证券代码：000657 证券简称：中钨高新 中钨高新材料股份有限公司 投资者关系活动记录表 | --- | --- | |---------------------|---------------------------------| | | 特定对象调研 | | 投 资 者 关系 活 动 | □媒体采访 | | 类别 | □新闻发布会 | | | □现场参观 | | | □其他（请文字说明其他活动内容） | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 参与单位及人员 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 募、东方基金、 | | --- | --- | |---------------------|---------------------------------------------------| | | 中小企业金融服务中心有限公司、兴业银行、朴易资 | | | 管、珠海阿巴马资管、申万宏源、深圳前海大千华严投 | | | 资、琮碧秋实私募 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥3,056,863,359.74, representing a year-on-year increase of 0.98% compared to ¥3,027,071,298.15 in the same period last year[26]. - The net profit attributable to shareholders of the listed company decreased by 7.40% to ¥99,730,022.76 from ¥107,700,531.40 in the previous year[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 13.80% to ¥89,506,015.14 from ¥103,840,242.16 year-on-year[26]. - Basic earnings per share decreased by 10.00% to ¥0.09 from ¥0.10 in the previous year[26]. - Diluted earnings per share decreased by 10.00% to CNY 0.09 from CNY 0.10[27]. - Total profit decreased by 15.52% year-on-year, primarily due to rising raw material prices leading to reduced gross margins[29]. - Total comprehensive income attributable to the parent company was ¥98,981,737.33, down from ¥107,957,123.25, a decrease of about 8.99%[42]. Cash Flow - The net cash flow from operating activities was negative at -¥359,199,850.30, compared to -¥205,329,707.51 in the same period last year[26]. - The company reported a decrease in net cash flow from operating activities, primarily due to increased cash outflows for purchasing goods[12]. - The company reported a net increase in cash and cash equivalents of ¥-26,757,511.51, compared to a larger decline of ¥-252,297,138.48 in the previous period[47]. - Cash and cash equivalents at the end of the period decreased to ¥730,875,167.57 from ¥760,632,679.08, a decline of about 3.25%[50]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,248, with China Minmetals Corporation holding 49.87% of the shares[13]. - The company plans to repurchase and cancel 520,600 shares of restricted stock held by three individuals who no longer meet the unlocking conditions due to organizational changes and retirement[17]. Assets and Liabilities - Total assets increased by 7.37% to CNY 12,540,640,255.83 from CNY 11,679,431,669.45[27]. - Total liabilities increased to ¥6,287,538,838.42 from ¥5,557,196,604.53, representing a growth of approximately 13.14%[38]. - Non-current liabilities rose to ¥1,925,964,915.71 from ¥1,595,866,239.97, marking an increase of about 20.68%[38]. - Total equity increased to ¥6,253,101,417.41 from ¥6,122,235,064.92, reflecting a growth of approximately 2.14%[39]. Accounts Receivable and Payable - Accounts receivable increased by 60.3% compared to the beginning of the period due to increased revenue and changes in credit cycles[29]. - Accounts payable rose by 68.72% compared to the beginning of the period due to increased raw material purchases[29]. Expenses - Total operating costs for the current period are ¥2,904,774,503.72, up from ¥2,842,022,196.84 in the previous period, indicating an increase of about 2.3%[55]. - Research and development expenses increased to ¥96,399,475.33 from ¥81,539,682.87, reflecting a rise of approximately 18.2%[55]. - Tax and additional charges amounted to ¥18,911,117.79, slightly up from ¥17,972,951.19, which is an increase of approximately 5.2%[55]. - Financial expenses decreased to ¥15,452,927.36 from ¥21,147,480.86, showing a reduction of about 27.0%[55]. - Sales expenses decreased to ¥106,366,686.63 from ¥108,890,423.52, reflecting a decline of about 2.3%[55]. - Management expenses decreased to ¥137,626,247.36 from ¥155,674,517.58, indicating a reduction of approximately 11.6%[55]. Other Information - There were no other non-recurring gains and losses reported during the period[8]. - The company did not require any retrospective adjustments or restatements of previous years' accounting data[6]. - The first quarter report has not been audited[61].

Financial Performance - In 2022, the company achieved a revenue of 13.08 billion yuan, an increase of 8.16% year-on-year[16]. - The company's gross profit was 2.293 billion yuan, a decrease of 50.31 million yuan compared to the previous year, with a gross margin decline from 19.38% to 17.53%[16]. - 株硬公司 achieved a net profit of approximately 543.47 million, with total revenue reaching about 6.79 billion, reflecting a strong performance in the hard alloy sector[39]. - The company reported a total revenue of 3,354.5 million for the fiscal year, with a significant increase of 177.2 million compared to the previous period[105]. - The company reported a distributable profit of -27,550,000 RMB, with no cash dividends declared during the period[186]. Research and Development - The company applied for 184 new patents during the reporting period, including 99 invention applications, and received 178 new patent authorizations[10]. - The company is advancing the high-strength tungsten wire project for photovoltaic applications and has made progress in the development of new alloy tools[11]. - 株硬公司 has initiated research on high-precision, high-strength, low-defect density nano-crystal hard alloy micro-drill rods, aiming to support chip substrate micro-drilling with a focus on mass consistency[1]. - The company has developed a rapid identification and classification method for complex refractory metal waste, establishing a demonstration line capable of processing 25 tons of tantalum-niobium waste annually, enhancing resource utilization efficiency[1]. - The precision micro-drill with super-lubricating coating technology has been completed, achieving international advanced levels and targeting applications in 5G communications and automotive electronics[1]. - The company is focusing on research and innovation, increasing investment in technology R&D, and enhancing research platform construction to drive transformation and upgrade[85]. - The company is actively involved in the research and development of new materials, which is expected to drive future growth[106]. Market Position and Operations - The production of hard alloy products exceeded 14,000 tons, maintaining the world's leading position, with CNC blade production reaching over 130 million pieces, accounting for approximately 23% of domestic output[8]. - The company’s market share in the special steel market has further increased, with roller products maintaining the top position in China[8]. - The company has successfully launched an intelligent production line for tungsten carbide powder, significantly enhancing production efficiency[14]. - The company plans to expand sales of deep-processing products while improving profitability and reducing costs for intermediate products to enhance market competitiveness[87]. - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development[106]. Management and Governance - The company has held five shareholder meetings in 2022, ensuring compliance with legal requirements and protecting minority investors' voting rights[69]. - The board of directors held 9 meetings during the reporting period, ensuring compliance with the company's articles of association and relevant regulations[70]. - The supervisory board convened 7 meetings, effectively overseeing the company's financial activities and ensuring compliance by management[70]. - The company implemented a differentiated compensation distribution reform in 2022, completing a restricted stock incentive plan for key management and technical personnel, significantly enhancing employee motivation[71]. - The company has established a robust governance structure, with independent operational capabilities and complete control over its assets[99]. - The company is committed to maintaining transparency and compliance with regulatory requirements, as evidenced by its detailed reporting practices[122]. Employee and Training - A total of 8,337 employees received training, accumulating 413,239 hours, averaging 50 hours per employee[183]. - The company’s employee training focused on political theory and professional skills, enhancing overall business capabilities[183]. - The total number of employees at the end of the reporting period is 7,418, with 101 in the parent company and 7,317 in major subsidiaries[197]. - A total of 8,246 employees received compensation during the reporting period[197]. - The professional composition includes 4,626 production personnel, 480 sales personnel, 1,110 technical personnel, 148 financial personnel, 860 administrative personnel, and 194 logistics personnel[197]. Financial Management - Short-term borrowings increased to approximately 790.23 million, representing 6.77% of total liabilities, while long-term borrowings reached about 1.13 billion, accounting for 9.68%[32]. - The cash net flow from operating activities showed significant discrepancies compared to the net profit for the year, indicating potential asset composition changes[31]. - The company has not engaged in any non-operating related party debt transactions during the reporting period[50]. - The company has not conducted any significant equity sales during the reporting period[56]. - The company has not engaged in any external guarantees, ensuring a lower risk profile[120]. Related Party Transactions - The total sales amount from the top five customers reached ¥1,244,868,154.14, accounting for 9.51% of the annual total sales[45]. - Sales to related parties among the top five customers represented 4.14% of the annual total sales[45]. - The company reported a total of 311.6 million yuan in related party transactions, with procurement from Hunan Shizhu Garden Nonferrous Metals Co., Ltd. and Jiangxi Xiushui Ganbei Tungsten Industry Co., Ltd. accounting for 38.85% and 38.48% of the total, respectively[160]. - The company did not experience any asset or equity acquisition or sale related party transactions during the reporting period[161]. - The company has projected a total of 496.27 million yuan in daily related party transactions for the year, with actual procurement amounting to 402.98 million yuan during the reporting period[160]. Strategic Initiatives - The company plans to accelerate digital transformation and enhance automation levels in production lines and workshops[62]. - The company is committed to improving process control levels through equipment upgrades and process optimization[64]. - The company is exploring potential mergers and acquisitions to further enhance its competitive edge in the market[106]. - The strategic committee held three meetings during the reporting period, discussing the company's "14th Five-Year" development plan and capital increase proposals[158]. - The audit committee conducted four meetings, reviewing the 2021 financial report and the first quarter of 2022 financial statements[158].

投资者关系活动记录表格式 证券代码：000657 证券简称：中钨高新 中钨高新材料股份有限公司 投资者关系活动记录表 编号：2017-1 | --- | --- | --- | |----------------|-----------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | ✔ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 单位:华泰证券 人员:孙雪琬 | | | 人员姓名 | 单位 ...

证券代码：000657 证券简称：中钨高新 中钨高新材料股份有限公司 投资者关系活动记录表 编号：2020-03 | --- | --- | --- | |----------------|------------------------------|-------------------------------------------------------| | | | | | 投资者关系活动 | √特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | | 中信建投证券李家柱 红钻基金张人亮 同辉公司李昊 株洲湘 | | 人员姓名 | | 火炬言卫平 李东阳、欧阳琳、杨朝晖、刘石进 | | 时间 | 2020 年 9 月 16 日 | 14:30-16:00 | | 地点 | 公司 502 会议室 | | | 上市公司接待人 | 邓英杰、王玉珍 | | | 员姓名 | | | | 投资者关系活动 | 1 | 、请简单介 ...

证券代码：000657 证券简称：中钨高新 中钨高新材料股份有限公司 投资者关系活动记录表 编号：2021-02 | --- | --- | --- | |----------------|------------------------------|--------------------------------------------------------| | 投资者关系活动 | √ 特定对象调研 | □分析师会议 | | 类别 | □媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | □现场参观 | | | | □其他 | | | 参与单位名称及 | 华西证券 刘菁 毛冠锦 | 田仁秀 | | 人员姓名 | 泰康资管 李晓金 | | | | 财通资管 周奕涛 | | | 时间 | 2021 年 3 月 4 日 | 10:30-11:30 | | 地点 | 中钨高新钻石大厦 1006 | 会议室 | | 上市公司接待人 | 邓英杰、王玉珍、郑成轩 | | | 员姓名 | | | | 投资者关系活动 | 一、公司介绍 | | | 主要内容介绍 | | 公司是高技术制造企业， ...

Company Overview - Zhongtung High-tech Materials Co., Ltd. is the world's largest manufacturer of hard alloys and manages the largest tungsten resource supplier globally [1][2]. - The company has a strong foundation in hard alloy research and development, with over 1,000 authorized patents and multiple national awards [2][3]. Product Introduction - Tungsten, a non-renewable resource, is crucial for modern economy and defense, known for its high density, melting point, and hardness [2][3]. - Hard alloys made from tungsten are recognized for their excellent properties, including high hardness and wear resistance, making them essential in various industrial applications [2]. Competitive Advantages - **Global Leadership**: The company is the largest hard alloy producer globally, with over 30% market share in China, competing primarily with Japanese and Korean firms [3][4]. - **Full Industry Chain**: As the only tungsten industry management platform under China Minmetals, the company integrates upstream resources, midstream smelting, and downstream hard alloy production [3][4]. - **Talent and R&D**: The company employs over 700 dedicated R&D personnel, including many with master's and doctoral degrees, enhancing its technical capabilities [3][5]. - **Technological Innovation**: The company has established a national key laboratory for hard alloys and multiple national innovation platforms, reflecting its commitment to R&D [3][5]. Financial Performance and Investment - In 2018, the company invested CNY 175 million in R&D, increasing to CNY 307 million in 2019, a 75.32% year-on-year growth [5][6]. - The company raised CNY 888 million through a private placement in 2020, aimed at enhancing its competitiveness in cutting tools [6]. Future Development Strategies - The company plans to focus on domestic product substitution in oil drilling, aerospace, and automotive manufacturing [5][6]. - It aims to enhance the quality and capacity of high-end rods, powders, and hard alloy products to improve profitability [6]. - Continued emphasis on the transformation of R&D achievements into marketable products is a key strategy moving forward [6].

证券代码：000657 证券简称：中钨高新 中钨高新材料股份有限公司 投资者关系活动记录表 编号：2021-04 | --- | --- | --- | |----------------|---------------------------------|---------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 | □分析师会议 | | 类别 | □媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | □现场参观 | | | | □其他 | | | 参与单位名称及 | 机构投资者： | | | 人员姓名 | | 上投摩根、申万菱信基金、东吴证券、盘京资产、兴全基金、 | | | | 华泰柏瑞、诚旸投资、汐泰投资、毕胜投资、招商证券、华泰 保险资产、大成基金、玖稳资产、上海汐泰投资、孙雷民、富 | | | | 国基金、平安资管、红筹投资、博普科技、国泰基金、平 ...