章源钨业(002378) - 章源钨业投资者关系管理信息

Group 1: Mining Operations - In the first half of 2024, the company produced 1,791.88 tons of tungsten concentrate (65% grade), a decrease of 3.95% year-on-year; tin metal production was 414.86 tons, an increase of 6.28% year-on-year [2] - The company completed resource verification and reporting for the Taoxi Pit tungsten mine and Dongfeng exploration rights, preparing for submission to relevant departments for review [2] - New exploration rights were added in the first half of 2024, including Gaosha and Tanjiaoli, which will facilitate resource integration in surrounding areas [3] Group 2: Production Costs and Raw Material Supply - The company's raw material self-sufficiency rate is approximately 20%, with the remainder sourced externally; strict supplier management is in place to ensure stable supply [3] - The mining production costs vary based on ore grade, mining depth, and management levels, with total mining quotas regulated by the state [3] Group 3: Sales Performance - In the first half of 2024, tungsten powder sales decreased by 16.34% to 1,849.82 tons, while tungsten carbide powder sales fell by 4.80% to 2,494.79 tons; thermal spray powder sales decreased by 9.24% to 226.98 tons [3] - The company’s hard alloy sales increased, with main plant sales reaching 618.23 tons, a growth of 20.12% year-on-year; sales of coated blades from Ganzhou Aoketai reached 11.66 million pieces, up 23.36% [3] Group 4: Business Model and Strategy - The company employs different sales models for various products, utilizing direct sales for powder products and a combination of direct and distribution sales for deep-processed products [4] - Ganzhou Aoketai achieved revenue of 30,646.50 million yuan in the first half of 2024, a year-on-year increase of 27.33%, with significant growth in sales of coated blades and bars [4] Group 5: Future Development Plans - The company aims to enhance the utilization and development of tungsten resources, focusing on high-performance, high-precision, and high-value-added hard alloys [4] - Plans include digital transformation of production workshops and the establishment of a sustainable development system to promote green and high-quality growth [4]