithium - The average price of lithium carbonate decreased by 0.63% to 73,100 yuan per ton, while lithium hydroxide decreased by 0.43% to 78,200 yuan per ton [5][60] - Total lithium carbonate production increased to 21,100 tons, reflecting a slight recovery in supply [5][60] - Strong demand from the energy storage sector is expected to support lithium prices despite recent supply increases [5][60] Group 7: Cobalt - Cobalt price increased by 9% to 381,000 yuan per ton, driven by tight supply conditions [5][61] - The market is characterized by a "price without market" phenomenon, with strong upward pressure on prices due to raw material shortages [5][61] - Future price increases are anticipated as supply constraints from Congo continue to affect the market [5][61] Group 8: Nickel - LME nickel price increased by 0.1% to $15,200 per ton, while Shanghai nickel price decreased by 0.6% to 121,200 yuan per ton [5][62] - Concerns over the stability of nickel ore supply due to regulatory changes in Indonesia are providing short-term support for prices [5][62] - The market is expected to remain volatile due to the interplay between supply disruptions and weak fundamentals [5][62]

Core Insights - The tungsten concentrate industry is crucial for strategic sectors like aerospace and defense, with a focus on high-density, high-melting-point, and high-hardness properties [1][5][11] - China, as the largest tungsten producer, faces rapid resource consumption and has implemented policies for total control and export regulation to transition from resource output to high value-added production [1][5][6] - The industry is characterized by a concentration of resources, with significant production capacity in provinces like Jiangxi and Henan, and a market dominated by state-owned enterprises [1][12][16] Industry Overview - Tungsten concentrate is extracted from tungsten ore through various processes, requiring a minimum tungsten trioxide (WO₃) content of 65% [2][3] - The global tungsten resource distribution is highly concentrated, with China holding 52% of the total reserves, while the domestic reserve-to-production ratio is only 36 years [10][11] Policy Analysis - China has established a policy framework focusing on resource protection and sustainable utilization, including total mining volume management and export controls [5][6][14] - Recent policies have refined the management of mining quotas and introduced stricter regulations on exports of tungsten-related products [6][14] Industry Chain - The tungsten concentrate industry chain includes exploration, mining, and processing, with a high concentration of mining enterprises and increasing prices due to supply constraints [8][12] - The downstream applications are diverse, with significant growth in demand for tungsten wire in the photovoltaic sector, while traditional sectors face cost pressures [8][12] Current Industry Status - The tungsten industry in China is experiencing a transformation, with a focus on high-end applications and a shift towards sustainable practices [13][15] - In 2024, the total tungsten concentrate production is projected to be 12.7 million tons, reflecting the impact of total control policies [14][15] Competitive Landscape - The industry is characterized by a "resource core, state-owned leadership, and collaborative ecosystem" model, with major players like Jiangxi Tungsten Industry Group and Xiamen Tungsten leading the market [16][17] - The market concentration is high, with the top five companies controlling 61% of the production capacity [16] Future Trends - The tungsten concentrate industry is expected to evolve towards resource consolidation, technological advancement, and global expansion [17][19] - Key trends include a shift from scale advantages to ecological dominance, with a focus on high-end applications and green transformation [17][18][19]

| 证券代码 | 股票简称 | 权重 | 最新价 | 涨跌幅 | 总市值(亿元) | | 所属行业 | | --- | --- | --- | --- | --- | --- | --- | --- | | sz002415 | 海康威视 | 9.64% | 33.40 | 0.09% | | 3061.07 | 计算机 | | sz000725 | 京东方A | 9.31% | 4.08 | -0.49% | | 1526.49 | ● 电子 | | sz000858 | 五根液 | 8.62% | 122.74 | 0.55% | | 4764.29 | 食品饮料 | | sz000977 | 浪潮信息 | 7.30% | 67.41 | -0.47% | | 992.37 | 计算机 | | sz000338 | 潍柴动力 | 6.78% | 14.65 | -0.48% | | 1276.54 | 汽车 | | sz002179 | 中航光电 | 4.48% | 39.23 | -0.58% | | 831.00 | 国防车】 | | sz000166 | 申万宏源 | 4.14% | 5.45 | ...

Core Viewpoint - Zhongtung High-tech (000657.SZ) experienced a 6.7% decline in share price, closing at 17.21 yuan, with its market capitalization falling below 40 billion yuan due to the unlocking of 189 million restricted shares on October 16, which represents 8.31% of the company's total equity [1]. Summary by Relevant Sections Share Price Movement - The stock price of Zhongtung High-tech dropped by 6.7% to 17.21 yuan, with a market cap now under 40 billion yuan [1]. - The stock reached a high of 18.22 yuan and a low of 17.15 yuan during the trading session [2]. Share Unlocking Details - On October 16, 1.89 million restricted shares were unlocked, which is part of a directed placement to institutional investors [1]. - In the past year, a total of 8.05 million shares have been unlocked, accounting for 0.35% of the total equity [1]. - After this unlocking event, there are still 835 million restricted shares remaining, which constitutes 36.62% of the total equity [1].

Group 1 - On October 16, a total of 13 companies had their restricted shares unlocked, with a total unlock volume of 938 million shares [1] - The total market value of the unlocked shares is approximately 22.01 billion yuan based on the latest closing prices [1] - The companies with the highest unlock volumes are Meihao Medical, Shangda Shares, and Zhongtung High-tech, with unlock volumes of 217 million shares, 207 million shares, and 189 million shares respectively [1] Group 2 - In terms of unlock market value, Shangda Shares, Meihao Medical, and Minglida lead with market values of 6.781 billion yuan, 5.021 billion yuan, and 3.882 billion yuan respectively [1] - The companies with the highest proportion of unlocked shares relative to total share capital are Guanlong Energy Saving, Shangda Shares, and Minglida, with unlock ratios of 66.93%, 55.68%, and 42.12% respectively [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 重要内容提示： 1、本次申请上市流通的限售股份为中钨高新材料股份有限公司（以下简称"公司"）在发行股份购买资 产并募集配套资金暨关联交易中向特定对象发行的股份，本次解除限售的股东共计17名，解除限售的股 份数量为189,473,684股，占公司总股本的8.3141%。 2、本次申请上市流通的限售股份于2025年4月16日在深圳证券交易所上市，本次解除限售的17名股东发 行时承诺的限售期限为新增股份上市之日起6个月，本次限售股份可上市流通日为2025年10月16日。 一、本次解除限售股份的基本情况 本次解除限售股份的上市类型为本次重组募集配套资金之新增限售股份上市流通。 （一）注册批复情况 2024年12月25日，公司收到中国证券监督管理委员会（以下简称"中国证监会"）下发的《关于同意中钨 高新材料股份有限公司发行股份购买资产并募集配套资金注册的批复》（证监许可〔2024〕1898号）， 同意公司向五矿钨业集团有限公司发行673,005,553股股份、向湖南沃溪矿业 ...

Core Insights - The superhard materials industry is transitioning from a niche market to a strategic necessity, driven by demand in photovoltaic, semiconductor, and high-end manufacturing sectors [1][3] - The article analyzes the profitability of 27 companies in the superhard materials sector, focusing on 10 core companies based on their comprehensive profitability [1][4] Industry Dynamics - Superhard materials, including synthetic diamonds and cubic boron nitride (CBN), are essential for supporting key industries such as photovoltaics, semiconductors, and advanced manufacturing [3] - Three main demand drivers are identified: - Photovoltaics: Increased demand for diamond wire saws due to larger silicon wafer sizes and thinner wafers [3] - Semiconductors: Diamond substrates are seen as critical materials for the post-silicon era, with potential market sizes reaching hundreds of billions [3] - High-end manufacturing: Demand for precision tools and wear-resistant components is growing, with superhard materials offering significantly longer lifespans compared to traditional tools [3] Company Analysis - **Zhongtung High-tech (000657.SZ)**: Leading in hard alloy tools with a stable ROE of 12.53% and a gross margin of 22.07%, benefiting from a comprehensive industry chain and high technical barriers [4][5] - **Guojijiang Precision (002046.SZ)**: Dual-driven by superhard materials and equipment, with a gross margin of 35.27% and a rising ROE of 8.31% [5][6] - **Xinxin Co., Ltd. (688257.SH)**: Global presence with over 40% of revenue from overseas, showing a gross margin of 31.81% and a ROE of 8.40% [6][7] - **World (688028.SH)**: High-end tool manufacturer with a gross margin of 46.10% and a strong market position in diamond tools [7][8] - **Meichang Co., Ltd. (300861.SZ)**: Dominates the diamond wire market with over 60% market share, benefiting from the photovoltaic sector's growth [8][9] - **Zhongbing Hongjian (000519.SZ)**: Military and superhard materials dual business model, with significant potential for growth as demand increases [9][10] - **Oke Yi (688308.SH)**: Focused on CNC tools with a gross margin of 22.66%, benefiting from strong customer relationships [10] - **Tongyu Heavy Industry (300185.SZ)**: Wind power components and hard alloy business, with a gross margin of 12.73% [10] - **Fuliwang (688678.SH)**: Cross-industry growth with a focus on precision components and diamond wire, showing a gross margin of 24.41% [10] - **Yujing Co., Ltd. (002943.SZ)**: Potential in diamond wire products, with a focus on synergy between equipment and materials [10]

证券日报网讯10月14日晚间，中钨高新（000657）发布关于发行股份购买资产并募集配套资金暨关联交 易之募集配套资金新增股份解除限售上市流通的公告称，本次申请上市流通的限售股份为公司在发行股 份购买资产并募集配套资金暨关联交易中向特定对象发行的股份，本次解除限售的股东共计17名，解除 限售的股份数量为189，473，684股，占公司总股本的8.3141%。本次申请上市流通的限售股份于2025 年4月16日在深圳证券交易所上市，本次解除限售的17名股东发行时承诺的限售期限为新增股份上市之 日起6个月，本次限售股份可上市流通日为2025年10月16日。 ...