在保证主营业务发展的前提下，公司通过参与发起设立并购基金，能够借助合作方的资源、投资管理及 运营管理经验，有利于增强公司投资能力，有利于加快公司的战略布局与发展，符合公司发展战略以及 全体股东的利益。基金主要投资领域与公司所处产业具有协同性。 格隆汇11月25日丨厦门钨业(600549.SH)公布,公司全资子公司厦门厦钨投资有限公司拟出资1.95亿元作 为有限合伙人，公司权属公司厦钨嘉泰拟出资175万元作为普通合伙人之一，与另一普通合伙人福建省 创新创业投资管理有限公司，有限合伙人福建省投资开发集团有限责任公司、福建省国资海丝投资有限 公司共同发起设立福创嘉泰益鑫（厦门）并购投资合伙企业（有限合伙），基金管理人为福建省创新创 业投资管理有限公司，基金规模为5亿元。 ...

Core Viewpoint - Xiamen Tungsten Co., Ltd. reported strong financial performance for the first three quarters of 2025, indicating robust growth in revenue and profit metrics [1] Financial Performance - The company achieved a revenue of 32.001 billion yuan, representing a year-on-year increase of 21.36% [1] - The net profit attributable to shareholders reached 1.782 billion yuan, reflecting a year-on-year growth of 27.05% [1] - The net profit excluding non-recurring items was 1.715 billion yuan, showing a significant year-on-year increase of 39.63% [1] - Basic earnings per share stood at 1.1223 yuan [1]

厦门钨业10月24日公告，2025年第三季度实现营业收入128.23亿元，同比增长39.27%；归属于上市公司 股东的净利润8.1亿元，同比增长109.85%。前三季度实现营业收入320.01亿元，同比增长21.36%；归属 于上市公司股东的净利润17.82亿元，同比增长27.05%。 ...

Group 1 - The company announced a cash dividend distribution of 0.184 yuan per share, totaling approximately 292.12 million yuan [1] - The total share capital for the dividend distribution is 1,587,585,826 shares [1] - The A-share equity registration date is set for September 25, 2025, with the ex-dividend date and cash dividend payment date on September 26, 2025 [1] Group 2 - The dividend will be distributed by China Securities Depository and Clearing Corporation Limited, Shanghai Branch, except for certain self-distributing recipients [1] - Different tax policies apply to various types of shareholders, and investors are encouraged to contact the company's secretariat for inquiries [1]

Core Points - The company plans to distribute cash dividends of 1.84 yuan per 10 shares to all shareholders, totaling approximately 292.12 million yuan, which represents 30.05% of the net profit attributable to shareholders for the first half of 2025 [1][2] - The company has approved the cancellation of the supervisory board and the revision of its articles of association, which will be submitted for shareholder approval [3][4] - The company has made several amendments to its articles of association, including the reduction of registered capital due to the repurchase of restricted shares and the adjustment of governance structures in accordance with new regulations [5][6][7] Financial Data - The total number of shares after the repurchase is 1,587,585,826, and the registered capital is adjusted to the same amount [5] - The company has a remaining undistributed profit of approximately 2.07 billion yuan to be carried forward to the next period [1] Governance Changes - The supervisory board will be replaced by the audit committee of the board of directors, which will assume the supervisory responsibilities [4][6] - The company will now allow shareholders with a minimum holding of 1% to propose agenda items, down from the previous 3% requirement [6][7]

Core Viewpoint - The independent directors of Xiamen Tungsten Co., Ltd. held a meeting to review and approve several key proposals related to associated transactions and the use of raised funds for the year 2025 [1][2]. Group 1: Associated Transactions - The meeting approved the proposal to add new associated parties and adjust the expected daily associated transactions for 2025, confirming that these adjustments are necessary for the company's daily operations and do not harm the interests of the company or its shareholders, especially minority shareholders [1]. - A framework agreement for daily associated transactions with the newly added associated parties was also approved, ensuring that pricing policies adhere to fairness and do not harm the interests of the company or non-associated shareholders [2]. Group 2: Fund Management - The meeting reviewed and approved the special report on the storage and actual use of raised funds for the first half of 2025, confirming that the report accurately reflects the situation and complies with relevant laws and regulations, without altering the intended use of the funds [2].

Core Viewpoint - Xiamen Tungsten Industry announced a revenue of 19.178 billion yuan for the first half of 2025, representing a year-on-year increase of 11.75%. However, the net profit decreased by 4.37% to 972 million yuan [1] Financial Performance - The company's revenue for the first half of 2025 reached 19.178 billion yuan, showing a growth of 11.75% compared to the previous year [1] - The net profit for the same period was 972 million yuan, which is a decline of 4.37% year-on-year [1] Dividend Distribution - The company plans to distribute a cash dividend of 1.84 yuan (including tax) for every 10 shares, totaling 292 million yuan (including tax) [1] - This dividend distribution represents 30.05% of the net profit attributable to shareholders in the consolidated financial statements for the first half of 2025 [1]

Core Viewpoint - The company has experienced rapid growth over the past five years primarily driven by energy new materials, and it anticipates that tungsten and rare earth deep processing and applications will be the main growth drivers in the next five years [1][3]. Group 1: Business Strategy and Focus Areas - The company will focus on the application of magnetic materials in new scenarios such as rare earth permanent magnet motors, industrial robots, and humanoid robots, with related products currently under development [4]. - The company plans to transition from a traditional sales model of hard alloy cutting tools to providing comprehensive solutions and services, potentially through mergers and acquisitions to accelerate business growth [4]. - The company aims to enhance its resource assurance rate from the current 20% to 70% in the future [5]. Group 2: Technological Development and Market Position - In the energy new materials sector, the company will focus on solid-state battery technology and hydrogen energy technologies, having already developed lithium sulfide technology [5]. - The company recognizes the importance of recycling in all its industries, as they involve rare strategic metals [5]. - The company has strategically positioned itself to minimize impacts from current international trade challenges, with an export revenue of approximately 5.4 billion yuan, accounting for 16% of its main business income [5]. Group 3: International Expansion and Investment - The company has invested in an 800-ton hard alloy bar project in Thailand, aimed at the U.S. and ASEAN markets, with a total investment of about 190 million yuan and an average return on investment exceeding 20% [5]. - The company is currently advancing the construction of a second phase project in Thailand, having acquired 130 acres of land to expand hard alloy production and develop tungsten powder, tungsten carbide, CNC blades, and complete tool businesses [6].

Group 1 - The core viewpoint of the announcement is that Xiamen Tungsten Co., Ltd. reported a revenue of 8.376 billion yuan in the first quarter of 2025, reflecting a year-on-year growth of 1.29% [1] - The net profit for the same period was 391 million yuan, which represents a year-on-year decline of 8.46% [1]