Core Viewpoint - Zhangyuan Tungsten Industry (002378) expects a net profit attributable to shareholders of the listed company to be between 260 million and 320 million yuan in 2025, representing a year-on-year growth of 51% to 86% [1] Summary by Category - **Company Performance** - The company anticipates a significant increase in net profit for 2025, projecting a range of 260 million to 320 million yuan [1] - This forecast indicates a growth rate of 51% to 86% compared to the previous year [1]

Core Viewpoint - The article highlights significant projected net profit growth for various companies in 2025, indicating strong performance expectations across multiple sectors [1] Group 1: Company Projections - Haixia Innovation is expected to see a net profit increase of 1660.56% to 2540.85% year-on-year in 2025 [1] - Electric Power Water is projected to have a net profit growth of approximately 1337% in 2025 [1] - Honghe Technology anticipates a net profit increase of 745% to 889% in 2025 [1] - Shangluo Electronics expects a net profit growth of 302.55% to 344.92% in 2025 [1] - Fangda Special Steel is projected to see a net profit increase of 236.90% to 302.67% in 2025 [1] - Changchuan Technology anticipates a net profit growth of 172.67% to 205.39% in 2025 [1] - Xiechuang Data expects a net profit increase of 52% to 81% in 2025 [1] - Industrial Fulian is projected to have a net profit growth of 51% to 54% in 2025 [1] - Ruifeng Optoelectronics anticipates a net profit increase of 80% to 160% in 2025 [1] - Xiaocheng Technology expects a net profit growth of 93.32% to 179.24% in 2025 [1] - Mingyang Smart Energy is projected to see a net profit increase of 131.14% to 188.92% in 2025 [1] - iFlytek anticipates a net profit growth of 40% to 70% in 2025 [1] - Gigabit expects a net profit increase of 79% to 97% in 2025 [1] - Zhangyuan Tungsten anticipates a net profit growth of 51% to 86% in 2025 [1] - Hunan Silver is projected to see a net profit increase of 67.88% to 126.78% in 2025 [1] - Tibet Summit expects a net profit growth of 92.28% to 135.01% in 2025 [1] - Silan Microelectronics anticipates a net profit increase of 50% to 80% in 2025 [1] - Tianhai Defense is projected to see a net profit growth of 51.57% to 116.53% in 2025 [1] - Wolong Nuclear Materials expects a net profit increase of 29.79% to 39.22% in 2025 [1]

Group 1 - The company, Zhangyuan Tungsten, forecasts a net profit attributable to shareholders of 260 million to 320 million yuan for 2025, representing a year-on-year increase of 51% to 86% [1] - The basic earnings per share are expected to be between 0.22 yuan and 0.27 yuan [1] - The significant change in performance is attributed to a tight supply of tungsten raw materials, increased market demand, and a substantial rise in tungsten prices [1] Group 2 - The company has leveraged its advantages in the tungsten industry chain to enhance product performance, optimize capacity layout, and stabilize supply capabilities, resulting in synchronized growth in both production and sales [1] - Both operating revenue and net profit attributable to shareholders are expected to see substantial growth in 2025 [1] - The company emphasizes a commitment to steady operations and continuous promotion of high-quality development [1]

报告期，钨原料市场供应偏紧，市场需求增加，钨原料价格大幅上涨。公司充分发挥钨全产业链协同优 势，不断提升产品性能，优化产能布局，稳定供货保障能力，实现了产量销量的同步增长。2025 年公 司营业收入、归属于上市公司股东的净利润均实现较大幅度增长。公司将始终以稳健经营为核心，持续 推进高质量发展。 格隆汇1月28日丨章源钨业(002378.SZ)公布，预计2025年归属于上市公司股东的净利润26,000万元— 32,000万元，比上年同期增长51%—86%，扣除非经常性损益后的净利润27,000万元—33,000万元，比上 年同期增长50%—83%。 ...

证券代码：002378 证券简称：章源钨业 公告编号：2026-003 崇义章源钨业股份有限公司 股票交易异常波动公告 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、股票交易异常波动的情况介绍 崇义章源钨业股份有限公司（以下简称"公司"或"本公司"）股票（股票简称： 章源钨业，股票代码：002378）于 2026 年 1 月 26 日、2026 年 1 月 27 日、2026 年 1 月 28 日，连续 3 个交易日收盘价格涨幅偏离值累计达到 20%，根据《深圳 证券交易所股票上市规则》的规定，属于股票交易异常波动的情况。 二、说明关注、核实情况 针对公司股票交易异常波动，公司就以下事项与有关人员通过函询等方式进 行了核实，现将核实情况说明如下： 1. 公司前期披露的信息不存在需要更正、补充之处。 三、是否存在应披露而未披露信息的说明 本公司董事会确认，本公司目前没有任何根据《深圳证券交易所股票上市规 则》等有关规定应予以披露而未披露的事项或与该事项有关的筹划、商谈、意向、 1 协议等；董事会也未获悉本公司有根据《深圳证券交易所股票上市规则》等有关 规定 ...

Core Viewpoint - The company expects a net profit of 260 million to 320 million yuan for the fiscal year 2025, representing a year-on-year increase of 51% to 86% [1] Group 1: Market Conditions - The tungsten raw material market is experiencing tight supply, with increased market demand leading to a significant rise in tungsten raw material prices [1] Group 2: Company Performance - The company is leveraging its advantages in the entire tungsten industry chain to continuously enhance product performance and optimize capacity layout [1] - The company has achieved synchronized growth in both production and sales [1]

2．业绩预告情况：预计净利润为正值且属于同向上升 50%以上情形 以区间数进行业绩预告 证券代码：002378 证券简称：章源钨业 公告编号：2026-002 崇义章源钨业股份有限公司 2025 年度业绩预告 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、本期业绩预计情况 1．业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日。 四、风险提示 本次业绩预告为公司财务部门初步测算的结果，未经审计机构审计，具体财 务数据将在公司 2025 年年度报告中详细披露。敬请广大投资者注意投资风险。 特此公告。 崇义章源钨业股份有限公司董事会 | 项目 | | 本报告期 | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股东的净利润 | 盈利：26,000 | 万元—32,000 | 万元 | 17,203 | 万元 | | | 比上年同期增长：51%—86% | | | | | | 扣除非经常性损益后的净利润 | 盈利：27,000 | 万元—33,000 | 万元 | ...

1月28日，章源钨业盘中下跌2.08%，截至09:59，报23.04元/股，成交8.14亿元，换手率2.92%，总市值 276.81亿元。 截至9月30日，章源钨业股东户数9.81万，较上期增加80.69%；人均流通股12185股，较上期减少 44.66%。2025年1月-9月，章源钨业实现营业收入38.78亿元，同比增长37.38%；归母净利润1.90亿元， 同比增长29.71%。 分红方面，章源钨业A股上市后累计派现8.62亿元。近三年，累计派现2.69亿元。 机构持仓方面，截止2025年9月30日，章源钨业十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股1300.64万股，相比上期增加422.07万股。银华心佳两年持有期混合（010730）位居第四大 流通股东，持股619.86万股，持股数量较上期不变。南方中证1000ETF（512100）位居第五大流通股 东，持股549.07万股，相比上期减少3.72万股。华夏中证1000ETF（159845）位居第九大流通股东，持 股326.46万股，相比上期减少4100.00股。广发中证1000ETF（560010）位居第十大流通股东，持股 254. ...

Group 1 - The small metals sector experienced a significant increase of 5.23% on January 26, with Zhangyuan Tungsten leading the gains [1] - The Shanghai Composite Index closed at 4132.61, down 0.09%, while the Shenzhen Component Index closed at 14316.64, down 0.85% [1] - Key stocks in the small metals sector showed notable price increases, with Zhangyuan Tungsten rising by 10.01% to a closing price of 23.07 [1] Group 2 - The small metals sector saw a net inflow of 1.367 billion yuan from main funds, while retail investors experienced a net outflow of 1.181 billion yuan [2] - The trading volume for Zhangyuan Tungsten was 934,000 shares, with a transaction value of 2.098 billion yuan [1] - North Rare Earth had a net inflow of 726 million yuan from main funds, indicating strong institutional interest [3]

Group 1: Copper - The LME copper price increased by 0.25% to $12,840.0 per ton, while the Shanghai copper price rose by 0.57% to ¥101,300 per ton [1] - Copper concentrate processing fees fell to -$49.79 per ton, and national copper inventory increased by 2.9% week-on-week, with a year-on-year increase of 203,000 tons [1][13] - The operating rate of copper cable enterprises increased by 2.72 percentage points to 58.71%, with a year-on-year increase of 15.87% [1][13] Group 2: Aluminum - The LME aluminum price rose by 0.29% to $3,137.5 per ton, and the Shanghai aluminum price increased by 1.53% to ¥24,300 per ton [2][14] - The operating rate of domestic aluminum processing enterprises fell by 6.3 percentage points to 51.1% due to the upcoming Spring Festival [2][14] - Electrolytic aluminum ingot inventory decreased by 6,000 tons to 743,000 tons [2][14] Group 3: Gold - COMEX gold price increased by 6.88% to $4,938.4 per ounce, with SPDR gold holdings rising by 4.86 tons to 1,079.66 tons [3][15] - Geopolitical risks have led to a strong fluctuation in the gold market [3][15] - The 10-year TIPS yield decreased by 0.07 percentage points to 1.95% [3][15] Group 4: Rare Earths - The price of praseodymium and neodymium oxide decreased by 0.25% to ¥672,700 per ton [4][36] - December exports of rare earth permanent magnets increased by 7% year-on-year, indicating a recovery in exports [4][36] - The rare earth sector is expected to see upward price momentum due to supply constraints and favorable export conditions [4][36] Group 5: Tungsten - Tungsten prices increased by 5.54% this week, supported by tight supply conditions [4][38] - The establishment of a $2.5 billion "strategic resilience reserve" in the U.S. may elevate tungsten's priority [4][38] - The price of ammonium paratungstate rose by 6.06% to ¥790,500 per ton [4][38] Group 6: Tin - Tin prices increased by 2.19% to ¥423,700 per ton, with inventory rising by 1.79% to 9,720 tons [4][38] - Supply from Indonesia and Myanmar remains below expectations, supporting an upward price trend [4][38] - The demand outlook is positive due to recovery in semiconductor and photovoltaic sectors [4][38] Group 7: Lithium - The average price of lithium carbonate rose by 0.8% to ¥159,500 per ton, while lithium hydroxide increased by 2.0% to ¥156,900 per ton [4][63] - Lithium production decreased slightly, with total output at 22,200 tons, down by 40 tons [4][63] - The market is experiencing strong demand, with signs of pre-holiday stocking [4][63] Group 8: Cobalt - Cobalt prices decreased by 3.7% to ¥437,000 per ton, while cobalt intermediate prices increased by 1.5% to $25.75 per pound [5][65] - Supply tightness is expected to persist, with domestic prices showing upward momentum [5][65] - The market structure remains tight due to limited liquidity and long transportation cycles [5][65]