Group 1: Company Overview - The company, Dongfang Tantalum Industry Co., Ltd., focuses on tantalum and niobium metal production and processing, with a complete industrial chain from ore refining to product manufacturing [1][6]. Group 2: Financial Performance - In 2024, the company expects to achieve operating revenue of CNY 128.061 million, an increase of CNY 17.255 million, representing a growth of 15.57% compared to the previous year [4]. - The estimated operating cost for 2024 is CNY 104.055 million, up by CNY 13.015 million, with a growth rate of 14.30% [4]. - The projected net profit attributable to shareholders is CNY 21.322 million, an increase of CNY 2.609 million, reflecting a growth of 13.94% [4]. - The net profit after deducting non-recurring gains and losses is expected to be CNY 19.279 million, up by CNY 3.467 million, with a growth rate of 21.92% [4]. Group 3: Product Structure and Market Position - The main products include high-temperature alloys, tantalum powder, tantalum wire, semiconductor tantalum targets, and high-purity niobium materials, with a focus on high-purity and high-tech products [5]. - The company has improved its product structure and market competitiveness through technological advancements and process improvements [5]. Group 4: Competitive Advantages - The company possesses a complete industrial chain integrating wet and pyrometallurgical refining of tantalum and niobium ores, along with product processing [6]. - It has established stable partnerships and a strong reputation in the industry, enhancing its brand advantage [6]. Group 5: Value Management and Investor Relations - The company emphasizes investor rights protection and value management, having established a dedicated management team and plan [7]. - It aims to enhance transparency through various channels, including information disclosure and investor meetings, to improve its image in the capital market [8]. Group 6: Raw Material Sourcing and Dividend Policy - The primary raw materials are sourced from tantalum and niobium ore refining, with additional procurement based on production needs [8]. - The company has a commitment to reasonable returns for investors, having distributed a cash dividend of CNY 0.55 per 10 shares on November 21, 2024 [8].

东方钽业: 招商证券股份有限公司关于宁夏东方钽 业股份有限公司2024年度持续督导定期现场检查报 告 招商证券股份有限公司 关于宁夏东方钽业股份有限公司 保荐人名称：招商证券股份有限公司 被保荐公司简称：东方钽业 保荐代表人姓名：张俊果 联系电话：0755-82943666 保荐代表人姓名：陈春昕 联系电话：0755-82943666 现场检查人员姓名：张俊果、邓凯迪 现场检查对应期间：2024 年度（"核查期间"） 现场检查时间：2025 年 3 月 10 日至 2025 年 3 月 12 日 一、现场检查事项 现场检查意见 （一）公司治理 是 否 不适用 现场检查手段： （1）查阅上市公司 2024 年度三会会议材料； （2）查阅上市公司的章程和各项规章制度，通过访谈了解公司基本制度的执行情况； （3）访谈上市公司的相关人员，了解公司独立性和同业竞争相关情况。 √ 等要件是否齐备，会议资料是否保存完整 √ 行职责 √ 露义务 √ 程序和信息披露义务 （二）内部控制 现场检查手段： （1）查阅内部审计部门资料，包括组织架构、内部审计制度、工作规划等； （2）查阅上市公司审计委员会工作制度及相关会议资料； （ ...

| 保荐人名称：招商证券股份有限公司 被保荐公司简称：东方钽业 | | | | | --- | --- | --- | --- | | 保荐代表人姓名：张俊果 联系电话：0755-82943666 | | | | | 保荐代表人姓名：陈春昕 联系电话：0755-82943666 | | | | | 现场检查人员姓名：张俊果、邓凯迪 | | | | | 现场检查对应期间：2024 年度（"核查期间"） | | | | | 现场检查时间：2025 年 3 月 10 日至 2025 年 3 月 12 日 | | | | | 一、现场检查事项 现场检查意见 | | | | | （一）公司治理 是 否 | | 不适用 | | | 现场检查手段： | | | | | （1）查阅上市公司 2024 年度三会会议材料； | | | | | （2）查阅上市公司的章程和各项规章制度，通过访谈了解公司基本制度的执行情况； | | | | | （3）访谈上市公司的相关人员，了解公司独立性和同业竞争相关情况。 | | | | | 1.公司章程和公司治理制度是否完备、合规 | √ | | | | 2.公司章程和三会规则是否得到有效执行 ...

Financial Performance - Total operating revenue for 2024 reached CNY 128,060.08 million, an increase of 15.57% compared to CNY 110,805.29 million in 2023[4] - Operating profit for 2024 was CNY 21,036.04 million, reflecting a growth of 9.85% from CNY 19,150.49 million in 2023[4] - Net profit attributable to shareholders for 2024 was CNY 21,322.34 million, up 13.94% from CNY 18,712.88 million in 2023[4] - The company achieved a net profit of CNY 19,278.88 million after deducting non-recurring gains and losses, marking a 21.92% increase from CNY 15,812.12 million in 2023[4] - Basic earnings per share for 2024 were CNY 0.4258, a 3.68% increase from CNY 0.4107 in 2023[4] Assets and Liabilities - The company's total assets as of December 31, 2024, amounted to CNY 306,125.66 million, representing an 8.64% increase from CNY 281,772.72 million in 2023[4] - The equity attributable to shareholders increased to CNY 259,273.93 million, an 8.20% rise from CNY 239,624.76 million in 2023[4] - The total liabilities at the end of 2024 were CNY 45,418 million, which is an 11.19% increase from the previous year[6] - The asset-liability ratio stood at 14.84% as of the end of 2024[6] Strategic Plans - The company plans to continue expanding market space and optimizing product structure to enhance revenue growth[6]

证券代码：000962 证券简称：东方钽业 公告编号：2025-011 号 宁夏东方钽业股份有限公司 2025 年第二次临时股东大会决议公告 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。 特别提示： 1、本次股东大会没有出现否决议案的情形。 2、本次股东大会没有涉及变更前次股东大会决议。 3、议案 1 为关联交易，与该关联交易有利害关系的关联人中色（宁 夏）东方集团有限公司、中国有色矿业集团有限公司在股东大会上已 回避表决。 一、会议召开和出席情况 （一）会议召开的情况 1、召开时间 （1）现场会议时间：2025 年 3 月 14 日 14:30 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票 的时间为：2025 年 3 月 14 日上午 9:15～9:25，9:30～11:30，下午 13:00～15:00；通过深圳证券交易所互联网投票系统投票的时间为 2025 年 3 月 14 日 9:15 至 15:00 期间的任意时间。 2、现场会议召开地点：宁夏东方钽业股份有限公司办公楼二楼会 议室 1 及《公司章程》等法律、法规和规范性文件的规定。 ...

GHFLYJS[2025]126 号 法律意见书 国浩律师（银川）事务所 关于宁夏东方钽业股份有限公司 2025 年第二次临时股东大会的法律意见书 地 址 ： 宁 夏 银 川 市 金 凤 区 北 京 中 路 1 6 6 号 德 宁 国 际 中 心 2 8 / 2 9 层 T. +86 09516011966 F. +86 09516011012 E. grandallyc@grandall.com.cn W. www.grandall.com.cn 邮 编 ： 7 5 0 0 0 2 致：宁夏东方钽业股份有限公司 根据《中华人民共和国公司法》（下称《公司法》）、《中华人民 共和国证券法》（下称《证券法》）、《上市公司股东大会规则（2022 年修订）》（下称《规则》）和《深圳证券交易所上市公司股东大会网 络投票实施细则（2020 年修订）》等法律、法规和规范性文件及宁夏东 方钽业股份有限公司（下称"公司"）章程的要求，国浩律师（银川） 事务所（下称"本所"）接受公司委托，指派刘庆国、刘宁律师出席公 司 2025 年第二次临时股东大会（下称"本次大会"），并就本次大会相 关事宜出具本法律意见书。 为出具本法律意见 ...

Investment Rating - The report does not explicitly state an investment rating for the small metals industry or the specific company, Dongfang Tantalum Industry [1]. Core Insights - The company is focusing on research and innovation to enhance its core competitiveness, particularly in response to the growing semiconductor and consumer electronics markets, which provide significant opportunities for tantalum and niobium targets [17][18]. - The company has made substantial progress in producing high-purity tantalum targets for semiconductor manufacturing, filling a gap in the domestic market and reducing reliance on imports [18]. - The company is actively managing its market value by emphasizing quality development and transparency to investors, which is seen as essential for long-term stability [19]. Summary by Sections 1. Basic Research Information - The research was conducted on Dongfang Tantalum Industry, which operates in the small metals sector, on March 11, 2025 [13]. 2. Detailed Research Institutions - The research involved institutions such as Minsheng Securities, China Merchants Fund, and People’s Insurance Pension [14]. 3. Research Institution Proportions - The report does not provide specific data on the proportions of research institutions involved [16]. 4. Main Content Information - The company is closely monitoring national policies and market trends, focusing on R&D and technological upgrades to enhance competitiveness [17]. - The company’s semiconductor products include large-size high-purity tantalum targets, which are crucial for semiconductor chip manufacturing [18]. - The company is advancing its capabilities in the semiconductor field, with significant growth in sales of ultra-high-purity tantalum powder, addressing a critical need in the industry [18]. - The company is investing in projects to modernize production lines and improve logistics, which will enhance product supply in the semiconductor sector [19]. - The company is aware of foreign exchange risks due to its international sales and procurement, implementing a monitoring mechanism to mitigate these risks [19]. - Niobium is highlighted for its applications in superconducting technologies, particularly in particle accelerators, contributing to national scientific projects [20].

Group 1: Company Overview and Market Position - Ningxia Dongfang Tantalum Industry Co., Ltd. focuses on R&D and innovation to enhance core competitiveness in the semiconductor and consumer electronics markets [2][3] - The company produces tantalum and niobium targets, which are essential for semiconductor sputtering and flat panel display materials, benefiting from rapid industry growth and domestic substitution trends [3][4] Group 2: Product Development and Technological Advancements - The company has seen a "leap" in sales of ultra-high purity metallurgical-grade tantalum powder, filling a national gap and reducing reliance on imports for integrated circuit materials [4] - Ongoing projects include the development and certification of 12-inch tantalum target blanks, which have completed testing and are now in mass production, creating new economic growth points [4] Group 3: Market Management and Investor Relations - The company emphasizes high-quality development as the foundation for market value management, focusing on core business and enhancing internal value [5] - Various channels, including information disclosure and investor meetings, are utilized to improve transparency and protect investor rights, fostering a multi-layered interaction mechanism [5] Group 4: Currency Risk Management - The company monitors international currency fluctuations closely, as some product sales and raw material purchases are settled in foreign currencies, implementing a comprehensive foreign exchange risk warning system [6] Group 5: Applications of Niobium - Niobium is crucial in low-temperature superconductivity, with applications in next-generation particle accelerators, contributing to national scientific projects [7] - The company has developed and exported superconducting niobium materials and RF superconducting niobium cavities, positioning China as a self-sufficient producer in this field [7]

Group 1: Company Overview and Market Position - Dongfang Tantalum Industry Co., Ltd. focuses on the production of high-purity tantalum targets primarily used in semiconductor chip manufacturing and optical coatings, benefiting from the expanding semiconductor and consumer electronics markets [2][3]. - The company aims to enhance its product competitiveness by improving internal management, increasing production capacity, and ensuring product quality, thereby continuously increasing its market share [2]. Group 2: Product Advantages and Raw Material Procurement - The company has a complete production line from ore wet smelting to tantalum and niobium product processing, ensuring stable quality and high purity in its high-temperature alloy products [3][4]. - Raw materials are primarily sourced from international suppliers, with a procurement cycle of three to six months, utilizing competitive bidding based on market prices [4][5]. Group 3: Risk Management and Strategic Development - The company does not engage in speculative procurement and maintains a reasonable inventory to mitigate risks associated with price fluctuations in tantalum and niobium ores, which are currently stable [5][6]. - Dongfang Tantalum is actively seeking partnerships for mining opportunities to enhance self-sufficiency in raw materials and reduce costs, with significant efforts in resource exploration and development [6]. Group 4: Corporate Governance and Investor Relations - As a state-owned enterprise, the company emphasizes investor rights protection and has established a market value management team to enhance operational quality and long-term value creation [8]. - The company is committed to transparency through various channels, including performance briefings and investor hotlines, to improve its image in the capital market [8]. Group 5: Future Outlook - The company's development philosophy focuses on optimizing tantalum powder production, strengthening product offerings, and enhancing operational efficiency, while adapting to market cycles and improving product quality [9][10].