Tungsten product prices have doubled this year, 3 stocks have attracted institutional research

The price of tungsten products has doubled in 2023 and has rapidly increased again since October. The price of black tungsten concentrate is 288,000 yuan/ton, APT is 425,000 yuan/ton, and tungsten powder is 635 yuan/gram. Compared to the beginning of the year, the prices of black tungsten concentrate, APT, and tungsten powder have increased by 101.4%, 101.42%, and 100.95%, respectively. In the A-share market, tungsten production-related stocks have performed well, with Zhongtung High-tech, Xiamen Tungsten, and ZY-Tungsten receiving institutional attention, with the number of research firms being 366, 104, and 69, respectively

The small metals sector continues to be active, with tungsten leading the gains

The small metals sector continues to be active, with tungsten leading the rise. CHINATUNGSTEN HIGHTECH has hit the daily limit, while XTC, Xianglu Tungsten, and ZY-Tungsten have also risen

In half a day, the main funds increased their positions in the telecommunications sector and sold off the power equipment sector

In the morning, the main funds had a net inflow in sectors such as telecommunications, non-ferrous metals, and public utilities, while there was a net outflow in power equipment and media sectors. Specifically, in terms of individual stocks, Eoptolink, XTC, and Dahua Technology saw net inflows of 2.522 billion yuan, 1.512 billion yuan, and 1.204 billion yuan, respectively. On the outflow side, Sanhua Intelligent Controls, CATL, and Sungrow Power were sold off with net outflows of 1.323 billion yuan, 1.208 billion yuan, and 1.156 billion yuan, respectively. (Yicai)

The rare earth permanent magnet sector is experiencing strong fluctuations, with Xiamen Tungsten rising to the limit, followed by gains in Sanchuan Wisdom, CNRE, NCS, JLMAG, and NEWLIFE

XTC released its performance for the first three quarters, with a net profit attributable to the parent company of 1.782 billion yuan, a year-on-year increase of 27.05%

According to the Zhitong Finance APP, Xiamen Tungsten Industry disclosed its third-quarter report for 2025. The company achieved a revenue of 32.001 billion yuan in the first three quarters, a year-on-year increase of 21.36%; the net profit attributable to shareholders was 1.782 billion yuan, a year-on-year increase of 27.05%; the net profit excluding non-recurring gains and losses was 1.715 billion yuan, a year-on-year increase of 39.63%; the basic earnings per share were 1.1223 yuan