Medium tungsten high-tech: no obvious decline in orders will vigorously develop high value-added plates such as blade cutters and cultivate new growth points at the same time.

Published: Nov 23, 2021 11:30

Source: SMM synthesis

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[medium tungsten high-tech: no obvious decline in orders will vigorously develop high value-added sectors such as blades and knives and cultivate new growth points] recently, in the record table of China Tungsten High-tech investor relations activities, according to the company's "fourth-quarter performance and development strategy", according to the company's "fourth-quarter performance and development strategy", there is no significant decline in current orders-on-hand, some products have declined month-on-month, but the overall change is not significant. There is no significant change in the product orders of Jinzhou Company and Zhujiang Diamond Company. With the development of Synchronize in various business sectors of the company this year, the import substitution of blade tools has developed rapidly, and gradually cut into the high-end field.

Recently, according to the company's "fourth quarter performance and development strategy" in the record sheet of China Tungsten High-tech Investor Relations activities, it said: from the point of view of current orders-on-hand, there is no significant decline, and some products have declined compared with the previous month, but the overall change is not significant. There is no significant change in the product orders of Jinzhou Company and Zhujiang Diamond Company. With the development of Synchronize in various business sectors of the company this year, the import substitution of blade tools has developed rapidly, and gradually cut into the high-end field.

The company will continue to focus on the main business, optimize and adjust the product structure, vigorously develop high value-added sectors such as blade cutters, increase its revenue share, and cultivate new growth points at the same time. The company's strategic planning goal is to create a world-class tungsten industry group with global competitiveness.

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