OKE(SH:688308) Zhi Tong Cai Jing·2026-01-18 08:26Core Viewpoint - The company expects significant growth in net profit for the year 2025, driven by price increases in raw materials and product upgrades in its core business of hard alloy cutting tools [1] Financial Performance - The company forecasts a net profit attributable to shareholders of between 96 million to 110 million yuan for 2025, representing a year-on-year increase of 67.53% to 91.96% [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 62 million to 75 million yuan, indicating a year-on-year growth of 135.83% to 185.28% [1] Industry Dynamics - In 2025, the prices of key raw materials for hard alloy cutting tools, namely tungsten carbide and cobalt powder, have significantly increased, leading to rapid price hikes in the company's products [1] - As a leading enterprise in the hard alloy cutting tool sector, the company benefits from financial advantages and economies of scale, achieving simultaneous growth in both volume and price [1] Production Capacity - The company's CNC blade project is set to complete product structure upgrades, with a substantial increase in production capacity utilization expected in the second half of 2025 [1] - The production capacity release of the company's CNC tool industrial park is anticipated to exceed initial expectations [1]