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SHE:000657

8 stories mentioning SHE:000657Updated 30d ago

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Asia

China Tungsten and Hightech Materials H1 Profit Jumps 281%; Shares Down 3%

China Tungsten And Hightech Materials (SHE:000657) posted first-half attributable net profit of 2.08 billion yuan, up 281% from 545.6 million yuan the previous year.Earnings per share climbed to 0.9112 yuan from 0.2502 yuan, according to a weekend filing with the Shenzhen bourse.Operating revenue rose 109% year over year to 16.4 billion yuan from 7.86 billion yuan.Shares of the nonferrous metals company were down 3% in recent trade.

SHE:000657
Asia

China Tungsten and Hightech Materials to Build AI Micro Tools Plant for 190 Million Yuan; Shares Down 3%

China Tungsten and Hightech Materials (SHE:000657), through its subsidiary Shenzhen Jinzhou Precision Technology, will construct a 190 million yuan plant that will produce high-precision micro tools for artificial intelligence or AI printed circuit boards, according to a Monday disclosure on the Shenzhen bourse.The nonferrous metals company's shares fell 3% during the morning trade.The plant will produce 140 million high-precision micro tools for AI PCBs.

SHE:000657
Asia

China Tungsten and Hightech Materials to Expand Capacity of Micro-Tool Manufacturing Facility; Shares Slipped 3%

China Tungsten and Hightech Materials (SHE:000657) subsidiary Shenzhen Jinzhou Precision Technology will invest 147 million yuan for phase 2 of a micro-tool manufacturing base project, according to a Monday filing with the Shenzhen bourse.Jinzhou will invest 112 million yuan of its own funds for its expansion project and will supply the remaining 35 million yuan via bank loans.The expansion will add new annual production capacity of 18 million units for its 131-series products, 28 million units of medium-sized drill bits, and 430 million units of pre-process semi-finished products.Shares at the nonferrous metals company slipped 3% during morning trading on Monday.

SHE:000657
Asia

China Tungsten and Hightech Materials Names CFO; Shares Down 5%

China Tungsten and Hightech Materials (SHE:000657) appointed Cheng Bao as chief financial officer, according to a Wednesday filing on the Shenzhen bourse.Cheng, who served as deputy head of China Minmetals' finance department, will take over from Hu Jiachao, who resigned due to a work reassignment.The nonferrous metal trader's shares slumped 5% during the morning trade.

SHE:000657
Asia

China Tungsten Forecasts Up to 298% Surge in H1 Profit on Robust Prices

China Tungsten and Hightech Materials (SHE:000657) forecasts a 261% to 298% surge in its net attributable profit to between 1.97 billion yuan and 2.17 billion yuan in the first half from 545.6 million yuan in the year-ago period.The nonferrous metal trader expects earnings per share to grow to between 0.86 yuan and 0.95 yuan from 0.25 yuan a year earlier, according to a Tuesday filing with the Shenzhen bourse.The company attributed the expected rise to higher average prices of tungsten concentrate and increased orders for PCB micro-drills and high-end cutting tools.Shares rose 2% during late-morning trading on Tuesday.

SHE:000657
Asia

China Tungsten and Hightech Materials Appoints Chair; Shares Down 4%

China Tungsten and Hightech Materials (SHE:000657) appointed Shen Huiming as chair, succeeding Li Zhongze, who resigned due to a work transfer, according to a weekend filing with the Shenzhen bourse.Shares of the non-ferrous products manufacturer declined 4% in recent trade.

SHE:000657
Asia

China Tungsten And Hightech Materials' Q1 Profit Surges 264%, Revenue Soars 106%

China Tungsten And Hightech Materials' (SHE:000657) net profit attributable to shareholders in the first quarter surged 264% to 921.1 million yuan from 252.7 million yuan a year earlier, according to a Saturday filing on the Shenzhen bourse.Earnings per share climbed year on year to 0.40 yuan from 0.14 yuan.Operating revenue soared 106% to 7.01 billion yuan from 3.39 billion yuan in the prior year.

SHE:000657
Asia

China Tungsten And Hightech Materials' 2025 Profit Rises 29%, Revenue Climbs 19%

China Tungsten And Hightech Materials' (SHE:000657) net profit attributable to shareholders in 2025 rose 29% to 1.28 billion yuan from 991.2 million yuan a year earlier, according to a Saturday filing on the Shenzhen bourse.Earnings per share increased 22% year on year to 0.58 yuan from 0.48 yuan.Operating revenue climbed 19% to 17.6 billion yuan from 14.8 billion yuan in the prior year.

SHE:000657

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