Mei Ri Jing Ji Xin Wen·2026-02-27 03:27Group 1 - The core viewpoint of the articles highlights the significant increase in tungsten prices, leading to price adjustments by hard alloy manufacturers such as Newray and Huarui Precision due to rising production costs and supply shortages [2][4][6] - Newray announced a price adjustment for its hard alloy products effective February 27, 2026, citing continuous increases in raw material prices since 2025 [2][4] - Huarui Precision has issued multiple price increase notices in the past three months, indicating that existing prices can no longer cover the rising costs of raw materials [4][6] Group 2 - Tungsten prices have surged by 470% since early 2025, with tungsten powder reaching 1800 RMB/kg by February 25, 2026, compared to 316 RMB/kg in early 2025 [6] - The increase in tungsten prices has directly impacted the cost of cutting tools, prompting Huarui Precision to implement price hikes despite efforts to optimize internal processes [6][8] - Both Huarui Precision and Newray reported significant revenue and profit growth in 2025, with Huarui achieving a revenue of 1.014 billion RMB (up 33.65%) and a net profit of 187 million RMB (up 74.61%), while Newray reported a revenue of 1.789 billion RMB (up 32.11%) and a net profit of 165 million RMB (up 22.68%) [8]