ZY-Tungsten(002378)2024-11-07 03:52Group 1: Financial Performance - In the first three quarters of 2024, the company achieved an operating income of 2,823.08 million yuan, a year-on-year increase of 32.74% from 2,178.07 million yuan [1] - The net profit attributable to shareholders reached 1,465.80 million yuan, reflecting a year-on-year growth of 33.00% [1] - The operating profit totaled 1,711.26 million yuan, indicating a year-on-year increase of 29.63% [1] Group 2: Inventory and Asset Management - As of the first three quarters of 2024, the company recognized inventory impairment provisions amounting to 7.26 million yuan [1] - Cumulative write-offs of inventory impairment provisions from product sales reached 23.37 million yuan [1] Group 3: Mining Operations - The company is advancing the integration of mining rights and key projects, including the Taoxikeng tungsten mine and Dongfeng exploration rights [2] - The company aims to enhance resource exploration and accelerate deep mining construction to solidify its resource base [2] - The self-sufficiency rate for raw materials is approximately 20%, with the remainder sourced externally [2] Group 4: Market Strategy and Customer Engagement - The company focuses on providing comprehensive processing solutions for key industries such as automotive, aerospace, and energy, enhancing customer loyalty [2] - Sales of coated blades and bars have seen growth, with plans to expand competitive, high-value-added product capacity based on market demand [2]