中钨高新(000657) - 中钨高新2023年2月9日投资者关系活动记录表

Group 1: Company Operations and Market Conditions - The company's various business segments are operating normally, with investment projects and ongoing engineering progressing as planned [1] - The recent rise in tungsten prices is expected to enhance end-user demand and boost sales of products like powders [1] - The demand for cutting tools is showing signs of recovery, driven by increased machine tool orders and domestic consumption growth [2] Group 2: Product Pricing and Cost Sensitivity - Products such as powder products are closely linked to tungsten prices, while deep processing tools are less sensitive to raw material price fluctuations [2] - Pricing strategies will consider raw material costs and market conditions rather than strictly following tungsten price changes [2] Group 3: Production Capacity and Future Plans - The company has a total production capacity of approximately 120 million CNC blades, 10 million tools, and 550-600 million PCB micro-drills [3] - The company is gradually releasing production capacity for a 10 billion meter high-strength tungsten wire project and planning to expand ultra-fine powder capacity [3] - Future strategies include steady capacity expansion and ongoing upgrades to existing production lines to enhance product quality and technical content [3] Group 4: Market Outlook and Strategic Focus - The company maintains a cautiously optimistic view on market trends, with significant opportunities in high-end manufacturing and overseas markets [2] - The focus will be on increasing the proportion of end-user business and enhancing service capabilities to support high-end manufacturing [2]