证券代码：600219 证券简称：南山铝业 公告编号：临 2023-039 二、审议通过了《山东南山铝业股份有限公司 2023 年半年度募集资金存放与实际使 用情况专项报告》 根据《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》的要 求，公司董事会全面核查公司 2023 年半年度募投项目的进展情况，对募集资金的存放与 使用情况出具了《山东南山铝业股份有限公司 2023 年半年度募集资金存放与实际使用情 况专项报告》。 具体内容详见公司于 2023 年 8 月 26 日在上海证券交易所网站（www.sse.com.cn）披 露的《山东南山铝业股份有限公司 2023 年半年度募集资金存放与实际使用情况专项报告》 （公告编号：临 2023-041）。 山东南山铝业股份有限公司 第十一届董事会第三次会议决议公告 本公司及董事会全体成员保证公告内容不存在虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实、准确和完整承担个别及连带责任。 山东南山铝业股份有限公司（以下简称"公司"或"南山铝业"）第十一届董事会第 三次会议于 2023 年 8 月 25 日上午 9 时以现场和通讯相结合的方式召开，公 ...

山东南山铝业股份有限公司 关于在南山集团财务有限公司办理金融业务的 风险持续评估报告 根据中国证券监督管理委员会、上海证券交易所的相关要求，山东南山铝业 股份有限公司（以下简称"本公司"）通过查验南山集团财务有限公司（以下简 称"财务公司"）《金融许可证》、《营业执照》等证件资料，并审阅了财务公 司验资及审计报告，对财务公司的经营资质、业务和风险状况进行了评估，现将 有关风险评估情况报告如下： 一、财务公司基本情况 （一）经营资质 金融许可证机构编码：L0097H337060001 统一社会信用代码：913706816817432122 注册资本：人民币 13 亿元（其中美元 1000 万元） 经营范围：（一）对成员单位办理财务和融资顾问、信用鉴证及相关的咨询、 代理业务；（二）协助成员单位实现交易款项的收付；（三）经批准的保险代理 业务；（四）对成员单位提供担保；（五）办理成员单位之间的委托贷款及委托 投资；（六）对成员单位办理票据承兑与贴现；（七）办理成员单位之间的内部 转账结算及相应的结算、清算方案设计；（八）吸收成员单位的存款；（九）对 成员单位办理贷款及融资租赁；（十）从事同业拆借；（十一）承销成员 ...

Financial Performance - The net profit excluding non-recurring items for 2022 was CNY 19.47 billion, representing a 14.63% increase compared to CNY 33.37 billion in 2021[5]. - The company's operating revenue for 2022 was CNY 34.95 billion, an increase of 21.68% compared to CNY 28.73 billion in 2021[26]. - The net profit attributable to shareholders for 2022 was CNY 3.52 billion, reflecting a 3.07% increase from CNY 3.41 billion in 2021[26]. - The net cash flow from operating activities increased by 51.01% to CNY 6.67 billion in 2022, up from CNY 4.42 billion in 2021[26]. - The company achieved a revenue of CNY 34,951,222,450.58 in 2022, an increase of 21.68% compared to the previous year[71]. - The net profit for 2022 reached CNY 394,384,490, an increase of 6.03% compared to the previous year[71]. - The gross profit margin for the aluminum products sector decreased by 4.09 percentage points to 20.74%[76]. - The company’s aluminum deep processing products accounted for 88.58% of total revenue, with alumina powder contributing 10.60%[76]. Assets and Investments - Total assets reached CNY 647.26 billion in 2022, reflecting a 2.45% increase from CNY 631.78 billion in 2021[5]. - The company's total assets as of the end of 2022 were CNY 64.73 billion, a 2.45% increase from CNY 63.18 billion at the end of 2021[26]. - The company reported a significant increase in derivative financial assets, with a year-end balance of 9,380,225.00 RMB, up from 1,424,724.68 RMB at the beginning of the year[34]. - The company’s investments in new aluminum alloy technologies are aligned with the growing demand for lightweight materials in the automotive sector, particularly for electric vehicles[105]. Research and Development - The company has a commitment to research and development in new products and technologies, although specific details were not provided in the extracted content[12]. - Total R&D expenses amounted to CNY 1,485,964,344.08, representing 4.25% of total revenue[83]. - The number of R&D personnel is 2,199, accounting for 12.35% of the total workforce[84]. - The company has established a comprehensive R&D platform, including a national-level aluminum alloy processing engineering technology research center, to drive innovation and enhance product competitiveness[65]. Market Strategy and Expansion - The company is focused on market expansion and strategic initiatives, with ongoing assessments of potential mergers and acquisitions[12]. - The company aims to enhance its market influence and fill the domestic gap in automotive plate products, responding to national policies and industry trends[42]. - The company is actively expanding its market presence in Africa and emerging markets, successfully signing cooperation agreements with local canning enterprises[44]. - The company is focusing on high-end industrial profiles, aiming to enhance its competitive edge in the aerospace and automotive sectors while optimizing product structure[56]. Environmental and Sustainability Initiatives - The company is committed to sustainable development, maintaining strategic partnerships with key clients in both domestic and international markets, including major beverage companies[54]. - The company has invested approximately 31,950.47 million CNY in environmental protection during the reporting period[159]. - The company has developed a low-carbon production strategy, including the use of clean energy and recycling initiatives[167]. - The company achieved a reduction of 3,417,934 tons in greenhouse gas emissions compared to 2021[168]. Governance and Compliance - The board of directors has ensured the authenticity, accuracy, and completeness of the annual report[7]. - The company has not violated decision-making procedures for external guarantees[10]. - The company has established a comprehensive internal control system and conducted an evaluation of its effectiveness as of December 31, 2022[153]. - The company has maintained a consistent remuneration structure for its board members over the reporting period[123]. Risks and Challenges - The company is facing various risks as outlined in the management discussion and analysis section of the annual report[10]. - The company faces risks from fluctuations in aluminum ingot prices, which are tied to market supply and demand, potentially impacting business operations[110]. - Increased competition in the aluminum processing industry is expected due to the entry of new domestic and foreign companies, leading to a focus on high-end product applications[111]. - Supply chain risks are present due to the complexity of the supply chain for high-end aluminum products, influenced by political and exchange rate risks[112]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of CNY 0.40 per 10 shares, totaling approximately CNY 468.34 million[8]. - The company is committed to improving shareholder returns, with a proposed dividend increase of 5% for the next fiscal year[125]. - The company’s net profit attributable to ordinary shareholders for the year was 3,515,523,059.52 RMB, with a cash dividend payout ratio of 13.32%[149]. Related Party Transactions - The company is involved in various related party transactions, including agreements with Nanshan Group for comprehensive service provisions[132]. - Catering and accommodation services from Longkou Nanshan International Conference Center Co., Ltd. amounted to RMB 1,885,675.54, representing 14.64% of similar transaction amounts[188]. - The company engaged in related party transactions, including RMB 52,267.09 for catering and accommodation services from Longkou Donghai Moon Bay Seaview Hotel Co., Ltd., accounting for 0.41% of similar transaction amounts[188].

Financial Performance - The company's operating revenue for Q1 2023 was approximately ¥6.83 billion, representing a decrease of 22.83% compared to the same period last year[4] - The net profit attributable to shareholders for Q1 2023 was approximately ¥518.94 million, down 28.12% year-over-year[4] - Basic and diluted earnings per share for Q1 2023 were both ¥0.04, reflecting a decrease of 33.33% year-over-year[4] - Total revenue for Q1 2023 was ¥6,834,479,105.87, a decrease of 22.8% compared to ¥8,856,557,442.46 in Q1 2022[22] - Net profit for Q1 2023 was ¥557,446,522.76, a decline of 32.1% from ¥820,499,078.51 in Q1 2022[22] - The total comprehensive income for Q1 2023 was ¥786,552,959.00, slightly up from ¥780,830,621.21 in Q1 2022[23] Cash Flow and Liquidity - The net cash flow from operating activities was approximately ¥309.76 million, a significant decline of 75.66% compared to the previous year[4] - Cash inflows from operating activities in Q1 2023 totaled ¥6,144,055,674.57, a decrease of 17.4% from ¥7,440,297,905.38 in Q1 2022[24] - The net cash flow from operating activities for Q1 2023 was ¥309,764,827.05, significantly lower than ¥1,272,640,955.12 in Q1 2022[24] - Cash outflows from investing activities in Q1 2023 amounted to ¥147,084,312.18, compared to ¥597,387,716.56 in Q1 2022[25] - The net cash flow from financing activities for Q1 2023 was -¥77,758,858.97, contrasting with a positive cash flow of ¥274,278,197.72 in Q1 2022[25] - The cash and cash equivalents at the end of Q1 2023 were ¥15,756,875,593.41, an increase from ¥15,618,859,706.79 at the end of Q1 2022[25] Assets and Liabilities - Total assets at the end of Q1 2023 were approximately ¥65.21 billion, an increase of 0.75% from the end of the previous year[5] - The company reported a total current assets of CNY 34,667,573,821.60 as of March 31, 2023, an increase from CNY 33,994,181,806.69 as of December 31, 2022, reflecting a growth of approximately 1.98%[19] - Total liabilities as of Q1 2023 were ¥14,406,165,466.51, a decrease from ¥14,707,583,713.35 in the previous quarter[21] - The company reported a significant reduction in accounts payable, which decreased to ¥2,576,176,975.45 from ¥3,125,287,139.38 in the previous quarter[20] Shareholder Equity - The equity attributable to shareholders increased to approximately ¥45.77 billion, up 1.48% from the end of the previous year[5] - The equity attributable to shareholders increased to ¥45,771,419,868.35 in Q1 2023 from ¥45,102,280,073.06 in Q1 2022[21] Market and Pricing - The average price of alumina in Q1 2023 was approximately ¥2,916 per ton, down about 4% year-over-year[9] - The average price of aluminum ingots in Q1 2023 was approximately ¥18,481 per ton, reflecting a decrease of about 16% compared to the same period last year[11] Operational Insights - The company has not disclosed any new product developments or market expansion strategies in this quarter's report[18] - There are no significant changes in the company's operational strategies or mergers and acquisitions reported for this quarter[18] - The company plans to focus on market expansion and new product development in the upcoming quarters[22] Other Financial Metrics - The weighted average return on equity was 1.18%, a decrease of 0.49 percentage points compared to the previous year[5] - Non-recurring gains and losses for the period totaled approximately ¥9.00 million, with government subsidies contributing ¥13.65 million[6] - Research and development expenses for Q1 2023 amounted to ¥341,955,972.74, a decrease of 22.9% compared to ¥443,223,917.55 in Q1 2022[22] - The company reported a tax effect of other comprehensive income amounting to ¥229,106,436.24 in Q1 2023, compared to a loss of ¥39,668,457.30 in Q1 2022[23] - The company did not apply new accounting standards or interpretations for the first time in 2023[27] Shareholder Concentration - The top two shareholders, Shandong Yili Electric Power Co., Ltd. and Nanshan Group Co., Ltd., hold 22.04% and 20.17% of shares respectively, indicating a significant concentration of ownership[13]

山东南山铝业股份有限公司（以下简称"公司"或"本公司"）已于2023年4月29 日发布公司2022年年度报告，为便于广大投资者更全面深入地了解公司2022年度经营 成果、财务状况，公司计划于2023年5月15日下午15:00-16:00举行2022年度业绩说明 会，就投资者关心的问题进行交流。本次投资者说明会以网络文字互动召开，公司将 针对2022年度的经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信 息披露允许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 证券代码：600219 证券简称：南山铝业 公告编号：临2023-023 山东南山铝业股份有限公司 关于召开2022年度业绩说明会的公告 本公司董事会、全体董事及相关股东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： 投资者可于2023年5月12日（星期五）17:00前将相关问题通过电子邮件的形式发 送至本公司邮箱：600219@nanshan.com.cn。本公司将会于2022年度业绩说明会上对投 资者普遍关注的问题进行回答。 一、说 ...

Financial Performance - The company's operating revenue for Q3 2022 was approximately ¥8.62 billion, representing a year-on-year increase of 9.85%[4] - The net profit attributable to shareholders for Q3 2022 was approximately ¥1.02 billion, a slight increase of 1.03% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥1.00 billion, showing a decrease of 1.38% year-on-year[4] - The basic earnings per share for Q3 2022 was ¥0.09, reflecting a year-on-year increase of 12.50%[4] - The company experienced a 30.14% increase in operating revenue for the year-to-date period, primarily due to rising aluminum prices and increased sales of high-value-added products[8] - Total operating revenue for the first three quarters of 2022 reached ¥26,527,628,478.14, an increase of 30.5% compared to ¥20,384,571,231.03 in the same period of 2021[21] - Operating profit for the first three quarters of 2022 was ¥3,393,569,338.57, compared to ¥2,950,880,437.33 in 2021, indicating an increase of 15.0%[21] - Net profit for the first three quarters of 2022 was ¥3,175,470,876.03, up from ¥2,618,263,026.83 in 2021, representing a growth of 21.3%[21] - The net profit for Q3 2022 was approximately ¥3.18 billion, an increase from ¥2.62 billion in Q3 2021, representing a growth of about 21.2%[22] - The total comprehensive income for Q3 2022 reached approximately ¥3.79 billion, compared to ¥2.81 billion in Q3 2021, marking an increase of around 34.7%[22] Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥66.65 billion, an increase of 5.50% compared to the end of the previous year[5] - Total assets as of the end of Q3 2022 amounted to ¥66,653,023,371.70, an increase from ¥63,178,184,706.31 at the end of Q3 2021, reflecting a growth of 7.8%[19] - Total liabilities as of the end of Q3 2022 were ¥16,562,159,195.73, compared to ¥15,654,515,135.32 in 2021, marking an increase of 5.8%[19] - The company's total current assets as of September 30, 2022, amounted to ¥33,964,414,837.69, an increase from ¥30,697,382,810.74 at the end of 2021, reflecting a growth of approximately 7.39%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period was 231,180, with the top ten shareholders holding significant stakes[13] - Shandong Yili Electric Power Co., Ltd. held 2,581,044,590 shares, representing 21.60% of the total shares, while Nanshan Group Co., Ltd. held 2,361,155,065 shares, accounting for 19.76%[13] - The top ten shareholders included significant entities such as China Securities Finance Corporation, which held 589,263,806 shares, representing 4.93%[13] Cash Flow and Investments - Cash inflows from operating activities for the first three quarters of 2022 totaled approximately ¥24.93 billion, compared to ¥18.15 billion in the same period of 2021, indicating a growth of about 37.2%[23] - The net cash flow from operating activities for the first three quarters of 2022 was approximately ¥4.43 billion, an increase from ¥2.77 billion in the same period of 2021, representing a growth of around 60.0%[23] - The cash and cash equivalents at the end of Q3 2022 amounted to approximately ¥17.41 billion, up from ¥12.79 billion at the end of Q3 2021, reflecting an increase of about 36.5%[24] - The company reported cash outflows from investing activities of approximately ¥881.21 million in Q3 2022, compared to ¥1.41 billion in Q3 2021, indicating a decrease of about 37.4%[24] - The net cash flow from financing activities for Q3 2022 was approximately -¥1.18 billion, compared to -¥366 million in Q3 2021, showing a significant increase in cash outflow[24] Costs and Expenses - Total operating costs for the first three quarters of 2022 were ¥23,142,684,387.42, up from ¥17,533,452,822.19 in 2021, reflecting a growth of 32.1%[21] - Research and development expenses for the first three quarters of 2022 were ¥1,222,551,437.45, a decrease of 7.6% from ¥1,323,026,461.49 in 2021[21] Other Financial Metrics - The weighted average return on equity for Q3 2022 was 2.28%, a decrease of 0.12 percentage points compared to the previous year[5] - The average price of alumina in Q3 2022 was approximately ¥2,960 per ton, a year-on-year increase of about 6.32%[10] - The average price of electrolytic aluminum in Q3 2022 was approximately ¥18,450 per ton, a year-on-year decrease of about 9.14%[11] - The company reported a financial income of ¥-312,783,137.87 in the first three quarters of 2022, a significant improvement compared to a financial expense of ¥80,035,345.54 in 2021[21] - The total equity attributable to shareholders reached ¥45,103,507,836.94 as of Q3 2022, up from ¥42,866,695,078.49 in the previous year, indicating a growth of 5.2%[19] - The company has not disclosed any significant new strategies or future outlook in the provided documents[15]

Financial Performance - Nanshan Aluminum reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2022, representing a year-on-year growth of 15%[13]. - The company's operating revenue for the first half of the year reached ¥17,910,108,742.83, representing a 42.82% increase compared to ¥12,540,105,184.49 in the same period last year[17]. - Net profit for the first half of 2022 was CNY 2,073,942,688.51, representing a 32.6% increase from CNY 1,563,530,919.28 in the previous year[150]. - Nanshan Aluminum's net profit for the first half of 2022 reached 150 million RMB, reflecting a 10% increase compared to the same period last year[13]. - The company reported a net profit of ¥1,799,259,738.90 for the current period, representing a 23.05% increase compared to the previous year's net profit of ¥1,462,178,902.21[139]. - The company's total equity reached ¥48,610,556,857.93, up from ¥47,523,669,570.99, reflecting a growth of approximately 2.3%[144]. - The total comprehensive income for the first half of 2022 was approximately RMB 1.83 billion, reflecting a significant increase compared to the previous period[161]. Production and Capacity - The company has expanded its production capacity by 20%, now reaching a total capacity of 500,000 tons of aluminum products annually[13]. - The company has achieved an annual production capacity of 200,000 tons for automotive aluminum plates, with an additional 200,000 tons under construction, aiming to enhance market share and customer base[30]. - The company is currently constructing a 1 million-ton alumina project in Indonesia, with foundational and structural work completed and equipment installation ongoing[51]. - The company is focusing on clean energy utilization and resource recycling while maintaining strong growth in high-end applications such as automotive sheets[27]. Research and Development - Nanshan Aluminum is investing in new technology for aluminum alloy production, aiming to enhance product quality and reduce production costs by 5%[13]. - The company has been enhancing its R&D efforts to optimize product structure and improve production processes, aiming to become a leader in high-end aluminum processing[27]. - The company is actively pursuing high-end product development, focusing on 10-12μ battery foil products, and strengthening partnerships with leading domestic battery manufacturers such as CATL and BYD[31]. - The company has completed 9 R&D and certification projects for aviation aluminum plates, aiming to enhance its position in high-end manufacturing[49]. Market Expansion - The company plans to enter new markets in Southeast Asia, targeting a 10% market share within the next two years[13]. - The company is actively pursuing strategic partnerships for potential mergers and acquisitions to enhance its market position[13]. - The company is expanding its international presence by constructing an alumina project in Indonesia and establishing operational centers in Europe, the US, and Singapore[33]. - The company is actively expanding its market presence in Europe and South America while maintaining strong relationships with domestic and international clients[46]. Financial Management - The company has no reported non-operational fund occupation by controlling shareholders, ensuring financial integrity[4]. - The company has not proposed any profit distribution plan for the reporting period, focusing on reinvestment for growth[4]. - The company has implemented a robust internal management system to enhance operational efficiency and product quality, ensuring a competitive edge in the market[34]. - The company has committed to maintaining its independence from the controlling shareholder, ensuring that financial operations are conducted autonomously[97]. Environmental Responsibility - The company is focused on sustainable development and has aligned its operations with national carbon neutrality goals, promoting green manufacturing practices[32]. - The company has implemented strict environmental management practices, ensuring compliance with national laws and regulations regarding emissions and waste management[83]. - The company has achieved zero discharge goals for wastewater through infrastructure improvements and technological upgrades[84]. - The company is actively pursuing carbon reduction measures, including optimizing energy structure by increasing the use of photovoltaic power and reducing reliance on thermal power[91]. Risk Management - The company has identified key risks in its operations, including fluctuations in raw material prices and regulatory changes, which investors should monitor closely[4]. - The company faces risks from aluminum ingot price fluctuations, industry competition, and supply chain complexities, and plans to implement hedging strategies to mitigate these risks[66][67]. - The company emphasizes the importance of managing exchange rate fluctuations, utilizing hedging and derivative tools to minimize adverse impacts on export revenues[68]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 233,162[121]. - The largest shareholder, Shandong Yili Electric Power Co., Ltd., holds 2,581,044,590 shares, accounting for 21.60% of the total shares[122]. - Nanshan Group Co., Ltd. is the second-largest shareholder with 2,361,155,065 shares, representing 19.76% of the total shares[122]. - The company has repurchased a total of 119,355,163 shares, which is approximately 0.9987% of the total share capital[124]. Compliance and Governance - The company confirmed that it has no major related party transactions that have not been disclosed in temporary announcements[100]. - The company has not faced any penalties or corrective actions related to legal violations during the reporting period[100]. - The company appointed Fang Yufeng as an independent director on April 21, 2022, following the resignation of Li Jinshan[76]. - The company’s financial report was approved by the board of directors on August 25, 2022, indicating a structured governance process for financial disclosures[168].

Financial Performance - The company's operating revenue for Q1 2022 was ¥8,856,557,442.46, representing a 54.40% increase compared to the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was ¥721,983,397.72, a growth of 34.61% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥735,836,740.15, reflecting a 40.49% increase compared to the previous year[4] - The basic earnings per share for Q1 2022 was ¥0.06, up 50.00% from the same period last year[4] - Operating profit for Q1 2022 was ¥894,593,949.78, up from ¥624,928,520.92 in Q1 2021, reflecting a growth of 43.2%[21] - Net profit for Q1 2022 amounted to ¥820,499,078.51, compared to ¥567,191,947.37 in Q1 2021, representing an increase of 44.5%[21] - The net profit attributable to the parent company shareholders for Q1 2022 was ¥721,983,397.72, an increase from ¥536,368,636.96 in Q1 2021, representing a growth of approximately 34.5%[22] - The total comprehensive income attributable to the parent company owners for Q1 2022 was ¥669,468,007.23, compared to ¥634,955,617.58 in Q1 2021, indicating an increase of about 5.4%[22] - The basic and diluted earnings per share for Q1 2022 were both ¥0.06, up from ¥0.04 in Q1 2021, reflecting a 50% increase[22] Cash Flow and Liquidity - The net cash flow from operating activities reached ¥1,272,640,955.12, marking a 62.79% increase year-on-year[4] - Cash inflows from operating activities for Q1 2022 totaled ¥7,440,297,905.38, compared to ¥4,929,348,301.15 in Q1 2021, marking a significant increase of approximately 50.9%[24] - The net cash flow from operating activities for Q1 2022 was ¥1,272,640,955.12, up from ¥781,770,525.95 in Q1 2021, representing a growth of about 63.0%[24] - The net cash outflow from investing activities for Q1 2022 was ¥576,471,379.24, compared to a net outflow of ¥322,620,889.29 in Q1 2021, indicating a worsening of investment cash flow[25] - The net cash flow from financing activities for Q1 2022 was ¥274,278,197.72, a recovery from a net outflow of ¥78,413,911.66 in Q1 2021[25] - The cash and cash equivalents at the end of Q1 2022 amounted to ¥15,618,859,706.79, an increase from ¥11,794,474,428.97 at the end of Q1 2021, showing a growth of approximately 32.4%[25] - The company's cash and cash equivalents increased, contributing to a stronger liquidity position compared to the previous year[20] Asset and Shareholder Information - Total assets at the end of Q1 2022 were ¥64,665,605,288.91, a 2.35% increase from the end of the previous year[6] - Total assets as of the end of Q1 2022 were ¥64,665,605,288.91, up from ¥63,178,184,706.31 at the end of Q1 2021[20] - Total liabilities increased to ¥16,416,766,188.96 in Q1 2022 from ¥15,654,515,135.32 in Q1 2021, marking a rise of 4.9%[20] - The total number of common shareholders at the end of the reporting period was 214,233[15] - The largest shareholder, Shandong Yili Electric Power Co., Ltd., holds 2,581,044,590 shares, representing 21.60% of the total shares[15] - The second largest shareholder, Nanshan Group Co., Ltd., holds 2,361,155,065 shares, representing 19.76% of the total shares[15] - The company has a total of 10 major shareholders, with some holding pledged shares[15] Market and Price Performance - The average price of alumina in Q1 2022 was approximately ¥3,040 per ton, an increase of about 28% compared to the same period last year[10] - The average price of electrolytic aluminum reached ¥21,939.75 per ton in Q1 2022, a 36% increase year-on-year[12] - The company benefited from the completion of the first phase of the 1 million ton alumina project in Indonesia, contributing to new profit sources[13] Research and Development - Research and development expenses for Q1 2022 were ¥443,223,917.55, compared to ¥414,105,563.37 in Q1 2021, indicating a growth of 7.0%[21]

Financial Performance - The company's operating revenue for 2021 was CNY 28.73 billion, an increase of 28.82% compared to CNY 22.30 billion in 2020[28]. - The net profit attributable to shareholders for 2021 reached CNY 3.41 billion, representing a 66.43% increase from CNY 2.05 billion in 2020[28]. - The net cash flow from operating activities was CNY 4.42 billion, a decrease of 24.94% from CNY 5.88 billion in 2020[28]. - The total assets at the end of 2021 were CNY 63.18 billion, up 12.79% from CNY 56.01 billion at the end of 2020[28]. - The basic earnings per share for 2021 was CNY 0.29, a 70.59% increase from CNY 0.17 in 2020[29]. - The weighted average return on equity for 2021 was 8.18%, an increase of 3.03 percentage points from 5.15% in 2020[29]. - The net profit after deducting non-recurring gains and losses for 2021 was CNY 3.34 billion, a 71.40% increase from CNY 1.95 billion in 2020[28]. - The company achieved a revenue of CNY 28,725,022,944.47 in 2021, an increase of 28.82% compared to the previous year[79]. - The net profit for 2021 was CNY 371,948,530, an increase of 67.46% year-on-year[79]. Dividend Policy - As of December 31, 2021, the total share capital of the company was 11,950,481,520 shares, with 11,891,017,087 shares eligible for cash dividend distribution at a rate of 0.63 RMB per 10 shares, resulting in a total cash dividend distribution of 1,027,953,523.78 RMB, which accounts for 30.14% of the net profit attributable to shareholders for the year[8]. - The company plans to maintain the cash dividend distribution rate of 0.63 RMB per 10 shares, with adjustments to the total distribution amount if there are changes in the total share capital before the implementation date[8]. - The company has not disclosed any plans for stock dividends or capital reserve transfers, with remaining undistributed profits carried forward to the next year[8]. - The company implemented a cash dividend policy, distributing a dividend of 0.55 CNY per 10 shares (including tax) on July 6, 2021[159]. - The profit distribution policy is clearly defined and aligns with the company's articles of association, ensuring the protection of minority shareholders' rights[160]. Risk Management - The company has described potential risks in the annual report, which investors should pay attention to, particularly in the "Management Discussion and Analysis" section[11]. - The company has a comprehensive risk management strategy outlined in the annual report, addressing various operational and market risks[11]. - The company emphasizes the importance of investment risk awareness regarding forward-looking statements made in the report[9]. - The company is actively managing foreign exchange risks through hedging strategies to mitigate the impact of RMB/USD exchange rate volatility[122]. - Supply chain risks are heightened due to the complexity of the aerospace and automotive sectors, with potential impacts from political and exchange rate fluctuations[121]. Corporate Governance - The company reported a standard unqualified audit opinion from He Xin Accounting Firm, ensuring the authenticity and completeness of the financial report[7]. - The company has established a robust governance structure with a clear delineation of responsibilities among the board, supervisory board, and management[6]. - The company confirmed that all board members attended the board meeting, ensuring collective responsibility for the report's accuracy[6]. - The company has maintained a consistent approach to governance and financial oversight through regular shareholder meetings and approvals of key financial decisions[129][130][131]. - The company’s board of directors has undergone changes, with new appointments made during the reporting period[133]. Market and Product Development - The company reported a significant increase in high value-added product sales, contributing to the overall performance improvement[28]. - The company is actively promoting clean energy utilization and resource recycling, contributing to the national "carbon peak and carbon neutrality" goals[50]. - The company aims to accelerate the construction of additional production lines for automotive plates to meet increasing market demand[54]. - The company has established a leading position in the domestic aviation board market, leveraging the C919 project and focusing on "material localization" and "material autonomy" policies[55]. - The demand for aluminum foil products has surged in the sterile packaging market and the new energy vehicle sector, with stable supply relationships established with major clients like CATL and BYD[56]. Environmental Compliance - The company has implemented ultra-low emission transformation projects in its electrolytic aluminum and carbon workshops[171]. - The company aims for zero wastewater discharge through continuous process upgrades and technology improvements[172]. - The company is committed to building a sustainable production system and has taken measures to reduce carbon emissions[180]. - The company plans to introduce photovoltaic power generation to reduce reliance on thermal power, aligning with Shandong Province's green electricity planning[181]. - The company has conducted biodiversity risk assessments in its core production areas, implementing measures to protect local ecosystems[179]. Research and Development - The company’s R&D expenses decreased by 7.22% to CNY 1,374,287,879.19 compared to the previous year[81]. - The company employed 2,593 R&D personnel, representing 13.83% of the total workforce[91]. - Research and development investments increased by 30%, totaling $150 million, aimed at enhancing product offerings[134]. - The company is committed to enhancing its technological capabilities and management systems to support its role as a supplier for major aerospace manufacturers like Boeing and Airbus[118]. - The company has successfully developed new alloy materials for food cans, enhancing its product diversity and market share in the can materials sector[66]. Strategic Investments - The company plans to invest up to CNY 15,000 million in a partnership for equity investment in unlisted companies and non-public offerings[103]. - The company has invested in a 1 million-ton alumina project in Indonesia, which commenced production in May 2021, enhancing its production capacity at a lower cost[67]. - The company is constructing a recycling aluminum project, which can save 95% of energy compared to electrolytic aluminum[76]. - The company has established a joint venture for aerospace components with a registered capital of USD 2,000 million, with a 50% stake[103]. - The company is expanding its market presence through strategic investments in subsidiaries[145].