招银国际首次覆盖创新实业并予"买入"评级，目标价为32港元。该行表示，目前公司的电力成本已处于 低位，而持续投产的风电及太阳能自备电源，将于2026至2027年进一步降低生产成本。增长方面，公司 在沙特阿拉伯的铝产能建设项目获得当地公共投资基金(PIF)的新一轮投资，为项目执行提供信心保 障。行业整体而言，该行相信供应紧张将为铝价提供强劲支持；估计铝价每上升1%，可提升公司2026 年盈利约2.5%。同时，公司有机会在今年3月获纳入沪深港通，将进一步拓宽其投资者基础。 ...

智通财经2月5日讯（编辑 童古） 以下为各家机构对港股的最新评级和目标价： 光大证券：维持百度集团-SW买入评级 光大证券就百度集团-SW(09888.HK)发布研报称，广告业务短期承压但趋于企稳，AI云全年高增逻辑不 变；昆仑芯分拆上市计划提升战略协同价值，萝卜快跑出海落地验证商业化路径；Non-GAAP利润受益 于Q3一次性减值后的折旧摊销减少，基本面修复可期，维持买入评级。 招商证券(香港)：维持中国宏桥买入评级 上调目标价至45港元 招商证券(香港)就中国宏桥(01378.HK)发布研报称，全球铝供需缺口将持续至2026–27年，主因中国产 能接近政策上限（99%利用率）及海外新增产能有限；上调2026–27年铝均价预测，带动公司盈利上修 27%/12%，目标价由39港元上调至45港元，对应11倍2026年PE，反映供给约束驱动的上行周期。 招商证券(香港)：首予创新实业买入评级 目标价32港元 招商证券(香港)就创新实业(02788.HK)发布研报称，公司凭借内蒙古高自供绿电（87%）、低成本风电 光伏替代（目标电价＜0.2元/kWh）构筑显著成本优势，叠加与沙特PIF合作推进50万吨海外铝项目，成 ...

成本方面，公司当前已具备电力成本优势，而2026-27年陆续投运的风电与光伏自备电源将进一步降低 生产成本。增长方面，创新实业在目前通过合资公司在沙特新建电解铝产能，公司获得了沙特公共投资 基金的新一轮投资后，相信项目执行进度将有所保障。行业层面，该行认为电解铝供应紧缺将为铝价提 供强劲支撑。该行测算，电解铝价格每上涨1%，创新实业2026年盈利将随之增加2.5%。 智通财经APP获悉，招银国际发布研报称，首次覆盖创新实业(02788)并给予"买入"评级，目标价32港 元。该行认为创新实业有望于今年3月被纳入港股通，这将进一步拓宽其投资者基础。 ...

成本方面，公司当前已具备电力成本优势，而2026-27年陆续投运的风电与光伏自备电源将进一步降低 生产成本。增长方面，创新实业在目前通过合资公司在沙特新建电解铝产能，公司获得了沙特公共投资 基金的新一轮投资后，相信项目执行进度将有所保障。行业层面，该行认为电解铝供应紧缺将为铝价提 供强劲支撑。该行测算，电解铝价格每上涨1%，创新实业2026年盈利将随之增加2.5%。 招银国际发布研报称，首次覆盖创新实业(02788)并给予"买入"评级，目标价32港元。该行认为创新实 业有望于今年3月被纳入港股通，这将进一步拓宽其投资者基础。 ...

February 4, 2026 Dear non-registered shareholder(s), Arrangement of Electronic Dissemination of Corporate Communications Pursuant to Rule 2.07A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited under the expansion of paperless listing regime and electronic dissemination of corporate communications that came into effect on December 31, 2023, Chuangxin Industries Holdings Limited (the "Company") is writing to inform you that the Company has adopted the arrangement of ...

Dear registered shareholder(s), February 4, 2026 Arrangement of Electronic Dissemination of Corporate Communications Pursuant to Rule 2.07A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited under the expansion of paperless listing regime and electronic dissemination of corporate communications that came into effect on December 31, 2023, Chuangxin Industries Holdings Limited (the "Company") is writing to inform you that the Company has adopted the arrangement of elec ...

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: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 創新實業集團有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02788 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | USD | | 0.000005 USD | | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | | | | 本月底結存 | | | 10,000,000,000 | USD | | 0.000005 USD | | | 50,000 | 本月底法定/ ...

Investment Rating - The report initiates coverage of Chuangxin Industries with a BUY rating and a target price (TP) of HK$32, representing a 28% upside from the current price of HK$25 [3][8]. Core Insights - Chuangxin Industries presents a unique growth opportunity in the aluminium sector, driven by capacity expansion in Saudi Arabia and a significant cost advantage due to low green energy costs in China [1]. - The ongoing development of wind and solar power sources is expected to further reduce electricity costs by 2026-2027, enhancing profitability [1]. - The tight supply in the aluminium market is anticipated to support higher aluminium prices, with a 1% increase in aluminium prices projected to boost Chuangxin's earnings by 2.5% in 2026 [1]. Financial Summary - Revenue is projected to grow from RMB 13,815 million in FY23A to RMB 20,091 million in FY27E, with a notable increase of 29.1% in FY26E [2]. - Adjusted net profit is expected to rise significantly from RMB 1,003.6 million in FY23A to RMB 4,819.4 million in FY27E, reflecting strong growth potential [2]. - The earnings per share (EPS) is forecasted to increase from RMB 0.67 in FY23A to RMB 2.32 in FY27E, indicating robust profitability growth [2]. Capacity Expansion - Chuangxin currently operates 788 kt of electrolytic aluminium capacity in China and is expanding with a 500 kt project in Saudi Arabia, expected to be completed by Q2 2027 [7][14][16]. - The company has a high self-sufficiency rate for electricity, with plans to achieve over 50% of its power supply from green energy by 2027, significantly reducing costs [25][34][37]. Cost Structure - The current electricity cost for Chuangxin is RMB 0.33/kWh, lower than the industry average of RMB 0.40/kWh, with expectations to reduce this further to below RMB 0.20/kWh through green energy initiatives [25][37]. - The company’s captive coal-fired power plants provide 100% electricity self-sufficiency for aluminium smelting, enhancing its cost leadership in the sector [24][25]. Market Position - Chuangxin is positioned as a significant player in the aluminium market, being the 12th largest electrolytic aluminium producer in China as of 2024 [7]. - The company has established a strong customer base, with a significant portion of its revenue derived from major clients in the non-ferrous metal processing sector [39][41].

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 铝业股午后走高，截至发稿，中国铝业（02600）上涨12.20%，报15.14港元；南山铝业国际（02610） 上涨8.11%，报72.65港元；中国宏桥（01378）上涨6.56%，报39.94港元；创新实业（02788）上涨 3.36%，报28.30港元。 责任编辑：卢昱君 铝业股午后走高，截至发稿，中国铝业（02600）上涨12.20%，报15.14港元；南山铝业国际（02610） 上涨8.11%，报72.65港元；中国宏桥（01378）上涨6.56%，报39.94港元；创新实业（02788）上涨 3.36%，报28.30港元。 责任编辑：卢昱君 ...

每经AI快讯，港股铝业股再度走高。截至发稿，中国铝业(02600.HK)涨13.32%，报15.14港元；南山铝 业国际(02610.HK)涨7.74%，报72.4港元；中国宏桥(01378.HK)涨6.99%，报40.1港元；创新实业 (02788.HK)涨2.78%，报28.14港元。 ...