人民财讯1月20日电，中孚实业（600595）1月20日公告，预计2025年年度实现归属于母公司所有者的净 利润为15.5亿元—17亿元，同比增加120.27%—141.59%。公司本期业绩增长主要系电解铝业务成本下降 及销售价格上涨影响。 ...

中孚实业1月20日公告，经财务部门初步测算，公司预计2025年年度实现归属于母公司所有者的净利润 为15.5亿元—17亿元，与上年同期相比，将增加8.46亿元到9.96亿元，同比增加120.27%—141.59%。 ...

每经AI快讯，1月20日，中孚实业（600595）(600595.SH)发布2025年度业绩预告，预计归属于上市公司 股东的净利润为15.50亿元~17.00亿元，与上年同期相比增加120.27%~141.59%。报告期内，公司持续开 展降本增盈和管理提升等相关工作。公司本期业绩增长主要系受电解铝业务成本下降及销售价格上涨影 响。 ...

Core Viewpoint - The successful commissioning of the 107.12MW/428.48MWh green hydropower aluminum user-side energy storage project marks a significant step in the transformation of the green energy sector in Guangyuan, aiming to establish it as "China's Green Aluminum Capital" [2] Group 1: Project Overview - The energy storage project is a collaboration between leading companies Penghui Energy and Zhongfu Industrial, with Sichuan Zefeng Power Design Co., Ltd. responsible for the EPC contracting [2] - The project commenced construction on July 30, 2025, and was completed within a hundred days, overcoming challenges such as soft geological conditions and continuous rainfall [2] Group 2: Technical Specifications - The energy storage station has a charging and discharging power of 107.12 MW and a maximum storage capacity of 428.48 MWh, supplying all stored electricity directly to the Sichuan Zhongfu aluminum production system [3] - The project is expected to reduce electricity costs for Sichuan Zhongfu by approximately 140 RMB per ton of electrolytic aluminum, leading to annual savings of over 60 million RMB [3] Group 3: Economic and Environmental Benefits - The energy storage station enhances the operational efficiency and stability of the regional power system, ensuring a balance between electricity supply and demand [3] - It is projected to save approximately 19,700 tons of standard coal and reduce carbon dioxide emissions by about 52,000 tons annually, setting a benchmark for low-carbon transformation in high-energy industries [3] Group 4: Future Plans - Penghui Energy plans to deepen collaboration with enterprises in the Guangyuan aluminum industry, focusing on the construction of a "zero-carbon park" during the 14th Five-Year Plan period [4] - The company aims to invest in projects such as photovoltaic power generation, wind power, charging and swapping stations, energy storage stations, smart microgrids, and green electricity direct connections [4] - The ultimate goal is to establish a regional intelligent microgrid characterized by clean, low-carbon, safe, controllable, flexible, efficient, and friendly interactions, contributing to the national new power system construction [4]

截至发稿，朱运累计任职时间1年62天，现任基金资产总规模16.19亿元，任职期间最佳基金回报 79.03%， 任职期间最差基金回报79.03%。 数据显示，易方达基金旗下1只基金重仓中孚实业。易方达资源行业混合（110025）三季度增持100.85 万股，持有股数883.02万股，占基金净值比例为2.83%，位居第九大重仓股。根据测算，今日浮盈赚取 约432.68万元。 易方达资源行业混合（110025）成立日期2011年8月16日，最新规模16.18亿。今年以来收益9.23%，同 类排名1438/9009；近一年收益79.03%，同类排名557/8164；成立以来收益139%。 易方达资源行业混合（110025）基金经理为朱运。 1月19日，中孚实业涨5.24%，截至发稿，报9.85元/股，成交2.35亿元，换手率0.62%，总市值394.78亿 元。 资料显示，河南中孚实业股份有限公司位于河南省巩义市新华路31号，成立日期1997年1月28日，上市 日期2002年6月26日，公司主营业务涉及煤炭开采、火力发电、电解铝和铝精深加工产品的生产、销售 及技术研发。主营业务收入构成为：有色金属94.76%，电力9 ...

Core Viewpoint - The article emphasizes the importance of selecting stocks based on three criteria: high capacity-to-market value ratio, ability to expand overseas, and the current bottoming of alumina prices, suggesting a focus on companies with high self-sufficiency in alumina amid potential supply disruptions [1][3][4] Supply Side - Global supply elasticity is decreasing and vulnerability is increasing due to factors such as peak domestic capacity in China, energy constraints in Europe and the US, and power supply issues in Indonesia, leading to a projected global supply CAGR of 1.4% from 2025 to 2030 [3][5] - China's electrolytic aluminum production capacity is nearing its limit, with a forecasted production of 4,430 million tons in 2025, reflecting a growth rate of only 2.4% [9] - The US and Europe face challenges in restoring electrolytic aluminum capacity due to high energy costs and tight power supplies, which will slow down recovery and limit new capacity [10][11] - Indonesia is expected to contribute significantly to future global electrolytic aluminum growth, but power supply constraints will hinder rapid capacity release [13][16] Demand Side - Global aluminum demand is projected to grow at a CAGR of 2.3% from 2025 to 2030, driven by traditional demand recovery and emerging sectors like energy storage and data centers [18][22] - Traditional demand is expected to benefit from fiscal and monetary easing, with a projected decrease in the real estate sector's contribution to aluminum demand [22][23] - New industries, particularly energy storage and data centers, are becoming significant drivers of aluminum demand, with projected CAGRs of 26% and 13% respectively from 2025 to 2030 [26][30] Cost Factors - Alumina prices are expected to rebound due to supply-side constraints and policy changes in Guinea, despite current oversupply conditions [36][38] - The energy transition is anticipated to lower the costs of green electricity for electrolytic aluminum production, although short-term carbon taxes may raise energy costs [40][56] - Coal prices are expected to remain low, which will help suppress the costs of thermal power generation for electrolytic aluminum [41] Growth Opportunities - The Chinese aluminum industry is accelerating its overseas expansion due to domestic resource shortages and capacity constraints, with significant investments in regions like Guinea and Southeast Asia [42][45] - Guinea is highlighted as a key player in the alumina market, with plans to enhance local processing capabilities and attract investment [46] - Indonesia is emerging as a major hub for the aluminum industry, supported by government policies aimed at developing its domestic aluminum value chain [47] - Angola's rich hydropower resources and supportive policies are attracting investments in electrolytic aluminum production [48][49] - The Middle East is positioned as a cost-competitive region for aluminum production due to its abundant natural gas resources [50][51] Price Outlook - The electrolytic aluminum sector is expected to experience a revaluation as supply constraints and rising demand support higher aluminum prices, with potential for significant profit expansion [52][55] - The article suggests that the sector is transitioning from a purely cyclical nature to one that also includes dividend stability, making it an attractive investment opportunity [58]

1 中孚实业 河南中孚实业股份有限公司 2026 年第一次临时股东会会议资料 二〇二六年一月 | | | 河南中孚实业股份有限公司 2026 年第一次临时股东会会议议程 一、会议时间： 现场会议时间：2026年1月26日 15:00 网络投票时间：2026年1月26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。 二、现场会议地点：公司会议室 三、主 持 人：公司董事长 马文超先生 参会人员：公司股东和股东代表、董事、高级管理人员及见证律师 四、会议议程： （五）现场参会股东及股东代表对会议审议议案进行投票表决； （六）休会，统计表决票，宣布表决结果； （七）见证律师就本次股东会出具法律意见书； （八）主持人宣布会议结束。 3 （一）主持人宣布会议开始，介绍参会股东、股东代表人数和代表股份 数； （二）提名并通过本次股东会监票人、计票人、唱票人名单； （三）审议议案： 1、关于制定《河南中孚实业股份有限公司董事及高级管理人 ...

Group 1 - The core viewpoint of the article highlights the growth in China's primary aluminum (electrolytic aluminum) production, with a reported output of 3.79 million tons in November 2025, reflecting a year-on-year increase of 2.5% [1] - Cumulative production from January to November 2025 reached 41.165 million tons, also showing a growth of 2.5% compared to the previous year [1] - The article references a report by Zhiyan Consulting, which outlines the development strategy and investment opportunities in the Chinese primary aluminum industry from 2026 to 2032 [1] Group 2 - The listed companies in the aluminum sector include China Aluminum (601600), Nanshan Aluminum (600219), Yun Aluminum (000807), Xinjiang Zhonghe (600888), Shenhuo Holdings (000933), Zhongfu Industrial (600595), Jiaozuo Wanfang (000612), Dongyangguang (600673), Tianshan Aluminum (002532), and Minfa Aluminum (002578) [1] - The data presented is sourced from the National Bureau of Statistics and organized by Zhiyan Consulting, indicating the reliability of the statistics [1]

Group 1 - Precious metals have shown active performance, with spot silver rising over 7% and reaching a historical high of $93 per ounce, while spot gold has also set a new record at $4,643 per ounce [1] - Huafu Securities noted that escalating regional conflicts have led to fluctuations in gold prices, with deteriorating U.S. manufacturing activity and unexpectedly weak employment data providing key support for gold prices, reinforcing market expectations for further easing policies from the Federal Reserve [1] - As of January 15, 2026, the National Securities Nonferrous Metals Industry Index (399395) surged by 3.59%, with constituent stocks such as Huaxi Nonferrous Metals up 8.54%, Huayou Cobalt up 8.23%, and Chihong Zn & Ge up 7.82% [1] Group 2 - The top ten weighted stocks in the National Securities Nonferrous Metals Industry Index (399395) as of December 31, 2025, include Zijin Mining, Luoyang Molybdenum, Northern Rare Earth, Huayou Cobalt, China Aluminum, Ganfeng Lithium, Yun Aluminum, Shandong Gold, Zhongjin Gold, and Tianqi Lithium, collectively accounting for 51.65% of the index [2] - The Nonferrous ETF Penghua (159880) closely tracks the National Securities Nonferrous Metals Industry Index, which selects 50 securities with significant scale and liquidity in the nonferrous metals sector, reflecting the overall performance of listed companies in this industry [1][2]

Core Viewpoint - The report highlights the growth of China's alumina production, indicating a significant increase in output and projecting future trends in the industry [1] Group 1: Industry Overview - As of November 2025, China's alumina production reached 8.14 million tons, reflecting a year-on-year growth of 7.6% [1] - From January to November 2025, the cumulative alumina production in China totaled 84.657 million tons, marking an 8.4% increase compared to the previous year [1] Group 2: Companies Involved - Listed companies in the alumina sector include China Aluminum (601600), Tianshan Aluminum (002532), Nanshan Aluminum (600219), Yun Aluminum (000807), Shenhuo Co. (000933), Zhongfu Industrial (600595), Jiaozuo Wanfang (000612), Hongchuang Holdings (002379), Minfa Aluminum (002578), and Ningbo Fubang (600768) [1] Group 3: Research and Analysis - The report titled "Analysis of Development Models and Future Prospects of China's Alumina Industry from 2026 to 2032" was published by Zhiyan Consulting, a leading industry consulting firm in China [1] - Zhiyan Consulting has over a decade of experience in industry research, providing in-depth reports, business plans, feasibility studies, and customized services [1]