云铝股份 证券代码：000807 证券简称：云铝股份 公告编号：2024-051 云南铝业股份有限公司 第九届董事会第七次会议决议公告 根据《公司法》、《证券法》、《深圳证券交易所股票上市规则》、《深圳证券交易 所上市公司自律监管指南第 2 号——公告格式》等相关要求，结合公司实际生产经营情况， 公司编制了《云南铝业股份有限公司 2024 年第三季度报告》。本议案在提交董事会审议 前已经公司董事会审计委员会审议通过。具体内容详见公司在指定信息披露媒体上披露的 《云南铝业股份有限公司 2024 年第三季度报告》（公告编号：2024-052）。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或 重大遗漏。 一、董事会会议召开情况 （一）云南铝业股份有限公司（以下简称"云铝股份"或"公司"）第九届董事会第 七次会议通知于 2024 年 10 月 15 日（星期二）以书面、传真或电子邮件的方式发出。 （二）会议于 2024 年 10 月 25 日（星期五）以通讯方式召开。 （三）会议应出席董事 11 人，实际出席董事 11 人。 （四）公司第九届董事会第七次会议的召开符合《公司法》 ...

云铝股份 云南铝业股份有限公司 2024 年第三季度报告 □是 否 证券代码：000807 证券简称：云铝股份 公告编号：2024-052 云南铝业股份有限公司 2024 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或 重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述 或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准 确、完整。 3.第三季度报告是否经审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|-------------------------|--------------------------|---- ...

云铝股份 证券代码：000807 证券简称：云铝股份 公告编号：2024-053 云南铝业股份有限公司 关于使用自有资金开展保本型现金管理业务的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或者重 大遗漏。 鉴于云南铝业股份有限公司（以下简称"云铝股份"或"公司"）近年来经营业绩提升， 债务规模下降，现金流较为充裕，为进一步提高资金使用效率，盘活余量资金，公司将使用 自有资金开展保本型现金管理业务，在任一时点内用于保本型现金管理业务的资金余额不超 过人民币 30 亿元。 2024 年 10 月 25 日，公司召开第九届董事会第七次会议审议了《关于使用自有资金开展 保本型现金管理业务的议案》，会议以 11 票同意，0 票反对，0 票弃权审议通过本议案。同 时，授权公司董事长或董事长授权的其他人士具体负责办理与保本型现金管理业务相关的事 宜及签署相关文件。该议案无需提交公司股东大会审议。 一、交易情况概述 （一）业务开展目的：提高公司资金使用效率，盘活余量资金，降低财务费用。 （二）业务金额：任一时点内公司用于保本型现金管理业务的资金余额不超过人民币 30 亿元，可在该额 ...

监事签字： 梁鸣鸿 皇甫智伟 李昌浩 王 琳 骆灵芝 云南铝业股份有限公司监事会 2024 年 10 月 25 日 云南铝业股份有限公司监事会 关于 2024 年第三季度报告的审核意见 云南铝业股份有限公司监事会对公司 2024 年第三季度报告进行审核后认为：董事会编制 和审议公司 2024 年第三季度报告的程序符合法律、行政法规及中国证监会的规定，报告内容 真实、准确、完整地反映了上市公司的实际情况，不存在任何虚假记载、误导性陈述或者重 大遗漏。 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [2]. Core Views - The company is a leading integrated green aluminum producer in China, with over 40 years of experience in the aluminum industry, and has established a comprehensive green industrial chain [2][6]. - The domestic bauxite resource is relatively scarce, and the electrolytic aluminum production capacity is nearing its ceiling, which limits further expansion [2][46]. - The company possesses superior bauxite resources, leading to significant profit advantages in electrolytic aluminum production [2][67]. - The financial forecast estimates revenues of 48.7 billion, 51.7 billion, and 55 billion yuan for 2024, 2025, and 2026 respectively, with net profits of 4.9 billion, 5.4 billion, and 5.8 billion yuan, corresponding to EPS of 1.40, 1.56, and 1.68 yuan per share [2]. Summary by Sections 1. Company Overview - Yunnan Aluminum Co., Ltd. has evolved from Yunnan Aluminum Plant, founded in 1970, to a key player in the national aluminum industry, becoming a "National Environmentally Friendly Enterprise" and a national green factory [2][6]. - As of mid-2024, the company has established a production capacity of 1.4 million tons of alumina, 3.05 million tons of green aluminum, 1.6 million tons of aluminum alloys and processing products, and 820,000 tons of carbon products [2][6]. 2. Industry Context - China's bauxite resources are limited, with the top five countries holding about 71% of global reserves, leading to a high dependency on imports [2][46]. - The electrolytic aluminum production capacity in China is capped at approximately 45 million tons, with current utilization rates exceeding 95% [2][58]. 3. Resource and Production Advantages - The company has a bauxite production capacity of 2.64 million tons per year, with a self-sufficiency rate of about 25% for bauxite and 30% for alumina [2][67]. - The production of electrolytic aluminum is highly profitable, with a profit margin of approximately 3100 yuan per ton compared to 2200 yuan for externally sourced aluminum [2][75]. 4. Financial Performance - In the first half of 2024, the company achieved a revenue of 24.6 billion yuan, a year-on-year increase of 39%, and a net profit of 2.5 billion yuan, up 66% from the previous year [2][34]. - The company's financial metrics show a declining trend in expense ratios and debt levels, indicating improved operational efficiency [2][38].

Financial Performance Forecast - The expected net profit attributable to shareholders for the first three quarters of 2024 is projected to be between 3.8 billion RMB and 3.85 billion RMB, representing a year-on-year increase of 51.70% to 53.69% compared to approximately 2.5 billion RMB in the same period last year[3]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for the first three quarters of 2024 is projected to be between 3.65 billion RMB and 3.7 billion RMB, reflecting a year-on-year growth of 47.51% to 49.53% compared to approximately 2.47 billion RMB last year[3]. - The basic earnings per share for the first three quarters of 2024 is expected to be between 1.10 RMB and 1.11 RMB, compared to 0.722 RMB in the same period last year[3]. - For the third quarter of 2024, the expected net profit attributable to shareholders is projected to be between 1.28 billion RMB and 1.33 billion RMB, indicating a year-on-year increase of 29.29% to 34.34% compared to approximately 990 million RMB last year[4]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for the third quarter of 2024 is projected to be between 1.26 billion RMB and 1.31 billion RMB, with a year-on-year growth of 28.08% to 33.17% compared to approximately 983 million RMB last year[4]. Operational Improvements - The company has accelerated the resumption of electrolytic aluminum production capacity, achieving full-load production in the third quarter, which significantly contributed to the increase in sales volume and revenue[6]. - The company has implemented cost reduction and efficiency enhancement measures, alongside increased marketing efforts, leading to substantial growth in aluminum product sales[6]. Financial Reporting and Risk Awareness - The financial data provided in the earnings forecast has not been audited by the accounting firm, and the final financial data will be disclosed in the company's third-quarter report for 2024[7]. - The earnings forecast period covers January 1, 2024, to September 30, 2024[2]. - The company emphasizes the importance of investor awareness regarding investment risks based on preliminary financial estimates[7].

云铝股份 证券代码：000807 证券简称：云铝股份 公告编号：2024-049 云南铝业股份有限公司 2024 年中期利润分配实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述 或重大遗漏。 云南铝业股份有限公司（以下简称"云铝股份"或"公司"）2024 年中期利润分配 方案已获 2024 年 9 月 12 日召开的 2024 年第二次临时股东大会审议通过，现将利润分 配方案实施事宜公告如下： 一、股东大会审议通过利润分配方案的情况 （一）公司股东大会审议通过的 2024 年中期利润分配方案为：以公司现有总股本 3,467,957,405 股为基数，向全体股东每 10 股派发现金红利人民币 2.3 元（含税），共 派发现金红利人民币 797,630,203.15 元（含税），占 2024 年半年度合并报表归属于上 市公司股东的净利润的比例为 31.67%。本次分配不进行资本公积金转增股本，不送红股。 本次分配预案公告后至实施期间，如公司股本发生变化，公司拟保持分配总额不变， 按照调整每股分配比例的原则进行相应调整。 （二）本次利润分配方案自披露至实施期间公司股本总额 ...

Investment Rating - Buy (Maintained) [2] Core Views - The company's electrolytic aluminum business has seen both volume and price increases, contributing to significant revenue and profit growth in H1 2024 [4] - The company's first interim dividend distribution and increased dividend ratio enhance its long-term investment value [6] - The company's green aluminum production capacity and low-cost electricity in Yunnan provide a competitive advantage in the context of carbon neutrality [23][26] Company Overview - The company has been operating in the electrolytic aluminum industry for over 50 years, focusing on green aluminum integration [10] - Backed by Chinalco Group, the company benefits from synergies in raw material procurement and financing [11] - The company has built a complete aluminum industry chain through subsidiaries, covering bauxite mining, alumina production, electrolytic aluminum smelting, and aluminum processing [12] Financial Performance - In H1 2024, the company achieved revenue of RMB 24.65 billion, a YoY increase of 39%, and net profit of RMB 2.52 billion, a YoY increase of 66% [4] - The company's electrolytic aluminum production in H1 2024 reached 1.35 million tons, a YoY increase of 39%, driven by improved power supply in Yunnan [5] - The company's gross margin and net margin are expected to improve from 2024 to 2026, with ROE projected to remain above 15% [7] Industry and Market Analysis - The company has 3.05 million tons of green aluminum production capacity, ranking first in Yunnan and accounting for 7% of China's total electrolytic aluminum capacity [20] - Under the carbon neutrality policy, green aluminum has a significant cost advantage, with the company's green electricity ratio reaching 80% in 2023 [23] - Yunnan's electricity prices are among the lowest in China, providing a cost advantage for the company's electrolytic aluminum production [26] Future Outlook - The company is expected to achieve net profits of RMB 4.95 billion, RMB 5.62 billion, and RMB 5.93 billion in 2024, 2025, and 2026, respectively, with EPS of RMB 1.43, RMB 1.62, and RMB 1.71 [4] - The company's electrolytic aluminum production is expected to reach 2.75 million, 2.81 million, and 2.90 million tons in 2024, 2025, and 2026, respectively [34] - The aluminum price is expected to remain high, with a projected average price of RMB 19,800/ton, RMB 20,000/ton, and RMB 20,000/ton in 2024, 2025, and 2026, respectively [35]

云铝股份 证券代码：000807 证券简称：云铝股份 公告编号：2024-048 云南铝业股份有限公司 2024 年第二次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或者重 大遗漏。 特别提示： 1.本次股东大会未出现否决提案的情形。 2.本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 1.现场会议召开时间为：2024 年 9 月 12 日（星期四）上午 10:00 2.网络投票时间为：2024 年 9 月 12 日上午 09:15-下午 15:00 其中，通过深圳证券交易所交易系统进行网络投票的具体时间为：2024 年 9 月 12 日上 午 09:15-09:25，09:30-11:30 和下午 13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为：2024 年 9 月 12 日上午 09:15-下午 15:00。 （一）召开时间 （二）现场会议召开地点：云南铝业股份有限公司（以下简称"云铝股份"或"公司"） 一楼会议室。 （三）会议召开方式：本次股东大会采用现场表决与网络投票相结合的方式。公司通过 ...

云南海合律师事务所 见证意见书 云南海合律师事务所 关于云南铝业股份有限公司 2024 年第二次临时股东大会的 见 证 意 见 书 海合综（2024）第【837】号 云南铝业股份有限公司： 依照贵公司与本所签订的《常年法律顾问服务合同》，本 所指派郭晓龙、周张悦律师出席贵公司于 2024 年 9 月 12 日召 开的 2024 年第二次临时股东大会（以下简称：本次大会）。本 所律师基于对本次大会的现场见证，依据《公司法》、《证券 法》、《上市公司股东大会规则》等法律、法规的规定，按照 《律师事务所从事证券法律业务管理办法》和《律师事务所证 券法律业务执业规则（试行）》，就本次大会的相关事项发表 见证意见如下： 一、本次大会的召集及通知 本次大会系贵公司 2024 年第二次临时股东大会，由贵公司 董事会召集。贵公司董事会召集本次大会的书面通知于 2024 年 8 月 27 日刊登在《中国证券报》、《证券时报》、《证券日 地址：昆明市五华区新闻路云报大厦 8 楼 电话：0871-63636121 ___________________________________________________________ ...