东方钽业 20250826 摘要 东方产业 2025 年上半年营收 7.97 亿元，同比增长 35%；归母净利润 1.45 亿元，同比增长 29%，主业净利润增长 50%。二季度环比增长显 著，营收 4.6 亿元，环比增长 36%；归母净利润 8,824 万元，环比增 长 57%；主业净利润环比增长 88%，毛利率提升至 20%。 公司正推进总投资约 20 亿元的项目建设，包括湿法冶金数字化、火法 熔炼和高端制品项目，并积极进行第二次融资。同时，调整销售队伍和 市场规划，布局新产品研发方向，以支持未来发展和收入增长。 定增项目完成后，湿法冶金数字化项目预计新增 3,000 吨湿法产能，火 法熔炼项目新增 960 吨熔炼产能，高端制品项目新增 145 吨制品产能， 分别用于碳粉、氧化铌、高温合金、超导和半导体碳化硅领域。 二季度业绩增长主要来自光合金和半导体及超导领域，分别贡献约 4,000 万元和 3,000 万元的营收增长。高温合金业务稳定发展，上半年 营业额同比增长一倍，达 200 吨，受益于产能增加。 半导体靶材方面，公司规划第二次募集资金项目完成后达到 100 吨产能， 目前国内外客户正在送样验证。预 ...

Investment Rating - The report does not explicitly state an investment rating for the specialized equipment industry or the specific company being analyzed [1]. Core Insights - The company plans to enhance its research and development of new products and core technologies in the optical materials and components sector, aiming to extend its industrial chain and explore high-performance optical materials applications [18]. - The trend in precision-guided munitions indicates a growing importance of electronic information equipment in modern warfare, with the company positioned as a leader in the domestic market for laser-guided munitions [19][20]. - The major shareholder has announced a plan to increase their stake in the company, signaling confidence in its long-term value and responding to market conditions [21][22]. Summary by Sections 1. Basic Research Information - The research was conducted on February 28, 2025, focusing on the specialized equipment industry, specifically the company Guangdian Co., Ltd. [13]. 2. Detailed Research Institutions - Various financial institutions participated in the research, including Galaxy Fund, Zhongda Junyue, Guojun Asset Management, and Dongfang Securities [14][15]. 3. Research Institution Proportions - The report does not provide specific data on the proportions of research institutions involved [17]. 4. Main Content Information - The company is focusing on enhancing its optical materials and components business through increased R&D and collaboration with leading clients [18]. - The development of precision-guided munitions is highlighted, with the company having established a range of products that are technologically advanced within the domestic market [19][20]. - The major shareholder's plan to increase their stake is aimed at boosting market confidence and aligning with state-owned enterprise management directives [21][22]. - The company is currently in the review phase for its private placement project, indicating ongoing efforts to secure funding for future growth [25].