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内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 特别提示： 1、本次股东会无否决提案或修改提案的情况。 2、本次股东会不涉及变更以往股东会决议的情况。 一、会议召开的基本情况： 1、会议召开时间： （1）现场会议召开时间：2025年11月14日（星期五）下午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具体时间为2025年11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具体时间为2025 年11月14日上午9：15至下午15:00期间的任意时间。 2、会议召开地点：广东省潮州市湘桥区官塘镇广东翔鹭钨业股份有限公司办公楼会议室 3、会议召开方式：本次股东会采取现场投票与网络投票相结合的方式。 4、会议召集人：公司董事会 5、现场会议主持人：公司董事长陈启丰先生 6、股权登记日：2025年11月7日（星期五） 2、公司部分董事、董事会秘书等高级管理人员出席了本次会议，北京市竞天公诚律师事务所上海分所 张乾律师、夏 ...

上海市徐汇区淮海中路1010号嘉华中心45层 邮政编码200031 电话: (86-21) 5404-9930 传真: (86-21) 5404-9931 关于广东翔鹭钨业股份有限公司 2025 年第三次临时股东会的法律意见书 致：广东翔鹭钨业股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）以及中国证券监 督管理委员会颁布的《上市公司股东会规则》（以下简称"《股东会规则》"）的 规定，北京市竞天公诚律师事务所上海分所（以下简称"本所"）指派律师对广东 翔鹭钨业股份有限公司（以下简称"公司"）2025年第三次临时股东会（以下简称 "本次股东会"）进行见证，并就本次股东会的召集和召开程序、召集人和出席人 员的资格、表决程序以及表决结果发表法律意见。 为出具本法律意见，本所律师审查了《广东翔鹭钨业股份有限公司第五届董 事会2025年第六次临时会议决议公告》《广东翔鹭钨业股份有限公司关于召开 2025年第三次临时股东会的通知》以及本所律师认为必要的其他文件和资料，同 时审查了出席现场会议股东的身份和资格、见证了本次股东会的召开，并参与了 本次股东会议案表决票的现场监票计票工作。 本所及本所指派律师 ...

股票代码：002842 股票简称：翔鹭钨业 公告编号：2025-082 （1）现场会议召开时间：2025 年 11 月 14 日（星期五）下午 14:30 广东翔鹭钨业股份有限公司 2025 年第三次临时股东会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东会无否决提案或修改提案的情况。 2、本次股东会不涉及变更以往股东会决议的情况。 一、会议召开的基本情况： 1、会议召开时间： （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具体时 间为 2025 年 11 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具体时间为 2025 年 11 月 14 日上午 9：15 至 下午 15:00 期间的任意时间。 2、会议召开地点：广东省潮州市湘桥区官塘镇广东翔鹭钨业股份有限公司 办公楼会议室 3、会议召开方式：本次股东会采取现场投票与网络投票相结合的方式。 4、会议召集人：公司董事会 5、现场会议主持人：公司董事长陈启丰先生 6、股权登记日 ...

资料显示，广东翔鹭钨业股份有限公司位于广东省潮州市湘桥区官塘镇庵头工业区，成立日期1997年4 月17日，上市日期2017年1月19日，公司主营业务涉及钨制品的开发、生产与销售。主营业务收入构成 为：粉末制品60.46%，硬质合金22.14%，钨丝系列12.59%，其他4.80%。 11月10日，翔鹭钨业盘中下跌2.06%，截至10:09，报11.42元/股，成交5364.42万元，换手率1.73%，总 市值37.36亿元。 资金流向方面，主力资金净流出446.38万元，大单买入727.20万元，占比13.56%，卖出1173.58万元，占 比21.88%。 翔鹭钨业今年以来股价涨83.90%，近5个交易日跌3.14%，近20日涨6.43%，近60日涨24.40%。 今年以来翔鹭钨业已经3次登上龙虎榜，最近一次登上龙虎榜为8月29日，当日龙虎榜净买入-1.35亿 元；买入总计8218.32万元 ，占总成交额比6.73%；卖出总计2.17亿元 ，占总成交额比17.80%。 责任编辑：小浪快报 翔鹭钨业所属申万行业为：有色金属-小金属-钨。所属概念板块包括：太阳能、光伏玻璃、小盘、小金 属、有色铜等。 截至10月 ...

Core Viewpoint - The tungsten market has experienced a significant price surge, with major tungsten products reaching historical highs due to increased demand and tightened supply conditions [1][2]. Price Trends - Tungsten powder prices have surpassed 700,000 CNY/ton, currently at 710,000 CNY/ton; ammonium paratungstate (APT) is priced at 462,000 CNY/ton, while black and white tungsten concentrates (≥65%) are at 312,000 CNY/ton and 311,000 CNY/ton respectively, each increasing by 2,000 CNY/ton from the previous trading day [1][2]. - Compared to the beginning of the year, prices for major tungsten products have more than doubled, with black tungsten concentrate increasing by 118.18%, APT by 118.96%, and tungsten powder by 124.68% [1][2]. Supply and Demand Dynamics - The tightening of tungsten supply is expected to continue, with the Ministry of Natural Resources and the Ministry of Industry and Information Technology indicating a reduction in the first batch of tungsten concentrate mining quotas for 2025 to 58,000 tons, a decrease of 4,000 tons or 6.45% year-on-year [2][3]. - The demand for tungsten has risen significantly due to increased production in sectors such as photovoltaics and automotive, leading to a tight market balance [2][4]. Industry Performance - Companies in the tungsten sector have reported strong financial performance, with Zhongtung High-tech achieving a revenue of 12.755 billion CNY in the first three quarters, a year-on-year increase of 13.39%, and a net profit of 846 million CNY, up 18.26% [2]. - Other companies like Xianglu Tungsten and Luoyang Molybdenum have also shown impressive growth, with net profits increasing by 259.65% and 72.61% respectively [2]. Market Outlook - Analysts predict a favorable supply-demand balance in the tungsten market, with strong pricing support from supply-side constraints and resilient demand from downstream industries [3][4]. - The tightening of mining quotas and limited new production capacity are expected to reinforce the bullish outlook for tungsten prices [4].

Core Insights - The tungsten market has experienced a significant price surge, with major tungsten products reaching historical highs, driven by increased demand and supply constraints [1][2][3] Price Trends - Tungsten powder prices have surpassed 700,000 CNY/ton, currently at 710,000 CNY/ton; ammonium paratungstate (APT) is priced at 462,000 CNY/ton, while black and white tungsten concentrates are at 312,000 CNY/ton and 311,000 CNY/ton respectively, each increasing by 2,000 CNY from the previous trading day [1][2] - Year-to-date price increases for major tungsten products have exceeded 100%, with black tungsten concentrate rising by 118.18%, APT by 118.96%, and tungsten powder by 124.68% compared to the beginning of the year [1][2] Supply and Demand Dynamics - The tightening supply situation is expected to continue, with the Ministry of Natural Resources and the Ministry of Industry and Information Technology indicating a reduction in tungsten mining quotas for 2025, down to 58,000 tons, a decrease of 4,000 tons or 6.45% year-on-year [2][3] - The demand for tungsten has been bolstered by increased production in sectors such as photovoltaics and automotive, leading to a tight market balance [2][3] Industry Performance - Companies in the tungsten sector have reported strong financial results, with Zhongtung High-tech achieving a revenue of 12.755 billion CNY in the first three quarters, a year-on-year increase of 13.39%, and a net profit of 846 million CNY, up 18.26% [2] - Other companies like Xianglu Tungsten and Luoyang Molybdenum have also shown impressive performance, with net profits increasing by 259.65% and 72.61% respectively [2] Market Outlook - Analysts predict a favorable supply-demand balance for tungsten, with strong pricing support from supply constraints and resilient demand from downstream industries [3] - The tightening of mining quotas and limited new capacity are expected to reinforce the bullish outlook for tungsten prices [3]

Core Viewpoint - The article discusses the recent trends in China's tungsten export market, highlighting a decline in export volume while showing an increase in export value, indicating potential shifts in market dynamics and pricing strategies [1]. Group 1: Export Data - In September 2025, China's tungsten export volume was 0.11 million tons, representing a year-on-year decrease of 16.9% [1]. - The export value for the same period was 0.58 million USD, which reflects a year-on-year increase of 4.3% [1]. Group 2: Companies Mentioned - The article lists several companies involved in the tungsten industry, including Zhongtung High-tech (000657), Zhangyuan Tungsten Industry (002378), Xianglu Tungsten Industry (002842), Xiamen Tungsten Industry (600549), and Xiamen Tungsten New Energy (688778) [1]. Group 3: Industry Research - The article references a report by Zhiyan Consulting titled "2025-2031 China Tungsten Mining Industry Market Panorama Research and Industry Demand Assessment Report," which provides insights into the tungsten market and its future trends [1].

Core Viewpoint - The power equipment industry is experiencing steady growth in revenue and profit, driven by high domestic grid investment and surging overseas demand, with new growth areas like supercapacitors and energy storage emerging as key focus points [2] Group 1: Industry Performance - The majority of power equipment companies reported steady growth in revenue and profit, with notable examples including State Grid and Southern Grid conducting multiple rounds of equipment tenders [2][3] - The China Electricity Council reported that grid investment reached 437.8 billion yuan in the first three quarters, a year-on-year increase of 9.9% [2] - The cumulative tender amount for transmission and transformation equipment by State Grid reached 68.188 billion yuan, up 22.9% year-on-year [2] Group 2: Company Highlights - Pinggao Electric reported a revenue of 8.436 billion yuan for the first three quarters, a year-on-year increase of 6.98%, with net profit rising 14.62% [3] - Siyuan Electric achieved a revenue of 5.33 billion yuan in Q3, a 25.68% increase year-on-year, and a net profit of 899 million yuan, up 48.73% [3] - Siyuan Electric's overseas revenue reached 2.86 billion yuan in the first half, a staggering 89% increase, with overseas orders growing faster than average [3] Group 3: Emerging Business Areas - Energy storage and supercapacitors are becoming significant growth drivers for power equipment companies, with Sunshine Power predicting a domestic energy storage installation of around 130 GWh this year [5] - Siyuan Electric's energy storage bid volume is expected to reach 2.4 GWh in 2024, placing it among the top ten in the country [5] - Guodian NARI has been deeply involved in the energy storage sector, contributing to the commissioning of new energy storage plants [5] Group 4: Future Outlook - Industry experts anticipate sustained high growth in the power sector, driven by policies promoting renewable energy and the need for stable grid infrastructure [7] - Wanlian Securities suggests continued investment in new power system facilities, emphasizing smart grids and new energy storage as key areas to watch [7]

Market Overview - The small metals sector increased by 0.86% compared to the previous trading day, with Zhongkuang Resources leading the gains [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Top Performers - Zhongkuang Resources (002738) closed at 56.90, up 5.68% with a trading volume of 453,000 shares and a transaction value of 2.517 billion [1] - China Tungsten High-Tech (000657) closed at 26.01, up 5.05% with a trading volume of 2.7811 million shares and a transaction value of 7.221 billion [1] - Xianglu Tungsten Industry (002842) closed at 12.16, up 3.93% with a trading volume of 570,600 shares [1] Underperformers - Caoyuan Tungsten Industry (002378) closed at 13.36, down 5.32% with a trading volume of 903,300 shares and a transaction value of 1.234 billion [2] - Xiamen Tungsten Industry (600549) closed at 36.55, down 2.56% with a trading volume of 768,900 shares and a transaction value of 2.834 billion [2] - Dongfang Silver (000962) closed at 33.07, down 3.30% with a trading volume of 383,700 shares [2] Capital Flow - The small metals sector experienced a net outflow of 1.458 billion from main funds, while speculative funds saw a net inflow of 459 million, and retail investors had a net inflow of 999 million [2][3] - Zhongkuang Resources had a main fund net inflow of 151 million, while retail investors had a net outflow of 163 million [3] - The overall capital flow indicates a mixed sentiment among different investor types within the small metals sector [3]

Core Insights - Xianglu Tungsten Industry (002842.SZ) reported a total operating revenue of 1.616 billion yuan for Q3 2025, ranking 12th among disclosed peers [1] - The net profit attributable to shareholders was 51.773 million yuan, placing the company 16th among its peers [1] - The net cash flow from operating activities was -72.507 million yuan, a decrease of 40.516 million yuan compared to the same period last year, ranking 14th among peers [1] Financial Metrics - The latest debt-to-asset ratio is 51.91%, ranking 13th among disclosed peers, with an increase of 2.31 percentage points from the previous quarter [3] - The latest gross profit margin is 11.81%, ranking 12th among peers [3] - The return on equity (ROE) is 4.64%, also ranking 12th among peers [3] - The diluted earnings per share (EPS) is 0.17 yuan, ranking 11th among disclosed peers [3] - The total asset turnover ratio is 0.74 times, while the inventory turnover ratio is 1.74 times, ranking 12th among peers [3] Shareholder Structure - The number of shareholders is 41,300, with the top ten shareholders holding 135 million shares, accounting for 41.35% of the total share capital [3] - The top shareholders include: 1. Chen Qixing - 15.8% 2. Chaozhou Qilong Trading Co., Ltd. - 8.05% 3. Shenzhen Guoan Fund Investment Development Co., Ltd. - 5.46% 4. Chen Wei'er - 4.18% 5. Chen Weidong - 3.84% 6. Wang Chenghua - 1.86% 7. Zhang Zehong - 0.91% 8. Chaozhou Yongxuan Ceramic Technology Co., Ltd. - 0.43% 9. Jia Shengmin - 0.41% 10. Zhang Miaoqing - 0.36% [3]