中钨高新(000657) - 中钨高新2025年9月5日投资者关系活动记录表

Group 1: Company Overview and Strategy - Zhongtung High-tech Materials Co., Ltd. is a platform for tungsten industry management under China Minmetals, integrating mining, smelting, and deep processing [2] - The company will actively seize opportunities from the Hainan Free Trade Port policies to enhance its tungsten industry and improve the quality of the listed company [3] Group 2: Market Conditions and Impact on Profit - Tungsten prices are currently high due to supply-demand dynamics, influenced by national mining quotas, stricter environmental regulations, and declining resource grades [3] - The high tungsten prices are beneficial for the company's performance, as it owns quality mining enterprises that directly benefit from rising tungsten and associated metal prices [3] Group 3: Future Plans and Acquisitions - The company plans to actively pursue the acquisition of assets from four other mines to minimize related transactions and eliminate industry competition, thereby enhancing profitability [3]