Core Viewpoint - China Aluminum (601600) announced a capital increase agreement involving its subsidiary Yunnan Aluminum Co., Ltd. and several other companies, totaling RMB 906.45 million [1] Group 1: Capital Increase Details - Yunnan Aluminum will receive a total capital increase of RMB 906.45 million from China Aluminum High-end Manufacturing Co., Ltd., Yunnan Aluminum Co., Ltd., Kunming Copper Co., Ltd., and Yunnan Aluminum Foil Co., Ltd. [1] - China Aluminum High-end will contribute RMB 229 million in cash, Yunnan Aluminum Co. will contribute RMB 500 million in cash, and Kunming Copper will contribute RMB 177.45 million (RMB 89 million in cash and RMB 884.5 million in assets) [1] - Northwest Aluminum will not participate in this capital increase [1] Group 2: Shareholding Structure Post-Increase - After the capital increase, the registered capital of Yunnan Aluminum Foil will rise from RMB 800 million to RMB 1.147 billion [1] - The shareholding structure will be as follows: China Aluminum High-end will hold 68.31%, Northwest Aluminum 9.06%, Yunnan Aluminum Co. 16.70%, and Kunming Copper 5.93% [1] Group 3: Company Relationships - Yunnan Aluminum Co. is a subsidiary of China Aluminum, which is controlled by China Aluminum Group [1] - China Aluminum High-end, Northwest Aluminum, Kunming Copper, and Yunnan Aluminum Foil are all subsidiaries of China Aluminum Group [1]

本次增资完成后，云南铝箔注册资本将由目前的人民币80,000万元增加至人民币114,739.73万元，中铝 高端、西北铝、云铝股份、昆明铜业将分别持有云南铝箔68.31%、9.06%、16.70%和5.93%的股权。 据此，中铝高端、云铝股份、昆明铜业拟以现金或资产向云南铝箔增资共计人民币90,645万元，其中中 铝高端以现金出资人民币22,900万元，云铝股份以现金出资人民币50,000万元，昆明铜业以现金及资产 出资人民币17,745万元(其中以现金出资人民币8,900万元，以资产(包括土地使用权和地上建构筑物以及 相关债权债务)出资人民币8,845万元)，西北铝不参与本次增资。 格隆汇10月27日丨 中国铝业(02600.HK)公告，于2025年10月27日，经公司第九届董事会第五次会议审 议通过，公司附属公司云南铝业股份有限公司("云铝股份")拟与中国铝业集团高端制造股份有限公司、 西北铝业有限责任公司、中铜(昆明)铜业有限公司及中铝铝箔(云南)有限公司订立增资协议。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 自願公告 向雲南鋁箔增資 本 公 告 乃 由 中 國 鋁 業 股 份 有 限 公 司（「本公司」）自 願 作 出。 於2025年10月27日，經 本 公 司 第 九 屆 董 事 會（「董事會」）第 五 次 會 議 審 議 通 過，本 公 司 附 屬 公 司 雲 南 鋁 業 股 份 有 限 公 司（「雲鋁股份」）擬 與 中 國 鋁 業 集 團 高 端 製 造 股 份 有 限 公 司（「中鋁高端」）、西 北 鋁 業 有 限 責 任 公 司（「西 北 鋁」）、中 銅（昆 明）銅 業 有 限 公 司（「昆明銅業」）及 中 鋁 鋁 箔（雲 南）有 限 公 司（「雲南鋁箔」）訂 立 增 資 協 議。據 此，中 鋁 高 端、雲 鋁 股 份、昆 明 銅 業 擬 以現金或資產向雲南鋁箔增資共計人民幣90,645萬 元，其 中 中 鋁 高 端 以 現金出資 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 公 告 重續持續關連交易 (1)與中鋁財務 公 司 訂立新金融服務協議的須予披露 的 交 易 及 持 續 關 連 交 易； (2)與中鋁租賃訂立新融資租賃合作框架協議的 持 續 關 連 交 易；及 (3)與中鋁保理訂立新保理合作框架協議的 持續關連交易 新金融服務協議 茲提述本公司日期為2023年3月21日的公告及日期為2023年5月23日 的 補 充 通 函，內 容 有 關（其 中 包 括）本 公 司 與 中 鋁 財 務 公 司 訂立原金融服 務 協 議，有 效 期 為 自2023年6月20日起至2025年12月31日 止。鑒 於 原 金 融服務協議將於2025年12月31日 到 期，本 公 司 於2025年10月27日 與 中 鋁財務 公 司 續 訂 新 金 融 服 務 協 議。 – 1 – 於本公告日期，中鋁財務 公 司 為本公司 ...

前三季度营收约为1765.15亿元，同比增长1.57%，净利润108.72亿元，同比增长20.65%。 格隆汇10月27日丨中国铝业(02600.HK)公布2025年第三季度报告。营业收入约为人民币601.23亿元，同 比下降4.66%。净利润约为38.01亿元，同比增长90.31%。基本每股收益为0.222元。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 公 告 與中鋁集團之日常性持續關連交易 茲提述本公司日期為2023年3月21日 及2024年10月29日 的 公 告、日 期 為 2023年5月5日 及2024年9月13日 的 通 函、日 期 為2023年5月23日 及2024 年11月4日 的 補 充 通 函，內 容 有 關（其 中 包 括）本 公 司 與 中 鋁 集 團 的 日 常 性 持 續 關 連 交 易。 鑒於日常性持續關連交易將於2025年12月31日 到 期，本 公 司 於2025年 10月27日 與中鋁集團(i)簽 訂 了 附 帶 生 效 條 件 的 新 補 充 協 議，對 社 會 和 生 活 後 勤 服 務 供 應 協 議、產 品 和 服 務 互 供 總 協 議、礦 石 供 應 協 議 和 工 程 設 計、施 工 和 監 理 服 務 供 應 協 議 的 有 效 期 進 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第 13.10B條 作 出。 茲載列中國鋁業股份有限公司在上海證券交易所網站刊登的以下資料全文， 僅 供 參 閱。 承董事會命 中國鋁業股份有限公司 葛小雷 公司秘書 中國‧北京 2025年10月27日 於 本 公 告 刊 發 日 期，董 事 會 成 員 包 括 執 行 董 事 何 文 建 先 生、毛 世 清 先 生 及 蔣 濤 先 生，非 執 行 董 事 李 謝 華 先 生 及 江 皓 先 生，獨 立 非 執 行 董 事 余 勁 松 先 生、陳 遠 秀 女 士 及 李 小 斌 先 生。 * 僅供識別 – 1 – 股 票 代 碼：601600 股 票 簡 稱：中 國 鋁 業 公 告 編 號：臨2025-058 中國鋁業股份有限公司 第九屆董事會第五次會議決議公告 本 公 ...

Financial Performance - Operating revenue for the reporting period was CNY 60,123,601, a decrease of 4.66% compared to the same period last year[8] - Total profit for the reporting period reached CNY 7,527,729, an increase of 64.76% year-on-year[8] - Net profit attributable to shareholders was CNY 3,801,332, reflecting a significant increase of 90.31% compared to the previous year[8] - Basic earnings per share for the reporting period was CNY 0.222, representing a 91.38% increase compared to the same period last year[8] - Net profit attributable to shareholders increased by 64.76% in the reporting period, driven by effective operational strategies and cost control[16] - The total profit for the reporting period reached a growth of 90.31%, reflecting improved sales volume and profitability[16] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 11,115,473, up by 10.42% year-on-year[8] - Cash and cash equivalents increased to CNY 30,331,630 as of September 30, 2025, up from CNY 22,210,452 at the end of 2024, showing improved liquidity[28] - Cash flow from operating activities for the first three quarters of 2025 was CNY 25,380,218, an increase from CNY 23,613,076 in 2024, showing a rise of about 7.5%[35] - The net increase in cash and cash equivalents for the first three quarters of 2025 was CNY 8,166,338 thousand, compared to CNY 3,098,348 thousand in the same period of 2024, indicating a growth of 163.5%[40] - Cash inflow from financing activities totaled CNY 11,209,982 thousand in the first three quarters of 2025, compared to CNY 9,525,439 thousand in the same period of 2024, representing an increase of 17.7%[39] - Net cash flow from financing activities was negative CNY 9,164,513 thousand in the first three quarters of 2025, an improvement from negative CNY 19,260,772 thousand in the same period of 2024[39] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 230,398,939, an increase of 6.70% from the previous year[10] - Total liabilities increased to CNY 106,853,962 in 2025 from CNY 103,886,153 in 2024, suggesting a rise in financial obligations[30] - Total assets as of September 30, 2025, amounted to CNY 136,249,718 thousand, up from CNY 132,702,435 thousand at the end of 2024, reflecting a growth of 2.1%[42] - Total liabilities reached CNY 81,870,137 thousand as of September 30, 2025, compared to CNY 78,729,409 thousand at the end of 2024, representing a rise of 2.9%[43] - The company’s total liabilities to equity ratio improved to 1.51 as of September 30, 2025, compared to 1.46 at the end of 2024, indicating a slight increase in leverage[43] Shareholder Information - Equity attributable to shareholders increased to CNY 73,406,524, up by 6.09% year-on-year[10] - The total number of common shareholders at the end of the reporting period was 356,252[18] - The largest shareholder, China Aluminum Group, holds 5,235,235,416 shares, accounting for 30.52% of total shares[19] - The company plans to increase its shareholding by no less than RMB 1 billion and no more than RMB 2 billion within 12 months[24] - As of the end of the reporting period, the cumulative increase in shares by China Aluminum Group and its concerted actions amounted to 193,029,583 shares, approximately 1.13% of total shares[24] Production and Sales - The production of metallurgical-grade alumina was 1,304,000 tons, a year-on-year increase of 3.74%[17] - The output of primary aluminum (including alloys) was 600,000 tons, representing a 6.76% increase compared to the previous year[17] - The external sales volume of self-produced metallurgical alumina reached 491,000 tons, up by 2.94% year-on-year[17] - The power generation from external sales reached 128 billion kWh, marking a 7.56% increase compared to the previous year[17] - The company reported a total revenue from sales of goods and services of CNY 153,151,695 for the first three quarters of 2025, slightly up from CNY 152,480,509 in 2024[35] Research and Development - Research and development expenses rose to CNY 2,821,906 in 2025, compared to CNY 2,486,695 in 2024, reflecting a focus on innovation[32] - Research and development expenses for the first three quarters of 2025 were CNY 81,787 thousand, down 25% from CNY 108,920 thousand in 2024[46] Financial Management - The company reported a decrease in financial expenses to CNY 1,660,836 in 2025 from CNY 2,106,391 in 2024, indicating improved cost management[32] - The company reported a decrease in financial expenses to CNY 932,456 thousand in 2025 from CNY 1,007,250 thousand in 2024, indicating improved cost management[46] - The company’s investment income increased to CNY 981,897 in 2025, up from CNY 739,514 in 2024, highlighting better returns on investments[32] - The company achieved investment income of CNY 3,405,757 thousand in the first three quarters of 2025, a decrease of 9.52% from CNY 3,764,595 thousand in 2024[46]

Core Viewpoint - China Aluminum's Q3 2025 performance report highlights strong growth in profits and effective management of the supply chain, showcasing the company's robust operational capabilities and strategic initiatives [1][2]. Financial Performance - Total profit reached 20.775 billion yuan, a year-on-year increase of 18.47% - Net profit was 17.296 billion yuan, up 15.15% year-on-year - Net profit attributable to shareholders was 10.872 billion yuan, reflecting a 20.65% increase year-on-year - The asset-liability ratio stood at 46.38%, down 1.73 percentage points from the beginning of the year [1]. Operational Efficiency - The company enhanced supply chain management and established a dynamic cost control system to address industry supply-demand adjustments and aluminum price fluctuations - Mining volume and shipment of overseas bauxite increased by 27.9% and 55.3% respectively year-on-year - Core products like bauxite and electrolytic aluminum maintained stable and high production levels, with continuous optimization of economic and technical indicators [1]. Strategic Initiatives - The company accelerated the iteration and upgrading of traditional industries, achieving key breakthroughs in major projects - The Qinghai branch's 600kA electrolytic aluminum project was fully commissioned, and the Baotou Aluminum's 1.2 million kW green electricity project achieved full capacity grid connection - The company is focusing on integrating production, supply, sales, research, and finance to enhance market competitiveness [2]. Recognition and Future Outlook - The company received widespread market and investor recognition, with institutions issuing "buy" and "recommend" ratings - MSCI upgraded its ESG rating from B to BB, achieving an A grade in ESG ratings - The company won six awards at the "6th Panoramic Investor Relations Gold Award," highlighting its excellence in investor relations and corporate governance - Moving forward, the company aims to achieve its annual targets through precise cost control and sustainable value creation [2].

Company Announcements - Tongfu Microelectronics reported a net profit growth of 95.08% in Q3, with revenue of 7.08 billion yuan, up 17.94% year-on-year [1] - Guizhou Moutai's chairman Zhang Deqin resigned, with Chen Hua recommended as the new chairman [3] - Victory Shares is planning to acquire gas-related assets controlled by its major shareholder, leading to a stock suspension [3] - Northern Rare Earth's net profit increased by 280% in the first three quarters, driven by higher sales volume [5] - China Nuclear Engineering signed contracts for the construction of the Haiyang Nuclear Power Units 5 and 6 [5] - Kingsoft Office's net profit grew by 35.42% in Q3, with WPS 365 revenue increasing by 71.61% [6] - Postal Savings Bank received approval to establish a financial asset investment company with a registered capital of 10 billion yuan [8] - West Mining's subsidiary won exploration rights for a copper polymetallic mine for 8.609 billion yuan [4] Financial Performance - High德红外 reported a net profit increase of 1059% in Q3, with revenue of 1.134 billion yuan, up 71.07% year-on-year [17] - Purtai's net profit grew by 69% in Q3, supported by strong demand in the power and energy storage battery markets [18] - Yubo Technology's net profit surged by 384% in the first three quarters, driven by rapid growth in AIDC market orders [14] - Sichuan Gold's net profit increased by 184% in Q3, attributed to rising gold prices [16] - Hailey Wind Power's net profit skyrocketed by 779% in Q3, with revenue up 134.73% [7] - Huazhi Technology's net profit rose by 51% in Q3, mainly due to business expansion [5] Strategic Investments - Zhenyu Technology plans to invest 2.11 billion yuan in humanoid robot precision module and component projects [9] - China Aluminum's subsidiary plans to invest 500 million yuan in Yunnan Aluminum Foil [20] - Zhongfu Industrial intends to invest 356 million yuan in a new energy aluminum foil project [19] - Kaishan Group signed contracts for an 800 million USD green ammonia project in Kenya [19]