一、控股股东可交换公司债券的基本情况 证券代码：600219 证券简称：南山铝业 公告编号：2024-063 山东南山铝业股份有限公司 关于控股股东非公开发行可交换公司债券 调整换股价格的提示性公告 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。 近日，山东南山铝业股份有限公司（以下简称"公司"）收到控股股东南山集团 有限公司（以下简称"南山集团"）的通知，南山集团2023年面向专业投资者非公开 发行可交换公司债券（第一期）（以下简称"本期可交换债券"）换股价格将进行调 整，现将有关事项公告如下： 公司将密切关注本期可交换债券的进展情况，并根据相关规定持续履行信息披露 义务，敬请广大投资者注意投资风险。 公司控股股东南山集团于2023年4月21日完成了本期可交换债券的发行工作。本 期可交换公司债券（品种一）简称为23南01EB，（品种二）简称为23南02EB。 23南 01EB的发行规模为8.8333亿元，债券期限为3年，标的股票为南山集团有限公司持有 的部分本公司A股股票，债券代码为"137175"；23南02EB的发 ...

北京浩天律师事务所 关于 山东南山铝业股份有限公司 北京浩天律师事务所(以下简称"本所")接受山东南山铝业股份有限公司 (以下简称"南山铝业"或"公司"）的委托,根据《中华人民共和国公司法》 (以下简称"《公司法》")、《中华人民共和国证券法》(以下简称"《证券法》")、 《上市公司股份回购规则》(以下简称"《回购规则》")、《上海证券交易所上市公 司自律监管指引第7号一一回购股份》(以下简称"《回购指引》")以及《山东南 山铝业股份有限公司章程》(以下简称"《公司章程》")等相关法律、法规及规范 性文件的规定,就公司 2024年三季度利润分配涉及的差异化分红(以下简称"本 次差异化分红")相关事项进行了核查,并出具本法律意见书。 差异化分红相关事项的 法律意见书 中国・北京 二〇二四年十一月 北京浩天律师事务所 HYLANDS LAW FIRM 100020 北京市朝阳区东三环中路5号财富金融中心 12层 12F， Fortune Financial Center, No.5,Dongsanhuan Road, Chaoyang District, Beijing 100020, China Tel: +8 ...

证券代码：600219 证券简称：南山铝业 公告编号：2024-062 山东南山铝业股份有限公司 2024 年三季度权益分派实施公告 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法律责任。 重要内容提示： 每股分配比例 A 股每股现金红利 0.04 元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2024/11/22 | － | 2024/11/25 | 2024/11/25 | 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 经公司 2024 年 9 月 10 日的 2024 年第二次临时股东大会审议通过，授权公司董事会全权 办理公司 2024 年三季度利润分配相关事宜。本次利润分配方案无需提交股东大会审议。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 根据《上市公司股份回购 ...

证券代码：600219 证券简称：南山铝业 公告编号：2024-061 山东南山铝业股份有限公司关于 控股股东解除质押并将部分股权再次质押的公告 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。 重要内容提示： ●截止至披露日，山东南山铝业股份有限公司（以下简称"公司"）控股股 东南山集团有限公司（以下简称"南山集团"）持有公司股份总数为 2,431,356,306 股，约占公司总股本的 20.77%；其一致行动人山东怡力电业有限公司（以下简 称"怡力电业"）持有公司股份总数为 2,581,044,590 股，约占公司总股本的 22.04%。 ●本次股份质押业务完成后，南山集团累计质押其所持有的公司股份 1,311,423,016 股，约占公司总股本的 11.20%，占南山集团所持公司股份的 53.94%； 怡力电业累计质押其所持有的公司股份 575,000,000 股，约占公司总股本的 4.91%， 占怡力电业所持公司股份的 22.28%。 一、上市公司股份质押 公司于近日收到控股股东南山集团的通知，南山集团将其质押给中国民生银 行 ...

股票代码：600219 股票简称：南山铝业 公告编号：2024-059 山东南山铝业股份有限公司 第十一届董事会第十四次会议决议公告 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"本公司"）第十一届董事会第十 四次议于 2024 年 11 月 8 日上午 10 时以现场和通讯相结合的方式召开，公司于 2024 年 10 月 29 日以书面、传真和邮件方式通知了各位参会人员。本次会议应到董事 9 名，实到董 事 9 名，其中，独立董事 3 名，公司监事和高级管理人员列席了会议。会议的召开符合《公 司法》和《公司章程》的有关规定，会议决议合法有效。会议由董事长吕正风先生主持， 经审议表决通过了以下议案： 为满足公司全资子公司南山铝业新加坡有限公司（以下简称"新加坡公司"）贸易融 资需求，公司拟与 United Overseas Bank Limited（以下简称"大华银行"）签署《担保 合同》，为新加坡公司在大华银行申请额度为 2,100 万美元的担保展期。本次担保展期期 限自董事会审议通 ...

证券代码：600219 证券简称：南山铝业 公告编号：2024-060 山东南山铝业股份有限公司关于 为全资子公司南山铝业新加坡有限公司 提供担保展期的公告 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法律责任。 重要内容提示： 被担保人名称：南山铝业新加坡有限公司（以下简称"新加坡公司"）， 为山东南山铝业股份有限公司（以下简称"公司"）全资子公司。 担保金额及已实际为其提供的担保余额：本次为新加坡公司担保金额为 2,100 万美元，本次担保发生后累计为其提供的担保余额为 7,100 万美元。 一、担保情况概述 1、基本情况 为满足公司全资子公司新加坡公司贸易融资需求，公司拟与United Overseas Bank Limited（以下简称"大华银行"）签署《担保合同》，为新加 坡公司在大华银行申请额度为2,100万美元的担保展期。本次担保展期期限自董 事会审议通过后双方有权签字人签署《担保合同》并加盖公章之日起生效，有效 期至2026年12月15日。本次担保不存在反担保情形。 2、审议程序 公司于2024年11月8日召开了第十一 ...

Investment Rating - The report maintains a "Buy" rating for Nanshan Aluminum (600219 SH) [3] Core Views - Nanshan Aluminum's Q3 performance showed strong year-on-year growth, driven by increased volume and prices of alumina [1] - The company's growth is attributed to the rising prices and volumes of its Indonesian alumina project, with domestic and international alumina prices remaining high [1] - The average domestic alumina price in Q3 2024 was 3,916 RMB/ton, up 37 49% YoY, while the international alumina price averaged 505 USD/ton, up 48 96% YoY [1] - Supply-demand dynamics supported strong alumina prices both domestically and internationally, with tight supply due to slow domestic bauxite mine resumption and overseas alumina plant reductions [1] - The company is expanding its overseas footprint with new projects in Indonesia, including an additional 2 million tons of alumina capacity and a 250,000-ton electrolytic aluminum project [2] - Nanshan Aluminum is a key supplier of aviation plates for the domestic C919 aircraft project and is advancing its automotive plate capacity, with 200,000 tons in production and another 200,000 tons under construction [2] - The company announced a cumulative cash dividend ratio of 26 77% for the first three quarters of 2024, with plans to distribute at least 40% of annual distributable profits as cash dividends from 2024 to 2026 [2] Financial Performance - In Q3 2024, the company reported revenue of 8 559 billion RMB, up 19 06% YoY, and net profit attributable to shareholders of 1 301 billion RMB, up 57% YoY [4] - For the first three quarters of 2024, revenue reached 24 226 billion RMB, up 11 7% YoY, and net profit attributable to shareholders was 3 49 billion RMB, up 62 94% YoY [4] - The company's net profit margin for Q3 2024 was 15 20%, with a YoY growth rate of 57% [9] - The company's ROE (diluted) for Q3 2024 was 9 31%, and its free cash flow for the quarter was 1 35 billion RMB [9] Valuation and Forecast - The report raised earnings forecasts for 2024/2025/2026, with expected net profits of 4 63 billion RMB, 5 10 billion RMB, and 5 54 billion RMB, respectively, representing upward revisions of 22 8%, 25 6%, and 24 7% [3] - The current PE ratios for 2024/2025/2026 are 11X, 10X, and 9X, respectively [3] - The company's EPS for 2024/2025/2026 is projected to be 0 40 RMB, 0 44 RMB, and 0 47 RMB, respectively [3] Industry and Market Position - Nanshan Aluminum is a leading integrated player in the aluminum industry, with significant investments in overseas projects and a strong position in high-value-added products like automotive and aviation plates [2] - The company's expansion in Indonesia and its focus on high-end aluminum products position it well to benefit from future growth in the aerospace and automotive sectors [2]

证券代码：600219 证券简称：南山铝业 公告编号：2024-058 山东南山铝业股份有限公司 关于以集中竞价交易方式回购股份的进展公告 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法律责任。 重要内容提示： | 回购方案首次披露日 | 2023/12/14 | | --- | --- | | 回购方案实施期限 | 待股东大会审议通过后 个月 12 | | 预计回购金额 | 元~600,000,000 元 300,000,000 | | 回购用途 | √减少注册资本 □用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | 累计已回购股数 | □为维护公司价值及股东权益 股 72,438,600 | | 累计已回购股数占总股本比例 | 0.62% | | 累计已回购金额 | 元 259,980,549 | | 实际回购价格区间 | 元/股~4.33 元/股 2.75 | 二、 回购股份的进展情况 根据《上市公司股份回购规则》、《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，现将公司 2024 年 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) as of October 30, 2024 [2]. Core Views - The report highlights that the increase in alumina prices has significantly boosted the company's performance, and it is expected that the Q4 performance will be even more impressive due to strong alumina prices [3][4]. - The company has achieved a revenue of 8.559 billion yuan, a year-on-year increase of 19.06%, and a net profit attributable to shareholders of 4.777 billion yuan, reflecting a year-on-year growth of 37.5% for 2024 [1][5]. Financial Performance Summary - For the first three quarters of 2024, the company reported a total revenue of 24.226 billion yuan, which is a 62.94% increase year-on-year [2]. - The company's net profit for Q3 2024 was 1.301 billion yuan, showing a year-on-year increase of 13.01% [2]. - The projected earnings per share (EPS) for 2024, 2025, and 2026 are 0.41, 0.41, and 0.43 yuan respectively, with corresponding price-to-earnings (P/E) ratios of 10.1, 10.1, and 9.6 [1][5]. Market Conditions - The report notes that the alumina price has seen a significant increase, with the FOB price for Australian alumina reaching approximately 507 USD/ton in Q3 2024, a 17.0% increase quarter-on-quarter and a 47.5% increase year-on-year [3]. - The average FOB price for Australian alumina in Q4 2024 (as of October 25) is projected to be 643.6 USD/ton, reflecting a substantial increase of 136 USD per ton compared to Q3 [3]. Shareholder Returns - The company has demonstrated a commitment to shareholder returns by announcing a cash dividend of 0.40 yuan per 10 shares (including tax) for the third quarter, resulting in a cumulative dividend payout ratio of 26.77% for the year [4].

Investment Rating - The report maintains a "Buy" rating for Nanshan Aluminum [1] Core Views - The company reported significant year-on-year growth in its Q3 2024 results, with revenue reaching 8.559 billion yuan, up 19.06%, and net profit attributable to shareholders at 1.301 billion yuan, up 57% [2] - Global bauxite supply remains tight, leading to increased alumina prices, which significantly boosted the company's overseas performance [2] - The company is expanding its upstream electrolytic aluminum production capacity in Indonesia, with plans for an additional 2 million tons of alumina capacity and a 250,000-ton electrolytic aluminum project expected to be operational by 2026 [3] - Nanshan Aluminum has a consistent cash dividend policy, proposing a cash dividend of 0.40 yuan per 10 shares for Q3, totaling 468 million yuan, with a cumulative cash dividend payout ratio of 26.77% for 2024 [3] - Future growth drivers include a focus on high-end aluminum processing products, with expected increases in production capacity for automotive and aerospace applications [4] Summary by Sections Financial Performance - For 2024, the company forecasts total revenue of 35.18 billion yuan, a 21.97% increase year-on-year, and net profit of 5.082 billion yuan, a 46.28% increase [1][4] - The earnings per share (EPS) is projected to be 0.43 yuan for 2024, with a price-to-earnings (P/E) ratio of 8.29 [1][4] Business Expansion - The company is leveraging Indonesia's rich mineral resources and supportive policies to enhance its aluminum industry chain, which is expected to improve overall performance [3] - The expansion projects in Indonesia are anticipated to contribute significantly to the company's revenue and profit growth in the coming years [4] Shareholder Returns - The company plans to distribute at least 40% of its distributable profits as cash dividends annually from 2024 to 2026, indicating a strong commitment to shareholder returns [3]