章源钨业(002378) - 章源钨业调研活动信息

Group 1: Company Overview - Changyuan Tungsten Industry Co., Ltd. primarily engages in the mining, selection, and production of tungsten products, including ammonium paratungstate (APT), tungsten oxide, tungsten powder, tungsten carbide powder, thermal spray powder, and hard alloys [1] - The company has established a complete integrated production system from upstream mining and selection to downstream deep processing, making it one of the few manufacturers with a complete tungsten industry chain in China [1] Group 2: Production and Market Position - According to the China Tungsten Industry Association, in 2021, the company ranked second in tungsten powder production and second in carbide powder production, with total product output ranking fifth in the domestic industry [1] - The company’s subsidiary, Ganzhou Aoketai Tool Technology Co., Ltd., focuses on the R&D, production, and sales of hard alloy coated blades and rods, positioning itself as a "cutting expert for difficult-to-machine materials" [2] Group 3: Financial Performance - In the first half of 2022, Ganzhou Aoketai achieved a sales revenue of CNY 99.33 million for coated blades, an increase of 8.81% year-on-year, and CNY 121.50 million for rods, an increase of 45.56% year-on-year [2] Group 4: Future Development and Strategy - The company is committed to utilizing tungsten resources and developing high-performance, high-precision, and high-value-added hard alloys, focusing on resource exploration, mining, smelting, and deep processing [3] - The company plans to enhance geological exploration in existing mining rights areas and gradually integrate mining rights and exploration rights to strengthen resource reserves [3]