Core Viewpoint - The company, Meichang Co., Ltd. (300861), reported a significant increase in tungsten powder prices, which has exceeded expectations, and the rising prices of final recovered diamond wire and waste materials are largely offsetting costs [1] Group 1 - The company indicated that the price increase of tungsten powder is unusual and has surpassed initial forecasts [1] - The rising prices of recovered diamond wire and waste materials are effectively mitigating most of the cost increases [1] - The company's procurement strategy remains focused on demand-based purchasing, maintaining a cautious approach while managing inventory to mitigate price volatility risks [1]