人民财讯11月15日电，关于"公司产品是否有调整价格的计划"的问题，丰元股份（002805）11月14日在 投资者电话交流会表示，公司会密切关注行业动态并持续增强核心竞争力，提升自身的差异化竞争优 势，结合下游客户需求反馈、原材料价格波动趋势等多方面因素，与客户开展积极的商务谈判，保障供 需双方的长期共赢。 ...

Production and Capacity Expansion - The company sold 64.86 thousand tons of phosphate-based cathode materials in the first nine months of the year, representing a year-on-year increase of 78.49% [2] - The company plans to cautiously manage its capacity expansion based on market conditions [3] - The company has achieved full self-supply of iron phosphate and currently has no external procurement needs [4] Pricing and Market Demand - The company is actively negotiating with customers for price increases due to strong demand and rising raw material costs [3] - The market demand for the company's products remains robust, with both production and sales performing well [2] New Product Development - New product shipments, including the CN-5 and YN-9 series, are expected to see significant growth compared to last year [3] - The company is committed to continuous innovation and iteration of its products to meet market trends [3] Industry Context and Challenges - The industry association has issued an initiative to maintain healthy and orderly development in the lithium iron phosphate materials sector, as many peers are still operating at a loss [3] - The company is closely monitoring the association's subsequent measures [3] Project Progress and Future Plans - The company is actively advancing the environmental assessment procedures for its Spain project [4] - The company expects to achieve full production at the Huangjiapo phosphate mine by the fourth quarter of this year, with a ramp-up period required before reaching full capacity [4] Fundraising and Investment Projects - The company is in the process of issuing shares to specific investors and is currently responding to inquiries from the Shenzhen Stock Exchange [3] - Some fundraising projects have already commenced with self-raised funds [3]

Core Insights - Three squirrels (300783.SZ) announced a price increase for 35 offline distribution products, with adjustments ranging from 0.2 to 10 yuan, effective November 1 [1][8]. Price Adjustment Details - The price increase is attributed to rising global costs of nut and dried fruit raw materials, packaging, and logistics [2][8]. - The price adjustment will affect popular products including pistachios, almonds, mango slices, sunflower seeds, and various nut gift boxes [8]. - Orders placed between October 25 and October 31 will be settled at the original prices to provide partners with a buffer period [3][8]. Financial Performance - For the first three quarters of 2025, the company reported revenue of 7.759 billion yuan, an increase of 8.22% year-on-year, while net profit decreased by 52.91% to 161 million yuan [8]. - The operating cash flow was negative at -506 million yuan, compared to a positive 31.8 million yuan in the same period last year [8]. - Government subsidies accounted for over 60% of the net profit, totaling 98.82 million yuan [8]. Market Reaction - As of the latest close, the stock price of Three Squirrels was 23.19 yuan per share, down 0.56%, with a total market capitalization of 9.3 billion yuan, reflecting a decline of over 36% year-to-date [8].

Core Viewpoint - Chow Tai Fook plans to increase retail prices of most gold products by 12%-18% by the end of October due to the continuous rise in gold prices impacting costs [1] Group 1 - The price adjustment is a response to the ongoing fluctuations in gold prices [1] - Chow Tai Fook has established a mechanism to closely monitor gold price changes and will make timely price adjustments accordingly [1]

Core Insights - The local tea drink brand Kawan Kawa has raised prices on several popular beverages by 1 to 2 yuan, with specific examples including "Hand-Peeled Orange" increasing from 18 yuan to 20 yuan and "Black Full Set Milk Tea" from 16 yuan to 17 yuan [1][2] - The price adjustments are attributed to rising raw material costs and the need to maintain product quality, particularly due to the off-season procurement of oranges for the "Hand-Peeled Orange" drink [2][3] - Kawan Kawa has a history of price increases, with the "Hand-Peeled Orange" drink originally priced at 16 yuan in 2022 and increasing to 20 yuan in 2023, indicating a trend of rising costs over time [2] Company Overview - Kawan Kawa is a well-known tea drink brand in Anhui, established in 2008, and operates on a direct sales model without franchise options [3] - As of September 16, Kawan Kawa has 330 stores, all located in Anhui, with an average consumer spending of 17.53 yuan [3]

Core Viewpoint - Huarui Precision (688059.SH) experienced a significant stock price increase, reaching a new high since April 2023, attributed to a price adjustment announcement for its CNC tool products due to rising production costs from raw material price hikes and supply shortages [1] Company Summary - Huarui Precision's stock price rose over 6% during trading, reaching 75.2 yuan, marking a new high since April 2023 [1] - The company announced a price increase of over 15% for its CNC tool series products, effective from September 1, 2025, in response to significant increases in production costs due to market supply fluctuations and imbalances [1] Industry Summary - The hard alloy raw materials have been experiencing substantial price increases and supply tightness, impacting the overall production costs within the industry [1] - The decision to raise prices is aimed at maintaining normal production and operational stability while ensuring product quality [1]

Core Viewpoint - Morgan Stanley reports that Lao Pu Gold (06181) will increase product prices by 5%-12.5% on August 25, with most products seeing a price increase of approximately 12% [1] Group 1: Financial Impact - The price adjustment is expected to raise the group's gross margin from 38.1% in the first half of 2025 to 44.7%, surpassing the market's general expectation of 39.5% for the second half of the year [1] - Morgan Stanley maintains a "Market Perform" rating and a target price of HKD 925 for the stock [1] Group 2: Key Factors to Monitor - Key factors to watch include demand elasticity, gold price trends, and promotional efforts by Lao Pu and shopping malls [1] - Due to a high competitive base and a strategy to slow down store expansion in the Chinese market in 2026, growth for the group is expected to gradually normalize starting from the second half of this year [1]

Core Viewpoint - The company, Zhangyuan Tungsten, is adjusting the prices of its hard-facing materials due to a significant increase in tungsten raw material costs, which has led to a substantial rise in production costs [1] Group 1 - The price adjustment for hard-facing materials will take effect from May 20, 2025 [1] - All products will be executed at the new prices starting from the adjustment date [1]

Core Viewpoint - Apple is considering increasing iPhone prices but will not attribute the price hike to tariffs [1] Group 1 - Apple is evaluating the potential for raising the prices of its iPhone products [1] - The company has indicated that any price increase will not be linked to tariff impacts [1]

Financial Performance - In 2024, the company achieved a revenue of 419 million CNY, with a net profit of 55.97 million CNY [2] - In Q1 2025, the revenue was 116 million CNY, and the net profit reached 16.19 million CNY [3] - Revenue in 2024 decreased by 3.66% compared to the previous year, primarily due to a reduction in product sales prices, despite a 30% increase in total sales volume [3] - In Q1 2025, revenue increased by 12.43% year-on-year, with sales volume across major product categories rising by over 30% [3] Product Performance - Sales of specialty engineering plastics remained stable, while sales of photoinitiators increased by nearly 30% [3] - Cosmetic raw material sales doubled, and sales of agricultural and pharmaceutical intermediates increased by over 40% [3] - DFBP sales volume in Q1 2025 increased by approximately 30% compared to the same period last year [5] Market Outlook and Strategy - The company plans to enhance market expansion efforts and improve capacity utilization [7] - The HAP product is primarily used in high-end skincare products, with new brands starting to adopt it [7] - HDO products serve as cosmetic raw materials with good moisture retention and antibacterial properties, targeting the same customer base as HAP [7] - The company aims to explore new growth points in specialty engineering plastics and cosmetic raw materials [7] Cost and Pricing Dynamics - Product prices will be adjusted based on raw material costs and market competition [6] - An increase in capacity utilization is expected to lower fixed costs per unit, leading to a recovery in gross profit margins in Q1 2025 [6]