上市公司2025年1-6月非经营性资金占用及其他关联资金往来情况汇总表 编制单位：中钨高新材料股份有限公司 金额单位：人民币万元 | 非经营性资金占 | 资金占用方名称 | 占用方与上市公司的 | 上市公司核算的 | 2025年初往来资 | 2025年1-6月往来累计发 | 2025年1-6月往来资 | 2025年1-6月偿 2025年6月30日 | 占用形成原因 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 用 | | 关联关系 | 会计科目 | 金余额 | 生金额（不含利息） | 金的利息（如有） | 还累计发生额 往来资金余额 | | 占用性质 | | 控股股东、实际 控制人及其附属 | | | | | | | | | 非经营性占用 | | 企业 | | | | | | | | | 非经营性占用 | | 小 计 | —— | —— | —— | | | | | —— | —— | | 前控股股东、实 | | | | | | | | | 非经营性占用 | | 际控制人及其附 | | | | | | | | | | | ...

（一）实际募集资金金额、资金到账时间 证券代码：000657 证券简称：中钨高新 公告编号：2025-99 经中国证券监督管理委员会《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）核准，公司通过向特定投资者非公开发行普通股（A 股） 189,473,684.00 股，发行价格为每股人民币 9.50 元，募集资金总额 为 人 民 币 1,799,999,998.00 元 ， 扣 除 不 含 税 承 销 费 人 民 币 19,698,113.19 元，实际募集资金净额为人民币 1,780,301,884.81 元。 中钨高新材料股份有限公司 关于2025年半年度募集资金存放与使用情况 的专项报告 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。 根据《上市公司募集资金监管规则》《深圳证券交易所上市公司 自律监管指引第 1 号-主板上市公司规范运作》等法律法规、自律监 管指引及相关公告格式规定，中钨高新材料股份有限公司（以下简称 "公司"）2025 年半年度募集资金存放与实际使用情况报告如下： 一、募 ...

中钨高新材料股份有限公司 2025 年半年度报告全文 中钨高新材料股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：中钨高新材料股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 2,009,780,429.63 | 1,517,485,866.67 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 21,669.60 | 147,055.58 | | 衍生金融资产 | | | | 应收票据 | 1,541,257,683.57 | 2,078,020,227.60 | | 应收账款 | 3,555,751,866.90 | 2,166,455,196.29 | | 应收款项融资 | 381,052,593.73 | 316,554,270.09 | | 预付款项 | 177,803,042.49 | 13 ...

证券代码：000657 证券简称：中钨高新 公告编号：2025-98 中钨高新材料股份有限公司 关于在五矿集团财务有限责任公司办理存贷款业务的 风险持续评估报告 按照《深圳证券交易所股票上市规则》《深圳证券交易所上市公 司自律监管指引第 7 号——交易与关联交易》的要求，中钨高新材料 股份有限公司（以下简称公司）通过查验五矿集团财务有限责任公司 （以下简称五矿财务公司）《金融许可证》《营业执照》等证件资料， 取得并审阅五矿财务公司资产负债表、利润表、现金流量表和所有者 权益变动表等定期财务报告，对五矿财务公司的经营资质、业务和风 险状况进行了评估，现将有关风险评估情况报告如下： 一、五矿财务公司基本情况 五矿财务公司是中国五矿集团有限公司（以下简称中国五矿）下 属金融机构，于 1992 年经中国人民银行批准设立，2001 年改制为有 限责任公司，是由中国五矿股份有限公司、五矿资本控股有限公司两 方共同出资，接受国家金融监督管理总局监管的非银行金融机构。财 务公司的注册资本为人民币 350,000 万元。 注册地址：北京市海淀区三里河路 5 号 A247-A267(单)A226-A236(双)C106 法定代表 ...

证券代码：000657 证券简称：中钨高新 公告编号：2025-105 中钨高新材料股份有限公司 关于召开 2025 年第六次临时股东会的通知 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。 一、召开会议的基本情况 （一）股东会届次：2025 年第六次临时股东会 （二）股东会的召集人：公司董事会 （三）会议召开的合法、合规性：经公司第十一届董事会第四次 会议审议决定召开本次股东会。本次股东会的召开符合有关法律、行 政法规、部门规章、规范性文件和公司章程的有关规定。 （四）会议召开的日期、时间： 1.现场会议时间为：2025 年 9 月 15 日（星期一）下午 14:30 2.网络投票时间为： 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 9 月 15 日交易时间，即 9:15—9:25，9:30—11:30 和 13:00—15:00 通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 9 月 15 日 9:15—15:00 期间的任意时间。 （五）会议的召开方式：本次股东会采用现场投票、网络投票相 结合的方式召开。 （六）会议 ...

证券代码：000657 证券简称：中钨高新 公告编号：2025-96 第十一届董事会第四次会议决议公告 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。 一、董事会会议召开情况 中钨高新材料股份有限公司（以下简称"公司"）第十一届董事 会第四次会议于 2025 年 8 月 25 日以现场和视频相结合方式在金洲昆 山公司会议室召开。本次会议通知于 2025 年 8 月 15 日以电子邮件方 式送达全体董事。会议由董事长李仲泽主持，应出席董事 9 人，实际 出席董事 9 人，部分高级管理人员列席会议。本次会议的召开符合《中 华人民共和国公司法》和《公司章程》的有关规定。 二、董事会会议审议情况 （一）审议通过了《关于聘用 2025 年度财务审计机构暨变更会 计师事务所的议案》 表决结果：9 票同意、0 票反对、0 票弃权。 重要提示： 中钨高新材料股份有限公司 1.本议案需提交公司股东会审议； 2.本议案已经公司董事会审计委员会及独立董事专门会议事前 审议通过； 3.以上具体内容详见公司同日刊登在《中国证券报》、巨潮资讯 网（www.cninfo.com.cn）的《 ...

中钨高新公告，2025年上半年营业收入78.49亿元，同比增长3.09%。净利润5.1亿元，同比增长8.70%。 ...

Group 1 - The core point of the article highlights a significant increase in tungsten prices, with ammonium paratungstate (APT) reaching 350,000 yuan/ton, a rise of 10,000 yuan/ton from the previous day and a 65.9% increase since the beginning of the year [1] - Black tungsten concentrate (≥65%) is priced at 233,000 yuan/standard ton, and white tungsten concentrate (≥65%) at 232,000 yuan/standard ton, both showing a daily increase of 7,000 yuan/ton and over 60% rise year-to-date [1] - Despite the rising tungsten prices, related concept stocks experienced a collective decline, with the tungsten index dropping 3.7%, marking the largest decline in August [1] Group 2 - Leading companies in the industry have also raised their prices, with Xiamen Tungsten's APT long-term price reaching 279,500 yuan/ton in early August, an increase of 16,500 yuan/ton from late July [2] - The A-share tungsten sector has seen a general rise, with the Tonghuashun tungsten index increasing over 31% in August, and specific companies like Zhangyuan Tungsten and Xianglu Tungsten experiencing stock price increases of 45.56% and 34.48%, respectively [2] - The supply side is under pressure, with a reduction in tungsten ore mining quotas for 2025, decreasing by 4,000 tons or 6.45% compared to 2024, leading to tighter supply expectations [2] Group 3 - Export data shows that tungsten exports in July totaled 1,692.7 tons, a 34.1% increase from June and a 25.2% increase year-on-year, although the cumulative exports from January to July still reflect a 17.9% year-on-year decline [3] - Market analysts maintain an optimistic outlook, citing a significant supply shortage due to reduced mining quotas and delayed allocation of the second batch of quotas, which are expected to influence tungsten prices [3] - The demand side is also expected to grow steadily, driven by new applications in photovoltaic tungsten wire, nuclear shielding materials, and solid-state battery tungsten-based anode materials, maintaining a tight supply-demand balance [3]

Group 1 - The global server market is entering a new growth cycle starting in 2024, driven by the increasing demand for AI computing power, with an expected CAGR of 18.8% from 2024 to 2029 [2] - The PCB industry is recovering from a phase of adjustment due to weak consumer electronics and inventory cycles, with emerging demands from AI servers and high-performance infrastructure expected to drive growth from 2024 [2][3] - Domestic PCB manufacturers are actively expanding production and increasing capital expenditures, focusing on high-end products such as HDI and multi-layer boards [2][3] Group 2 - The global PCB equipment market is projected to reach 51 billion yuan in 2024, with a year-on-year growth of 9.0%, and a CAGR of 4.9% from 2020 to 2024 [3] - The demand for PCB equipment is significantly boosted by AI computing infrastructure, with the market expected to grow to 77.5 billion yuan by 2029, reflecting a CAGR of 8.7% from 2024 to 2029 [3] - Drilling, exposure, and testing equipment represent the highest value segments in the PCB equipment market, accounting for 20.75%, 16.99%, and 15.00% respectively in 2024 [3] Group 3 - The drilling equipment segment is expected to benefit from increased demand for high-end HDI, with both mechanical and laser drilling seeing growth due to the rising complexity of HDI designs [3] - The exposure equipment market is currently dominated by foreign brands, with low domestic penetration, particularly in LDI technology which is more suited for HDI [4] - The demand for plating equipment is increasing due to the higher number of plating cycles required for advanced HDI, alongside quality control pressures [5] Group 4 - Major equipment manufacturers are showing a clear upward trend, with expectations for accelerated performance in the future [6] - Key players in the drilling segment include Dazhu CNC (301200), while the exposure segment is led by Xinqi Micro (688630) and Tianzhun Technology (688003) [7] - The plating segment is highlighted by Dongwei Technology (688700), with Keg Precision (301338) noted for its role in the solder paste printing segment [7]

Investment Ratings - The report does not explicitly provide investment ratings for the industries discussed [2][3][4][5][6]. Core Insights - The copper market shows a stable upward trend with expectations of demand recovery in mid-September, despite current seasonal weakness [15]. - The aluminum sector is stabilizing at the bottom, with a slight increase in processing rates among leading companies [16]. - The gold market remains highly active, influenced by international geopolitical developments and trade agreements [17]. - The rare earth sector is experiencing significant price increases and regulatory changes, indicating a bullish outlook [35]. - The antimony market is expected to see price recovery due to improved export expectations and domestic production cuts [36]. - The molybdenum market is witnessing price increases driven by rising demand from steel manufacturers [37]. Summary by Sections 1. Base and Precious Metals Market Overview - Copper prices decreased slightly, with LME copper at $9734.50 per ton and SHFE copper at ¥78,700 per ton [15]. - Aluminum prices also fell, with LME aluminum at $2593.00 per ton and SHFE aluminum at ¥20,600 per ton [16]. - Gold prices showed a minor increase, with COMEX gold at $3383.50 per ounce [17]. 2. Base and Precious Metals Fundamental Updates 2.1 Copper - The copper processing fee index dropped to -$41.15 per ton, and domestic copper inventory decreased by 0.2 thousand tons to 13.17 thousand tons [15]. - The operating rate in the copper industry fell by 7.39% to 52.1% due to raw material shortages [15]. 2.2 Aluminum - Domestic aluminum ingot inventory decreased by 1.1 thousand tons to 596 thousand tons, while the operating rate for aluminum processing companies rose by 0.5% to 60.0% [16]. - The complete cost of electrolytic aluminum is ¥16,718 per ton, with industry profits around ¥3,960 per ton [16]. 2.3 Precious Metals - The gold market is influenced by international trade agreements and geopolitical tensions, maintaining a volatile trading environment [17]. 3. Minor Metals and Rare Earth Market Overview - The rare earth sector is seeing price increases, with praseodymium-neodymium oxide at ¥622,300 per ton, up 11.61% [35]. - Antimony prices are expected to recover due to improved export conditions and domestic production cuts [36]. - Molybdenum prices are rising as demand from steel manufacturers increases, with molybdenum concentrate prices at ¥4,420 per ton [37]. 4. Minor Metals and Rare Earth Fundamental Updates 4.1 Rare Earth - Regulatory changes in the rare earth industry are expected to enhance market conditions, with significant price increases anticipated [35]. 4.2 Antimony - The antimony market is poised for recovery, supported by export expectations and production cuts [36]. 4.3 Molybdenum - Molybdenum prices are on the rise due to increased demand from the steel sector, with a notable recovery in steel procurement volumes [37].