股票代码：601600 股票简称：中国铝业 公告编号：临2025-015 中国铝业股份有限公司 关于2024年度利润分配方案的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 一、利润分配方案内容 经安永华明会计师事务所（特殊普通合伙）及安永会计师事务所审计，公司 2024年度母公司财务报表净利润为人民币4,935,803千元，合并财务报表归属于上 市公司股东的净利润为人民币12,400,160千元。 根据《中国铝业股份有限公司章程》（以下简称"《公司章程》"）的有关规 定，公司拟按照2024年度母公司财务报表净利润的10%提取法定盈余公积金人民币 493,580千元（含2024年中期已预提法定盈余公积金人民币334,666千元），并拟按 1 中国铝业股份有限公司（以下简称"公司"）2024年度拟每股派发现金红利人民 币0.217元（含税），其中：2024年中期已派发现金红利每股人民币0.082元（含 税），2024年末期拟派发现金红利每股人民币0.135元（含税）。 公司已于2024年12月27日完 ...

Dividend Distribution - The company plans to distribute a cash dividend of CNY 0.082 per share for the 2024 interim dividend, totaling approximately CNY 1.407 billion[4]. - For the 2024 annual dividend, the company intends to distribute a total of approximately CNY 3.723 billion, which represents 30.02% of the net profit attributable to shareholders[5]. - The proposed cash dividend for the year-end distribution is CNY 0.135 per share, amounting to approximately CNY 2.316 billion, after deducting the interim dividend[5]. Financial Performance - The company's operating revenue for 2024 reached CNY 237,065,629, representing a 5.21% increase compared to CNY 225,319,044 in 2023[24]. - Net profit attributable to shareholders for 2024 was CNY 12,400,160, an 85.38% increase from CNY 6,689,067 in 2023[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 11,979,301, up 81.12% from CNY 6,614,183 in 2023[24]. - The net cash flow from operating activities for 2024 was CNY 32,807,186, a 21.37% increase from CNY 27,030,025 in 2023[24]. - The total assets at the end of 2024 were CNY 215,895,530, reflecting a 1.89% increase from CNY 211,896,104 at the end of 2023[24]. - The net assets attributable to shareholders at the end of 2024 were CNY 69,191,321, a 14.18% increase from CNY 60,598,030 at the end of 2023[24]. Production and Capacity - The company produced 1,687,000 tons of metallurgical-grade alumina in 2024, a 1.20% increase from 1,667,000 tons in 2023[32]. - The production of primary aluminum (including alloys) reached 761,000 tons in 2024, marking a 12.08% increase from 679,000 tons in 2023[32]. - The company imported approximately 159 million tons of bauxite in 2024, a 12.3% increase year-on-year[35]. - By the end of 2024, China's alumina production capacity was 10.435 million tons/year, a year-on-year increase of 600,000 tons/year, while the total alumina production was 8.581 million tons, up 4.3% year-on-year[39]. - China's electrolytic aluminum production capacity reached 44.62 million tons/year by the end of 2024, an increase of 190,000 tons/year, with a running capacity of 43.61 million tons/year, up 1.52 million tons/year[42]. Market Outlook and Strategy - The company plans to continue expanding its market presence and investing in new technologies to enhance production efficiency[24]. - The company is focusing on the development of new products to meet increasing market demand and improve profitability[24]. - Future guidance indicates a positive outlook for revenue growth driven by increased production capacity and market expansion efforts[24]. - The company is exploring potential mergers and acquisitions to strengthen its competitive position in the industry[24]. - The company aims to enhance its core competitiveness by focusing on technological innovation, green low-carbon initiatives, and digital empowerment as part of its strategic development plan[141]. Research and Development - The company has established a comprehensive technology innovation system, with 13 national-level research platforms and 51 provincial-level platforms, enhancing its technological leadership in the aluminum industry[64]. - In 2024, the company's R&D expenses amounted to 3.064 billion RMB, a decrease of 17.83% from 3.729 billion RMB in the same period last year[72]. - A total of 519 new patents were authorized in 2024, keeping the company at the forefront of the industry[48]. Risk Management and Governance - The company has established a comprehensive risk management framework to mitigate various trading risks associated with derivatives[133]. - The company’s risk management and internal control systems are designed to manage risks rather than eliminate them, providing reasonable assurance of achieving business objectives[182]. - The company conducted two annual reviews of its risk management and internal control systems, with no significant deficiencies reported in financial and non-financial reporting controls[185]. Corporate Governance - The company has established a governance structure that complies with relevant laws and regulations, ensuring the protection of shareholder rights[159]. - The management team ensured the achievement of operational goals and smooth business development, contributing to positive performance in 2024[171]. - The company emphasizes fair, complete, and timely information disclosure, having received an A-level rating for information disclosure from the Shanghai Stock Exchange for six consecutive years[180]. Environmental and Social Responsibility - The company is committed to high-quality development and aims to become a world-class aluminum company with global competitiveness[57]. - The domestic electrolytic aluminum green energy proportion exceeded 25% in 2024, reflecting the industry's shift towards sustainability[52]. - The company received the "Top 100" and "Top 50 Central Enterprises" awards at the Guoxin Cup ESG Golden Bull Awards, and was included in the CCTV "Pioneer 100" list for Chinese ESG-listed companies in 2024[188].

Core Viewpoint - Northern Copper Industry has seen a significant increase in stock price, with the non-ferrous metal ETF fund (516650) experiencing over 10 million inflows in the past 10 days [1][3]. Group 1: Market Performance - As of March 24, 2025, the CSI Non-ferrous Metal Industry Theme Index (000811) rose by 1.55%, with Northern Copper Industry hitting the daily limit, Jiangxi Copper up by 5.72%, and Baotai Co. up by 5.13% [3]. - The non-ferrous metal ETF fund (516650) increased by 1.50% [3]. - Over the past two weeks, the non-ferrous metal ETF fund has accumulated a rise of 1.53% and a net subscription of 10.6644 million yuan [3]. Group 2: Fund Characteristics - The management fee for the non-ferrous metal ETF fund is 0.50%, and the custody fee is 0.10%, which are the lowest among comparable funds [3]. - The tracking error for the non-ferrous metal ETF fund over the past month is 0.005%, indicating the highest tracking precision among comparable funds [3]. Group 3: Index Composition - As of February 28, 2025, the top ten weighted stocks in the CSI Non-ferrous Metal Industry Theme Index account for 49.57% of the index, including Zijin Mining, China Aluminum, Northern Rare Earth, and others [4].

Group 1 - The annual performance briefing of China Aluminum is scheduled for April 2, 2025, from 16:45 to 18:00, conducted in both in-person and online formats [1] - Key attendees of the briefing include the acting chairman and general manager He Wenjian, financial director and board secretary Ge Xiaolei, and independent non-executive director Chen Yuanxiu, along with heads of various business departments [1]

股票代码：601600 股票简称：中国铝业 公告编号：临 2025-011 中国铝业股份有限公司 关于召开 2024 年度业绩暨现金分红说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 财务总监兼董事会秘书：葛小雷先生 一、说明会类型 中国铝业股份有限公司（以下简称"公司"）将于 2025 年 3 月 26 日在上海证 券交易所网站（www.sse.com.cn）和《上海证券报》《证券日报》披露《中国铝业 股份有限公司 2024 年年度报告》及《中国铝业股份有限公司关于 2024 年度利润分 配方案的公告》。 为方便广大投资者更加全面深入地了解公司 2024 年度业绩、生产经营情况、利 润分配方案及未来发展战略，公司定于 2025 年 4 月 2 日（星期三）16：30-18:00 在 上海市浦东新区长清北路 53 号中铝大厦南楼会议室以"现场+网络电话会议"方式 召开 2024 年度业绩暨现金分红说明会，对公司 2024 年度的经营业绩、生产经营情 况、利润分配方案及未来发展战略等情况与广大 ...

Q&A 中国铝业 20250319 摘要 中国铝业在产业链布局方面的优势和现状如何？ 中国铝业在铝产业链上的布局非常完善，涵盖了从铝土矿、氧化铝到电解铝的 完整产业链。公司拥有 3,000 万吨的铝土矿资源，2000 多万吨的氧化铝产能， 以及 3.2GW 的自有电力。此外，公司在宁夏拥有四个煤矿，每年产量约 1,300 万吨。2024 年，中国铝业旗下包头铝业和青海分公司逐步投产，使得上市公司 体内的电解铝产能达到 773 万吨左右，并参股广西华磊 40 万吨电解铝项目，总 权益产能超过 430 万吨。2025 年 3 月，公司公告将包头铝业旗下华银三期股权 • 中国铝业电解铝总权益产能约 773 万吨，受益于包头铝业和青海分公司投 产，并参股广西华磊项目，权益产能超 430 万吨。2025 年预计新增 8 万吨 权益产能，电解铝业务是公司核心增长点。 • 公司氧化铝名义总产能 2,226 万吨，但部分停滞，氧化铝自给率超 60%， 受氧化锌价格下跌影响较小。电解铅总产能 773 吨，2025 年将通过收购增 加 8 吨，氧化铝业务利润贡献或将减少。 • 能源板块以宁夏煤炭（年产约 1,300 万吨）和发电 ...

中 國 • 北 京 2025年3月14日 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 中國鋁業股份有限公司 葛小雷 联席公司秘書 董事會召開日期 中 國 鋁 業 股 份 有 限 公 司（「本公司」）董 事 會（「董事會」）謹 此 宣 佈 本 公 司 將 於2025年3月26日（星 期 三）召 開 董 事 會 會 議，藉 以（其 中 包 括）審 議 及 批 准 本公司及其附屬公司截至2024年12月31日止之年度業績及考慮派發末 期 股 息（如 有）之 建 議。 承董事會命 於 本 公 告 刊 發 日 期，董 事 會 成 員 包 括 執 行 董 事 何 文 建 先 生、毛 世 清 先 生 及 蔣 濤 先 生，非 執 行 董 事 李 謝 華 先 生 及 陳 鵬 君 先 生，獨 立 非 執 行 董 事 邱 冠 周 先 生、余 勁 松 先 生 及 陳 遠 秀 女 士。 * 僅供識別 ...

Investment Rating - The industry investment rating is "Outperform the Market" [2][5] Core Viewpoints - The profitability of the electrolytic aluminum industry has significantly improved, with the average profit reaching 3,354.51 CNY/ton as of March 10, 2025, driven by a 5% increase in electrolytic aluminum prices and a 40% decrease in alumina prices [5] - The theoretical operating capacity of the electrolytic aluminum industry is at a high level of 43.6 million tons, with an operating rate of 96.5%, indicating limited room for further increases in production [5] - Demand for electrolytic aluminum is expected to rise in 2025, with a projected consumption of approximately 4.247 million tons, reflecting a recovery from the previous year's decline [5] - The price of alumina is anticipated to continue declining, which may further enhance the profitability of aluminum enterprises [5] - Investment recommendations include maintaining attention on the electrolytic aluminum industry, with specific stock picks such as Shenhuo Co., Yun Aluminum, China Hongqiao, and Tianshan Aluminum [5] Summary by Sections Market Performance - The report indicates a market performance trend for the non-ferrous metals sector, showing fluctuations in comparison to the CSI 300 index [3] Industry Demand and Supply - The electrolytic aluminum demand is projected to improve in 2025, with a recovery in sectors such as real estate and transportation [5] - The alumina production capacity is expected to increase significantly in 2025, potentially lowering costs for electrolytic aluminum production [5] Profitability and Cost Trends - The report highlights a notable improvement in profitability due to declining costs and favorable price movements in the electrolytic aluminum market [5]

公司名稱: 中國鋁業股份有限公司 呈交日期: 2025年3月6日 I. 法定/註冊股本變動 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 | 1. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 601600 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 13,211,666,110 | RMB | | 1 RMB | | 13,211,666,110 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 13,211,666,110 | RMB | | 1 RMB | | 13,211,666,110 | | 2. 股份分類 | 普通股 | 股份類 ...

重要内容提示： 股票代码：601600 股票简称：中国铝业 公告编号：临 2025-010 中国铝业股份有限公司 关于召开 2025 年第二次临时股东会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、召开会议的基本情况 召开的日期时间：2025 年 4 月 24 日 下午 2 点 召开地点：中国北京市海淀区西直门北大街 62 号中国铝业股份有限公司总部 办公楼会议室 （五）网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2025 年 4 月 24 日 至 2025 年 4 月 24 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 股东会召开日期：2025年4月24日 本次股东会采用的网络投票系统：上海证券交易所股东大会网络投票系统 （一）股东会类型和届次：2025 ...