Financial Performance - The company's operating revenue for Q3 2021 reached ¥7,844,466,046.54, an increase of 45.09% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2021 was ¥1,012,449,959.57, reflecting a growth of 79.10% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,015,928,512.30, up 93.86% from the previous year[4]. - Basic earnings per share for Q3 2021 were ¥0.08, a 60.00% increase compared to the same period last year[5]. - Total revenue for the first three quarters of 2021 reached ¥20,384,571,231.03, a 30.5% increase from ¥15,603,929,339.41 in the same period of 2020[24]. - Operating profit for the first three quarters of 2021 was ¥2,950,880,437.33, up 67.0% from ¥1,766,698,598.07 in 2020[24]. - The company reported a net profit margin improvement, with net profit for the first three quarters showing a significant increase compared to the previous year[24]. - The net profit for Q3 2021 was CNY 2,618,263,026.83, an increase of 71.5% compared to CNY 1,529,000,003.22 in Q3 2020[25]. - The total comprehensive income for Q3 2021 reached CNY 2,806,226,102.35, up from CNY 1,324,764,177.22 in the same period last year, representing a growth of 111.2%[25]. - Earnings per share (EPS) for Q3 2021 was CNY 0.21, compared to CNY 0.12 in Q3 2020, reflecting a 75% increase[25]. Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥61,722,065,073.37, representing a 10.19% increase from the end of the previous year[5]. - Total assets as of the end of the third quarter of 2021 amounted to ¥61,722,065,073.37, compared to ¥56,011,864,285.89 at the end of the previous year[22]. - Total liabilities increased to ¥14,697,572,914.27 from ¥11,724,933,121.99, representing a growth of 25.5%[22]. - Current liabilities totaled ¥13,999,692,957.89, an increase of 31.5% from ¥10,668,386,909.56[21]. - The company's equity attributable to shareholders reached ¥42,475,267,408.94, up from ¥40,385,128,163.83, indicating a growth of 5.2%[22]. - As of September 30, 2021, the company's total current assets amounted to approximately RMB 28.88 billion, an increase from RMB 23.12 billion at the end of 2020[19]. - The company's cash and cash equivalents stood at approximately RMB 16.74 billion as of September 30, 2021, compared to RMB 13.23 billion at the end of 2020[19]. - Accounts receivable increased to approximately RMB 3.03 billion as of September 30, 2021, up from RMB 2.32 billion at the end of 2020[19]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥2,767,272,099.33, reflecting a 14.76% increase compared to the previous year[4]. - Cash flow from operating activities for the first three quarters of 2021 was CNY 2,767,272,099.33, compared to CNY 2,411,385,411.37 in the same period of 2020, indicating a growth of 14.8%[26]. - Cash inflow from operating activities totaled CNY 18,146,784,266.78 in the first three quarters of 2021, up from CNY 13,841,855,462.50 in 2020, marking a 31.5% increase[26]. - The company reported cash and cash equivalents at the end of Q3 2021 amounting to CNY 12,785,296,638.71, compared to CNY 8,948,125,413.15 at the end of Q3 2020, a rise of 42.5%[27]. - The total cash outflow from investing activities in Q3 2021 was CNY 1,408,911,699.33, significantly lower than CNY 13,643,173,663.35 in the same period last year[27]. - The net cash flow from financing activities for Q3 2021 was -CNY 365,961,487.65, an improvement from -CNY 1,025,583,353.73 in Q3 2020[27]. - The company received CNY 680,723,672.54 from investments in Q3 2021, compared to CNY 1,296,678,052.69 in Q3 2020, reflecting a decrease of 47.5%[27]. Market and Product Development - The company has seen a significant increase in demand for automotive aluminum plates, with sales achieving breakthrough growth compared to the same period last year, supported by major clients such as NIO and BMW[14]. - The company has commenced production of a 21,000-ton high-performance battery foil project, which will enhance its market share in the high-end battery foil segment upon reaching full capacity[14]. - The company's revenue from electrolytic aluminum production has increased due to a substantial rise in aluminum prices compared to the same period last year[14]. - The first phase of the 1 million-ton alumina project in Indonesia was successfully completed in September, which is expected to leverage local cost advantages for sustained revenue growth[14]. - The company is positioned as a leading supplier in the domestic automotive aluminum plate market, benefiting from the rapid growth of the new energy vehicle sector[14]. - The company aims to further expand its market presence and product offerings in response to the growing demand for high-end aluminum products in the automotive and battery sectors[14]. Research and Development - Research and development expenses increased significantly to ¥1,323,026,461.49, compared to ¥705,623,356.64 in the previous year, reflecting an increase of 87.5%[24].

Financial Performance - Net profit attributable to shareholders rose by 82.79% to CNY 536.37 million year-on-year[4] - Operating revenue increased by 15.98% to CNY 5.74 billion compared to the same period last year[4] - Basic and diluted earnings per share both doubled to CNY 0.04, reflecting a 100% increase compared to the previous year[4] - The company's net profit growth was driven by increased sales of high value-added products and rising aluminum prices[7] - Total operating revenue for Q1 2021 reached ¥5,736,275,730.40, an increase of 15.9% compared to ¥4,945,937,670.80 in Q1 2020[20] - Net profit for Q1 2021 was ¥567,191,947.37, up 77.1% from ¥320,314,850.62 in Q1 2020[21] - The company reported a total comprehensive income of ¥737,106,211.37 for Q1 2021, compared to ¥60,889,991.92 in Q1 2020[21] - The net profit attributable to shareholders of the parent company was ¥536,368,636.96, up from ¥293,436,776.06 in Q1 2020, representing an increase of 82.9%[21] Cash Flow - Cash flow from operating activities increased by 50.17% to CNY 781.77 million year-on-year[4] - Net cash flow from operating activities increased by 50.17% year-on-year to ¥781,770,525.95, mainly due to decreased tax and material deposit payments[13] - The net cash flow from operating activities for Q1 2021 was ¥836,278,604.34, an increase of 19.9% compared to ¥698,102,611.35 in Q1 2020[26] - The cash flow from operating activities showed resilience despite a decline in total cash inflow, indicating effective cost management strategies[26] Assets and Liabilities - Total assets increased by 4.07% to CNY 58.29 billion compared to the end of the previous year[4] - Total liabilities increased to ¥12,607,216,271.35 from ¥12,380,630,669.23, reflecting a growth of approximately 1.83% year-over-year[19] - Current assets rose to ¥16,605,658,768.28, up from ¥15,887,165,702.24, indicating an increase of about 4.53%[18] - Total equity rose to ¥36,653,826,981.41 from ¥36,211,540,642.47, showing an increase of approximately 1.22%[19] Shareholder Information - Total number of shareholders reached 227,205, with Shandong Yili Electric Power Co., Ltd. holding 2,581,044,590 shares, accounting for 21.60%[9] - Nanshan Group Co., Ltd. holds 2,361,155,065 shares, representing 19.76% of total shares[9] Research and Development - R&D expenses increased by 106.84% year-on-year to ¥414,105,563.37, primarily due to increased investment in new product development[13] - Research and development expenses surged to CNY 248,805,673.82, up 172.5% from CNY 91,282,494.15 in the same period last year[22] Financial Position - The weighted average return on equity increased by 0.59 percentage points to 1.35% compared to the previous year[4] - The total liabilities to equity ratio stands at approximately 0.34, indicating a balanced financial structure[19] Other Financial Metrics - Government subsidies recognized in the current period amounted to CNY 13.12 million[8] - Financial expenses rose by ¥29,938,967.72, reflecting a significant increase of 323.26% year-on-year, mainly due to foreign exchange rate fluctuations[13] - Investment income decreased by 57.33% year-on-year to ¥14,692,008.32, attributed to reduced returns from financial products[13] - Other comprehensive income decreased by 44.14% to -124,769,342.69 RMB, primarily due to reduced foreign currency translation differences[12]

Financial Performance - The company's operating revenue for 2020 was approximately ¥22.30 billion, representing a 3.67% increase compared to ¥21.51 billion in 2019[19]. - Net profit attributable to shareholders increased by 26.30% to approximately ¥2.05 billion in 2020 from ¥1.62 billion in 2019[19]. - The net cash flow from operating activities rose significantly by 55.15%, reaching approximately ¥5.88 billion in 2020 compared to ¥3.79 billion in 2019[19]. - Basic earnings per share increased by 21.43% to ¥0.17 in 2020, up from ¥0.14 in 2019[20]. - The weighted average return on equity improved to 5.15% in 2020, compared to 4.19% in 2019[20]. - The company's total assets at the end of 2020 were approximately ¥56.01 billion, a 2.29% increase from ¥54.76 billion at the end of 2019[19]. - The net assets attributable to shareholders increased by 2.74% to approximately ¥40.39 billion at the end of 2020, compared to ¥39.31 billion at the end of 2019[19]. - The company achieved operating revenue of CNY 22,298,992,578.49 in 2020, an increase of 3.67% compared to the previous year[69]. - Net profit reached CNY 222,109,870, an increase of 27.92% year-on-year, with net profit attributable to shareholders rising by 26.30% to CNY 204,944,800[70]. - The company’s aluminum product sales increased by 8.25% year-on-year, with domestic sales up by 10.66% and overseas sales up by 4.17%[70]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 0.55 RMB per 10 shares, totaling approximately 657.28 million RMB to shareholders[5]. - The company has implemented a cash dividend policy, distributing 0.55 RMB per 10 shares for the 2020 fiscal year, maintaining a payout ratio of 32.07% of net profit attributable to shareholders[119]. - The company has not adjusted its profit distribution policy in the reporting period, ensuring transparency and protection of minority shareholders' rights[119]. - The company is committed to improving shareholder returns, with plans to increase dividends by 10% in the upcoming fiscal year[175]. Risk Management - The company has described potential risks in its annual report, urging investors to pay attention[10]. - The report includes a forward-looking risk statement, indicating that future plans do not constitute a commitment to investors[6]. - The company is managing risks related to aluminum price volatility and exchange rate fluctuations through hedging strategies to mitigate negative impacts on its business[114][115]. - The company faces risks from industry competition, with increasing domestic and foreign entrants in the aluminum processing sector, leading to potential overcapacity and intensified competition in low-end products[109]. - The main raw material, bauxite, is sourced from Australia and Guinea, and any significant price increases or export restrictions could pressure production costs[110]. - The company is actively responding to trade policy risks, particularly from the US and EU, which could impact its exports and profitability due to tariffs and anti-dumping measures[111]. Corporate Governance - The company has received a standard unqualified audit report from He Xin Accounting Firm[4]. - The company has confirmed that all board members attended the board meeting, ensuring accountability for the report's accuracy[11]. - The company has established an effective internal control system and conducted an independent audit of its effectiveness, receiving a standard unqualified opinion[193]. - The company has not reported any significant deficiencies in its internal control system as of December 31, 2020[192]. - The company has established a governance structure in compliance with the Company Law and Securities Law, ensuring no key functional deficiencies exist[184]. - The independent directors and supervisors have undergone changes, with several resignations and new appointments during the reporting period[178]. Research and Development - Research and development expenses rose by 75.65% to CNY 1,481,217,186.97, reflecting increased investment in new product development[72]. - The total R&D investment amounted to approximately 1.65 billion CNY, representing 7.39% of total revenue[85]. - The company completed the development and certification of 15 automotive aluminum alloy products, expanding its market share in the automotive board sector[62]. - The company has made significant progress in developing high-performance aluminum foil products, with 1100 alloy 12μ and 15μ certified for mass supply[65]. - The company is committed to innovation and has established several research centers to advance aluminum alloy processing technologies and develop new materials[105]. - The company emphasizes innovation and technology leadership, collaborating with universities and research institutions to enhance its R&D capabilities in high-end products[33]. Environmental Responsibility - The company is committed to a low-carbon and recycling strategy, achieving a 95% energy savings compared to electrolytic aluminum through recycling initiatives[35]. - The company has increased its environmental protection investments to comply with stricter regulations, which may lead to additional operational costs[113]. - The company has maintained compliance with environmental regulations during the reporting period, ensuring all subsidiaries met emission standards[145]. - The company completed the environmental impact assessments for all construction projects in accordance with national regulations and obtained the necessary discharge permits[148]. - The company established an emergency response team for environmental accidents and conducted regular emergency drills to ensure rapid and effective handling of incidents[149]. - The company’s environmental monitoring reports indicate that all emissions met national legal standards during the reporting period[151]. Market Expansion and Product Development - The company aims to enhance its high-end manufacturing capabilities and become a leading supplier of aluminum materials for the automotive and aerospace industries, aligning with national carbon neutrality goals[104]. - The company is expanding its international presence by developing an alumina project in Indonesia, with the first phase already operational and the second phase expected to commence production in 2022[106]. - The company aims to expand its high-end product offerings, focusing on aerospace and automotive aluminum materials, enhancing its supply capabilities across all series and models[32]. - The company is focusing on high-end processing products, including aluminum foil and profiles, while reducing low-value products to enhance market competitiveness[37]. - The company is actively pursuing partnerships with renowned manufacturers, such as French firm Figeac Aero, to enhance its presence in the high-value aerospace components sector[29]. - The company has established financial service transactions with Nanshan Group Financial Co., Ltd. to optimize cash flow and reduce financial costs[132]. Employee and Management Structure - The total number of employees in the parent company and major subsidiaries is 18,584, with 13,096 in the parent company and 5,488 in subsidiaries[180]. - The company employs 13,819 production personnel, 377 sales personnel, and 2,942 technical personnel[180]. - The company has implemented a three-tier salary system, including structured wages, piece-rate wages, and commission-based wages[181]. - The total remuneration for directors, supervisors, and senior management in 2020 amounted to 9.98 million yuan (pre-tax)[177]. - The management team has extensive experience in their respective fields, enhancing the company's strategic direction[173]. - The company continues to maintain a stable leadership structure with no significant changes in shareholding among key executives[172].

Financial Performance - Net profit attributable to shareholders of the listed company reached approximately CNY 1.41 billion, an increase of 11.96% year-on-year[5]. - Operating revenue for the first nine months was approximately CNY 15.60 billion, down 4.43% compared to the same period last year[5]. - The net profit after deducting non-recurring gains and losses was approximately CNY 1.30 billion, an increase of 17.02% year-on-year[5]. - The company achieved a net cash flow from operating activities of approximately CNY 2.41 billion, a decrease of 2.36% year-on-year[5]. - The company reported a profit before tax of approximately ¥726 million for Q3 2020, compared to ¥672 million in Q3 2019, indicating a growth of 8.1%[24]. - The company’s net profit for Q3 2020 was approximately ¥554.6 million, an increase from ¥339.2 million in Q3 2019, representing a growth of 63.5% year-over-year[27]. - Total operating revenue for Q3 2020 reached ¥5.95 billion, up 23.5% from ¥4.81 billion in Q3 2019[27]. - The company reported a total comprehensive income of approximately ¥551.6 million for Q3 2020, compared to ¥338.9 million in Q3 2019, marking a 62.5% increase[27]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 54.72 billion, a decrease of 0.08% compared to the end of the previous year[5]. - Total liabilities decreased significantly, with long-term borrowings increasing by 111.76% to ¥360,000,000.00[14]. - Total liabilities decreased to ¥11.12 billion from ¥13.21 billion, a reduction of 15.83%[21]. - Total current liabilities were reported at ¥9,182,110,800.26, while total liabilities amounted to ¥11,375,749,668.03[36]. - Total current assets amounted to ¥16,609,400,116.58 as of September 30, 2020[35]. - Non-current assets totaled ¥32.85 billion, an increase from ¥32.04 billion, reflecting a growth of 2.53%[20]. Shareholder Information - Total number of shareholders reached 207,642[12]. - The top two shareholders, Nanshan Group and Shandong Yili Electric Power, hold 23.72% and 23.53% of shares respectively, both with pledged shares[12]. - Shareholders' equity increased to ¥43.60 billion from ¥41.55 billion, representing a growth of 4.93%[21]. Cash Flow - Cash inflow from operating activities for the first three quarters of 2020 was CNY 13,841,855,462.50, a slight increase from CNY 13,719,792,502.91 in the same period of 2019[28]. - The total cash and cash equivalents at the end of the period reached CNY 8,948,125,413.15, an increase from CNY 6,215,968,335.16 in the same period of 2019[29]. - Cash inflow from investment activities totaled CNY 13,932,705,874.04, compared to CNY 13,247,599,341.94 in the previous year[29]. - Cash outflow for purchasing goods and services was CNY 8,655,367,325.17, slightly down from CNY 8,749,303,902.65 in the previous year[28]. Expenses - R&D expenses increased by 429.81% year-on-year, reflecting higher investments in new product development[16]. - Sales expenses decreased by 67.25% compared to the same period last year, primarily due to the reclassification of transportation costs to operating costs under the new revenue recognition standards[16]. - The tax expenses for Q3 2020 were approximately ¥99.5 million, compared to ¥61.2 million in Q3 2019, representing a 62.4% increase[27]. Market Strategy and Outlook - The company has expanded its supply of high-end aluminum products for aviation and automotive applications, increasing its market presence despite challenging conditions[9]. - The company has adjusted its product structure and market strategies in response to the impacts of the COVID-19 pandemic, focusing on domestic market opportunities[9]. - Future outlook includes potential market expansion and strategic acquisitions to drive growth[24].

Financial Performance - Net profit attributable to shareholders increased by 15.66% to CNY 293,436,776.06 year-on-year[4] - The net profit after deducting non-recurring gains and losses rose by 31.93% to CNY 271,628,995.40 compared to the same period last year[4] - Net profit for Q1 2020 was CNY 320,314,850.62, compared to CNY 275,726,343.12 in Q1 2019, indicating an increase of approximately 16.14%[21] - Total operating revenue for Q1 2020 was CNY 4,945,937,670.80, a slight increase from CNY 4,909,606,257.08 in Q1 2019, representing a growth of approximately 0.74%[20] - Total operating costs decreased to CNY 4,468,590,315.03 from CNY 4,649,698,247.68, reflecting a reduction of about 3.89%[20] Cash Flow - Operating cash flow increased significantly by 84.97% to CNY 520,591,914.94 due to increased sales and cash collection[4] - Operating cash flow for Q1 2020 was ¥520,591,914.94, compared to ¥281,443,354.44 in Q1 2019, reflecting an increase of 85.0%[23] - The net cash flow from operating activities for Q1 2020 was ¥698,102,611.35, an increase of 27.5% compared to ¥547,177,149.07 in Q1 2019[26] - The company reported a net cash inflow from financing activities of ¥696,055,146.26 in Q1 2020, down from ¥1,587,642,023.44 in Q1 2019[24] Assets and Liabilities - Total assets increased by 3.20% to CNY 56,511,574,032.51 compared to the end of the previous year[4] - Current liabilities rose to ¥11.70 billion, compared to ¥10.94 billion in the previous year, indicating an increase of about 6.9%[17] - Total liabilities reached ¥13.97 billion, an increase from ¥13.21 billion, representing a growth of about 5.8%[16] - The total current assets as of March 31, 2020, amounted to ¥24,411,850,392.75, an increase from ¥22,723,600,665.98 at the end of 2019[14] Shareholder Information - The total number of shareholders reached 225,409 by the end of the reporting period[7] - Shareholders' equity rose to ¥42.54 billion, compared to ¥41.55 billion, indicating an increase of approximately 2.4%[16] - The company’s total equity attributable to shareholders increased to ¥39.35 billion from ¥39.31 billion, a growth of about 0.1%[16] Market Conditions - The price of alumina dropped from CNY 2,600/ton to around CNY 2,300/ton during the first quarter due to the impact of COVID-19[6] - The price of electrolytic aluminum fell from CNY 14,500/ton to CNY 11,400/ton before rebounding at the end of March[6] - The company adjusted its product structure and sales strategies in response to market conditions and the pandemic[6] Research and Development - R&D expenses increased by 339.95% year-on-year, reaching ¥200,209,708.24, primarily due to increased investment in aviation and vehicle product development[10] Financial Position - The company's derivative financial assets increased by 65.82% to ¥6,009,143.29 as of March 31, 2020, compared to ¥3,623,881.46 on December 31, 2019, due to increased floating profits from futures positions in aluminum and coal[9] - Derivative financial liabilities surged by 1,225.82% to ¥56,320,732.45 as of March 31, 2020, due to increased floating losses from futures positions in aluminum and coal[9] Other Financial Metrics - Other comprehensive income decreased by 162.32% to -¥95,070,015.44 as of March 31, 2020, mainly due to reduced foreign currency translation differences[9] - Financial expenses decreased by 106.96% year-on-year, amounting to -¥9,261,458.63, mainly due to foreign exchange rate fluctuations[10]