Core Viewpoint - Xinjiang Zhonghe (600888.SH) announced that from January 13, 2026, to January 28, 2026, its stock price must not be lower than 130% of the current conversion price of "Zhonghe Convertible Bonds" at 6.65 CNY/share, which is 8.65 CNY/share, for 10 trading days [1] Summary by Sections - Conditional Redemption Trigger: If the stock price remains above 8.65 CNY/share for 5 out of the next 18 trading days, it will trigger the conditional redemption clause of the "Zhonghe Convertible Bonds" [1] - Redemption Terms: The company's board has the authority to decide to redeem all or part of the unconverted convertible bonds at face value plus accrued interest, as per the prospectus [1]

| 证券代码：600888 | 证券简称：新疆众和 | 编号：临 | 2026-003 | 号 | | --- | --- | --- | --- | --- | | 债券代码：110094 | 债券简称：众和转债 | | | | 新疆众和股份有限公司关于"众和转债"预计满足赎 回条件的提示性公告 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法律责任。 重要内容提示： 自 2026 年 1 月 13 日起至 2026 年 1 月 28 日，新疆众和股份有限公司（以 下简称"新疆众和"或"公司"）股票已有 10 个交易日的收盘价不低于 "众和转债"当期转股价格 6.65 元/股的 130%（8.65 元/股）。若在未 来连续 18 个交易日内，公司股票仍有 5 个交易日的收盘价不低于 8.65 元/股，将触发"众和转债"的有条件赎回条款，届时根据《新疆众和 股份有限公司向不特定对象发行可转换公司债券募集说明书》（以下简 称"《募集说明书》"）的约定，公司董事会有权决定按照债券面值加上 当期应计利息的价格赎回全部或部分未转股的可转债。 一 ...

Core Viewpoint - The aluminum alloy industry in China is projected to experience significant growth, with a notable increase in production and market dynamics from 2025 to 2032 [1] Industry Overview - According to the National Bureau of Statistics, China's aluminum alloy production is expected to reach 1.83 million tons by December 2025, representing a year-on-year growth of 13.7% [1] - Cumulative aluminum alloy production in China for 2025 is forecasted to be 19.297 million tons, reflecting a cumulative growth of 15.8% [1] Market Research - The report titled "2026-2032 China Aluminum Alloy Industry Market Operation Pattern and Prospect Strategic Analysis Report" by Zhiyan Consulting provides insights into the operational landscape and future strategies of the aluminum alloy market in China [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research and offering comprehensive consulting services for investment decisions [1]

Core Viewpoint - Xinjiang Zhonghe (600888) stated that its electronic aluminum foil and electrode foil products are priced based on market conditions and do not have a direct linkage to aluminum prices, despite rising costs of high-purity aluminum due to increased aluminum prices [1] Group 1 - The company’s pricing strategy for electronic aluminum foil and electrode foil is independent of aluminum price fluctuations [1] - The rise in aluminum prices has led to increased costs for high-purity aluminum, prompting the company to negotiate adjustments with customers [1]

格隆汇1月26日丨新疆众和(600888.SH)在投资者互动平台表示，公司未向火箭生产企业提供产品。 ...

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 - The core viewpoint of the articles highlights the growth in China's aluminum alloy production, with a reported output of 1.74 million tons in November 2025, representing a year-on-year increase of 17% [1] - Cumulative aluminum alloy production from January to November 2025 reached 17.456 million tons, showing a cumulative growth of 15.8% [1] - The articles reference a strategic analysis report by Zhiyan Consulting, which outlines the market operation pattern and prospects of the aluminum alloy industry in China from 2026 to 2032 [1] Group 2 - The data source for the production statistics is the National Bureau of Statistics, with the information compiled by Zhiyan Consulting [2] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [2] - The firm emphasizes its commitment to providing comprehensive industry solutions to empower investment decisions through professional insights and market intelligence [2]

| 证券代码：600888 | 证券简称：新疆众和 | 编号：临 | 2026-001 | 号 | | --- | --- | --- | --- | --- | | 债券代码：110094 | 债券简称：众和转债 | | | | 新疆众和股份有限公司关于 2025 年第四季度可转债 转股结果暨股份变动的公告 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： 累计转股情况： 截至 2025 年 12 月 31 日，累计共有 380,619,000 元"众和转债"转换为 新疆众和股份有限公司（以下简称"公司"）股票，累计因转股形成的股份 数量为 54,534,356 股，占"众和转债"转股前（2023 年 12 月 31 日）公司 已发行股份总额的 4.04%。 未转股可转债情况： 截至 2025 年 12 月 31 日，尚未转股的"众和转债"金额为 994,332,000 元，占公司可转债发行总额的 72.32%。 本季度转股情况： 自 2025 年 10 月 1 日至 2025 年 12 月 31 日期间，共有 ...

| | | 新疆众和股份有限公司关于 2021 年限制性股票与股票期权激励计划 2025 年第四季度自主行权结果暨股份变动的公告 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： 一、本次股票期权行权的决策程序及相关信息披露 1、2021 年 9 月 10 日，公司召开了第八届董事会 2021 年第四次临时会议、 第八届监事会 2021 年第三次临时会议，审议通过了《公司 2021 年限制性股票与 股票期权激励计划（草案）》及其摘要（以下简称"《激励计划（草案）》"）、 《公司 2021 年限制性股票与股票期权激励计划实施考核管理办法》（以下简称 "《考核办法》"）、《关于提请股东大会授权董事会办理公司 2021 年限制性 股票与股票期权激励计划相关事宜的议案》及《关于核实<公司 2021 年限制性股 票与股票期权激励计划激励对象名单>的议案》等有关事项。2021 年 9 月 28 日， 公司 2021 年第四次临时股东大会审议通过了上述事项。 2、2024 年 8 月 29 日，公司召开第九届董事会第七次会议和 ...

Group 1 - Xinjiang Zhonghe's stock increased by 1.1%, reaching 8.28 CNY per share, with a trading volume of 1.25 billion CNY and a turnover rate of 1.09%, resulting in a total market capitalization of 11.623 billion CNY [1] - Xinjiang Zhonghe Co., Ltd. is located in Urumqi, Xinjiang, and was established on February 13, 1996, with its listing date on February 15, 1996. The company specializes in the production and sales of high-purity aluminum, electronic aluminum foil, and other aluminum products [1] - The main business revenue composition includes: alloy products 39.49%, high-purity aluminum 18.16%, electrode foil 14.49%, electronic aluminum foil 9.34%, aluminum products 9.05%, and other 5.30% [1] Group 2 - Southern Fund's Southern CSI 1000 ETF (512100) is among the top ten circulating shareholders of Xinjiang Zhonghe, having reduced its holdings by 66,600 shares in the third quarter, now holding 7.7105 million shares, which is 0.55% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 76.63 billion CNY, achieving a year-to-date return of 29.2% and a one-year return of 24.73% [2]