Core Viewpoint - The tungsten industry is characterized by a significant supply-demand gap, with expectations of a global shortage increasing from 13,000 tons in 2023 to 18,000 tons by 2027, indicating a systemic rise in tungsten prices due to its strategic importance and scarcity [2][3]. Industry Overview - Tungsten is a globally important strategic resource known for its high hardness, melting point, and resistance to high temperatures and corrosion, making it essential in various sectors including transportation, mining, industrial manufacturing, and military applications [7][9]. - The global tungsten reserves are concentrated, with China holding over 50% of the total tungsten resources and production, making it a key player in the tungsten market [14][19]. Driving Factors - The rarity of tungsten resources and continuous innovation in mining technology are crucial for the industry's growth, with global tungsten reserves increasing from approximately 3.3 million tons in 2018 to 4.4 million tons in 2023, reflecting a compound annual growth rate of 5.9% [14]. - Demand for tungsten from downstream industries is on the rise, particularly in aerospace, military, and photovoltaic sectors, with projections indicating that global tungsten consumption could reach approximately 151,100 tons by 2028 [15]. - Technological advancements in mining and smelting processes are enhancing the efficiency and cost-effectiveness of tungsten extraction, making the market more attractive to investors [16][17]. Supply-Demand Structure - The supply of tungsten remains rigid, with China accounting for 52.5% of global tungsten reserves and 82.3% of production in 2024, despite a gradual decline in the quality of tungsten ore due to extensive mining [19][21]. - The Chinese government implements strict controls on tungsten mining, with total mining quotas gradually increasing but remaining limited, which contributes to a tight supply situation [21][27]. - The production cost of tungsten concentrates is expected to rise significantly, with estimates indicating costs could exceed 130,000 yuan per ton by 2024 [27][29]. Price Outlook - The price of tungsten is supported by strong cost factors, with production costs currently ranging from 96,000 to 107,000 yuan per ton, and expected to maintain upward pressure due to increasing mining costs and regulatory constraints [27][29]. - The global tungsten market is anticipated to experience price increases driven by supply constraints and rising demand from various industrial applications [2][3]. Industry Development Trends - The tungsten industry is expected to see continued growth in hard alloy production, with domestic production increasing from 33,800 tons in 2018 to an estimated 58,000 tons in 2024, reflecting a compound annual growth rate of 9.4% [37]. - The demand for tungsten wire, particularly in the photovoltaic sector, is projected to grow rapidly as it replaces traditional carbon steel wire due to its superior properties [53][54].

Group 1 - The tungsten index experienced a significant increase, rising nearly 6% during intraday trading and closing up by 4.06% [1] - Individual stocks such as Xianglu Tungsten Industry (002842) hit the daily limit, while Guangsheng Nonferrous (600259), Zhangyuan Tungsten (002378), and Xiamen Tungsten (600549) also saw gains [1] - The spokesperson from Xianglu Tungsten Industry indicated that the stock price surge was influenced by multiple factors, and while tungsten prices are currently high, the future trend is uncertain [1] Group 2 - The company primarily purchases tungsten ore as raw materials, processes them, and sells tungsten products, indicating that rising tungsten prices positively impact the company's performance [1]

Market Overview - On June 11, the tungsten sector showed strength, with Xianglu Tungsten Industry hitting the limit up, and other companies like Xiamen Tungsten, Zhangyuan Tungsten, and China Tungsten High-tech also experiencing collective gains [1] Company Insights - Xianglu Tungsten Industry (002842.SZ) has turned profitable, operating in the complete tungsten industry chain, including mining, smelting, and production of various tungsten products, with a significant mining area of 5.96 square kilometers [2] - Guangdong Guangsheng Nonferrous Metals (600259.SS) has also turned profitable, focusing on a diversified industrial layout of rare earths, tungsten, and copper, with a tungsten resource reserve of 65,000 tons [2] - Xiamen Tungsten (600549.SS) is one of the largest tungsten smelting product processing companies globally, with a complete tungsten industry chain and significant market share in tungsten wire production [2] - Zhangyuan Tungsten (002378.SZ) is a leading tungsten smelting product processing company, with a complete production system from mining to deep processing and tungsten resource reserves of 94,600 tons [2] - Luoyang Copper (603993.SS) is a global leader in copper, cobalt, aluminum, and tungsten production, with a tungsten resource reserve of 26,040,000 tons [2] Price Trends - As of June 6, the price of 65% WO3 tungsten concentrate in China surpassed 173,000 yuan per ton, marking an increase of 31,000 yuan since the beginning of the year, with a cumulative rise of 21.8%, reaching a historical high [3] Institutional Analysis - China will implement export controls on tungsten-related matters by February 2025, which is expected to strengthen the strategic nature of tungsten resources, as 90% of tungsten concentrate processing capacity is concentrated in China [4] - The application of tungsten in various fields, including photovoltaic cutting and robotics, is expected to drive demand growth [5] - Supply constraints are anticipated due to declining production from existing mines and limited new mine launches, with the first batch of tungsten mining quotas for this year down 6.5% year-on-year, contributing to rising tungsten prices [5] - The tungsten market is expected to enter a bull market phase, with prices likely to continue breaking historical highs, and the supply-demand gap projected to expand from 18,300 tons in 2024 to 19,100 tons in 2028 [5]

Group 1 - The A-share small metal sector experienced an initial rise, with Haotong Technology and Xingye Silver Tin both increasing by over 6% [1] - Other companies such as Guiyan Platinum Industry, Xianglu Tungsten Industry, Guangsheng Nonferrous, Yian Technology, and Zhangyuan Tungsten Industry also saw gains [1]

广东翔鹭钨业股份有限公司（以下简称"公司"）于近日接到公司股东潮州 启龙贸易有限公司（以下简称"启龙贸易"）关于其所持公司股份质押变动情况 的通知，具体事项如下： 股票代码：002842 股票简称：翔鹭钨业 公告编号：2025-057 广东翔鹭钨业股份有限公司 关于公司股东股份质押的公告 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、误导性陈述或者重大遗漏。 一、股东股份质押基本情况 | 股东名称 | 是否为控 股股东或 第一大股 | | 本次质押 股数（股） | 占其所 | 占公 司总 股本 | 是否 | 是否 为补 充质 | 质押 | 质押 | | 用途 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 持股份 | | 为限 | | 起始 | 到期 | 质权人 | | | | 东及其一 | | | 比例 | | 售股 | | 日 | 日 | | | | | 致行动人 | | | | 比例 | | 押 | | | | | | 启龙贸易 | | 是 | 3,00 ...

Core Viewpoint - Xianglu Tungsten Industry (002842) emphasizes that tungsten is a rare metal and an important strategic material widely used across various sectors of the national economy [1] Supply and Demand Analysis - Most tungsten projects in China are expected to commence production in three years, while the progress of new tungsten concentrate projects globally is slow [1] - It is anticipated that the increase in raw material supply will be limited by 2025, with a long-term upward trend in supply expected [1] - The tungsten market is projected to remain tight in 2025, supported by rigid growth in raw material costs, indicating that the market will maintain a relatively high operating status [1]

证券代码：002842 证券简称：翔鹭钨业 广东翔鹭钨业股份有限公司 答:尊敬的投资者，您好！截至年报披露之日，光伏用钨丝方面， 潮州凤泉湖厂区已具备月产 5 亿米的生产能力，公司正在全力推进 年产 300 亿米超细钨丝的建设项目。更多详细情况请您关注公司在 巨潮网（www.cninfo.com.cn）披露的定期报告，以公司信息披露为 准。感谢您的关注！ 4.公司本期盈利水平如何？ 答:尊敬的投资者，您好！公司一季度经营情况请您关注公司在 巨潮网（www.cninfo.com.cn）披露的定期报告，以公司信息披露为 准。感谢您的关注！ 5.公司之后的盈利有什么增长点？ 答:（1）硬质合金方面，从2024年第四季度起，国家开始启动 各项大工程基建项目，公司硬质合金全年产量和销量均出现一定幅 度的提升； （2）超细钨合金丝项目助力公司在新能源赛道布局， 新增公司盈利点。 投资者关系活动记录表 编号：2025 -001 | 投资者关系活动类别 | ☐特定对象调研 ☐分析师会议 | | --- | --- | | | ☐媒体采访 业绩说明会 | | | ☐新闻发布会 ☐路演活动 | | | ☐现场参观 | | | ...

056 股票代码：002842 股票简称：翔鹭钨业 公告编号：2025- 广东翔鹭钨业股份有限公司 2024 年度股东大会决议公告 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.本次股东大会无否决提案或修改提案的情况； 2.本次股东大会不涉及变更以往股东大会决议的情况。 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 5 月 20 日（星期二）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 5 月 20 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 5 月 20 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：本次股东大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：2 ...

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 2024 年度股东大会的法律意见书 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"）2024年度股东大会（以下简称"本次 股东大会"）进行见证，并就本次股东大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年第三次临时会议决议公告》《广东翔鹭钨业股份有限公司第五届监事 会第六次会议决议公告》《广东翔鹭钨业股份有限公司关于召开2024年度股东大 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、见证了本次股东大会的召开，并参与了本次股东大会议 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 股票代码：002842股票简称：翔鹭钨业 公告编号：2025-055 广东翔鹭钨业股份有限公司 关于举行2024年度网上业绩说明会的公告 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。 重要内容提示： ● 会议召开时间：2025年05月22日（星期四）15:30-16:30 ● 会议召开方式：网络互动方式 ● 会议召开地点：价值在线（www.ir-online.cn） ● 会议问题征集：投资者可于2025年05月22日前访问网址 https://eseb.cn/1ooG5dmK79C或使用微信扫描 下方小程序码进行会前提问，公司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的 问题进行回答。 ■ 广东翔鹭钨业股份有限公司（以下简称"公司"）已于2025年4月29日在巨潮资讯网 （www.cninfo.com.cn）披露了《2024年年度报告》及《2024年年度报告摘要》。为便于广大投资者进 一步了解公司2024年度经营情况，公司拟于2025年5月22日（星期四）下午15:30-16:30在"价值在 ...