先导基电(600641.SH)：公司全年产能及销量规模在铋材料市场处于领先地位

Core Viewpoint - The company is optimistic about the long-term development prospects of bismuth materials, with expectations for steady price increases in the medium to long term due to a tight supply and growing demand in emerging applications such as electronics, semiconductors, new energy, and nuclear industries [1] Industry Overview - The global supply of bismuth materials is currently tight, while demand continues to improve [1] - The price of refined bismuth has increased again in December, maintaining a range of 120,000 to 130,000 yuan per ton according to Shanghai Metals Market (SMM) [1] Company Strategy - The company employs a flexible inventory strategy and actively expands production to achieve economies of scale [1] - The company is focused on exploring high-potential downstream customers and building stability in the upstream supply chain to enhance overall profitability in the bismuth business [1] - The company holds a leading position in terms of production capacity and sales in the bismuth materials market [1]