Xin Lang Zheng Quan·2025-09-18 09:54Group 1 - The company conducted an investor relations activity on September 17, 2025, with three institutions participating, including Everbright Securities, Xingzheng Global Fund, and Guosheng Securities [1] - The company has established an integrated production system covering the entire tungsten industry chain, including exploration, mining, smelting, powder production, and deep processing [1] - The company reported an increase in production for tungsten concentrate, tin concentrate, and copper concentrate in the first half of 2025, with tungsten concentrate production reaching 1,849.93 tons, a year-on-year increase of 3.24% [2] Group 2 - The company achieved a sales volume of 2,657.83 tons for tungsten powder in the first half of 2025, representing a year-on-year increase of 43.68% [3] - The subsidiary, Ganzhou Aoketai, reported a revenue of 353.53 million yuan in the first half of 2025, a year-on-year growth of 15.36%, with hard alloy tool sales contributing 189.27 million yuan, up 22.6% [3] - The company is focusing on establishing long-term partnerships with quality suppliers for tungsten raw materials, while also facing challenges from price fluctuations in externally sourced raw materials [2]