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002149
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Shanghai Composite
Over the past 12 months, Western Metal Materials Co Ltd has significantly outperformed Shanghai Composite, delivering a return of +164% compared to the Shanghai Composite's +25% growth.
Stocks Performance
002149 vs Shanghai Composite
Performance Gap
002149 vs Shanghai Composite
Performance By Year
002149 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Western Metal Materials Co Ltd
Glance View
In the vast landscape of China’s metallurgical industry, Western Metal Materials Co Ltd has carved out a distinctive niche by focusing on high-performance materials that are crucial to several cutting-edge sectors. Rooted in the nation’s strategic initiatives to bolster aerospace, defense, and high-tech industries, Western Metal is not just a mere player but an essential pillar. The company's core strength lies in its production and innovative development of materials like titanium alloys, superalloys, and composite materials. These products are vital due to their strength-to-weight ratios, corrosion resistance, and endurance under extreme conditions, attributes prized by aerospace manufacturers and the military. By investing in research and development, Western Metal ensures that it remains at the forefront of technological advancements, thus securing long-term relationships with major industry players who require reliable and advanced material solutions. Revenue streams for Western Metal are significantly diversified across several critical sectors. The aerospace industry, seeking to improve fuel efficiency and reduce environmental impact, finds Western Metal’s products indispensable. Defense sectors, on the other hand, rely on their materials for sophisticated weaponry and military equipment, where durability and reliability are non-negotiable. Beyond these primary sectors, the company also channels its materials to the electronics and medical device fields, areas where precision and quality cannot be compromised. As the demand for advanced materials continues to grow globally, Western Metal’s strategic ability to serve and innovate across multiple high-demand verticals makes it a formidable entity in both domestic and international arenas.