国浩律师（上海）事务所 股东会法律意见书 国浩律师（上海）事务所 关于江苏常铝铝业集团股份有限公司 2026 年第一次临时股东会的法律意见书 致：江苏常铝铝业集团股份有限公司 江苏常铝铝业集团股份有限公司（以下简称"公司"）2026 年第一次临时股东 会（以下简称"本次股东会"）于 2026 年 3 月 31 日召开，国浩律师（上海）事务 所（以下简称"本所"）接受公司的委托，指派律师（以下简称"本所律师"）出 席会议，并依据《中华人民共和国证券法》《中华人民共和国公司法》、中国证券监 督管理委员会《上市公司股东会规则》和《江苏常铝铝业集团股份有限公司章程》 （以下简称《公司章程》）出具本法律意见书。 本所律师已经按照有关法律、法规和《公司章程》的规定对公司本次股东会召 集、召开程序是否合法以及是否符合《公司章程》、出席会议人员的资格、召集人资 格的合法有效性和股东会表决程序、表决结果的合法有效性发表法律意见。法律意 见书中不存在虚假、严重误导性陈述及重大遗漏，否则愿意承担相应的法律责任。 本所律师基于对事实的了解和对法律的理解发表法律意见。 本法律意见书依据国家有关法律、法规的规定而出具。 本次股东会现场会 ...

证券代码：002160 证券简称：常铝股份 公告编号：2026-019 江苏常铝铝业集团股份有限公司 2026 年第一次临时股东会决议公告 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、 误导性陈述或重大遗漏。 特别提示： 1、本次临时股东会无否决议案的情况。 2、本次临时股东会无变更以往股东会决议的情形。 3、本公告中部分合计数与各加数直接相加之和在尾数上如存在差异系四舍五入 造成。 一、会议的召开和出席情况 1、江苏常铝铝业集团股份有限公司（以下简称"股份公司"或"公司"）2026 年第一次临时股东会会议通知于 2026 年 3 月 14 日以公告形式发出，会议于 2026 年 3 月 31 日下午 13:00 在公司办公楼（苏州常熟市长江路）会议室召开，以现场投票和 网络投票相结合的方式进行。本次临时股东会由公司董事会召集，董事长石颖先生主 持，会议的召集、召开与表决程序符合《公司法》《上市公司股东会规则》《深圳证 券交易所股票上市规则》等法律法规、规范性文件及《公司章程》的规定。 2、出席本次会议的股东及股东代表共计 618 人，代表股份 433,156,843 股，占 公司 ...

Market Overview - The A-share market showed a strong rebound today, with the Shanghai Composite Index rising by 0.24%, while Japanese and Korean markets fell by nearly 3% each, indicating a competitive advantage for China [1] - The total market turnover reached 19,277.83 billion yuan, an increase of 637.87 billion yuan compared to the previous day, with over 2,800 stocks rising [21] Sector Performance - The aluminum sector led the gains, with companies like Tianshan Aluminum and Chang Aluminum hitting the daily limit. This surge is attributed to attacks on two Middle Eastern aluminum producers, which disrupted global aluminum supply chains [21][31] - The pharmaceutical sector continued to perform well, with stocks like Meinuo Pharma achieving five consecutive limits. The first quarter saw China's innovative drug licensing transactions exceed $60 billion, nearing half of last year's total [21] - The aerospace sector also saw increased activity, with companies like Shenjian Co. and Zengsheng Technology experiencing multiple limit-ups due to recent contract wins and upcoming launches [21] Company Updates - Maiwei Co. experienced a significant drop in stock price, attributed to market rumors regarding export restrictions on equipment and weak first-quarter performance expectations. However, the company has completed the first phase of equipment delivery for HJT production lines in the U.S. [16][18] - The optical fiber sector showed strong performance, with companies like Hengtong Optic-Electric and Changfei Optic-Fiber seeing stock price increases due to rising prices from operators and strong demand from data centers [19][23] - The agricultural sector also saw gains, driven by rising energy prices impacting fertilizer and logistics costs, which in turn raised expectations for agricultural product prices [23] Financial Performance - Zhaoyan New Drug reported a revenue of 1.658 billion yuan for 2025, a decrease of 17.87% year-on-year, but a net profit increase of 302.08% to 298 million yuan [27] - New Sharp Co. expects first-quarter revenue for 2026 to be between 1 billion and 1.15 billion yuan, a year-on-year increase of 89.28% to 117.68% [27] - Huazhi Precision anticipates a first-quarter net profit of 150 to 190 million yuan for 2026, reflecting a year-on-year growth of 413.28% to 550.15% [27] Industry Insights - Goldman Sachs has downgraded the target for the MSCI China Index and the CSI 300 Index by 5% and 4%, respectively, indicating a potential price return of 24% and 12% over the next 12 months [12] - The global economic backdrop is expected to lower the fair value of Chinese stocks by approximately 5%, with 2% attributed to profit deterioration and 3-4% due to a decline in the price-to-earnings ratio [11]

Core Viewpoint - The recent attacks on major aluminum companies in the Middle East have led to significant market fluctuations, with a notable surge in aluminum prices and stock performance in the A-share aluminum sector [3][4]. Group 1: Market Impact - Following the attacks, A-share aluminum stocks experienced a surge, with companies like Chang Aluminum and Nanshan Aluminum hitting the daily limit [3]. - The London Metal Exchange (LME) saw aluminum prices rise nearly 6% to $3,492 per ton before settling around $3,437, marking a year-to-date increase of over 14% [3][4]. - Domestic aluminum futures in Shanghai closed up 3.4%, with the main contract showing a year-to-date increase of over 7% [3]. Group 2: Supply Chain Disruptions - The attacks on Bahrain Aluminum and Emirates Global Aluminum have raised concerns about supply chain disruptions, with Bahrain Aluminum reporting a 20% production cut due to "force majeure" [5]. - The Middle East's aluminum production capacity is significant, with an expected output of 7.05 million tons per year by 2025, accounting for 9% of global production [5]. - Analysts indicate that physical damage to smelting facilities could have long-term effects, with recovery periods potentially lasting 6 to 12 months [5][6]. Group 3: Company Performance - Tianshan Aluminum reported a projected net profit of 2.2 billion yuan for Q1 2026, a 107.92% increase year-on-year, driven by increased production and higher sales prices [8][9]. - Other aluminum companies have also shown positive performance, with over 60% of the eight companies that disclosed their annual reports for 2025 reporting year-on-year profit growth [9]. - China Aluminum achieved a net profit of 12.67 billion yuan in 2025, a 2.25% increase, while Yun Aluminum saw a 37.24% increase in net profit [9][10]. Group 4: Future Outlook - Analysts maintain an optimistic outlook for the aluminum sector, citing limited supply growth and ongoing demand from emerging sectors such as electric vehicles and renewable energy [10]. - The geopolitical tensions in the Middle East are expected to further enhance the scarcity of aluminum resources, benefiting leading companies with cost advantages and production capacity [10].

Group 1 - The article highlights a short-term positive outlook for the aluminum industry in the A-share market [1] - It mentions that the Middle East countries are expected to complete an electrolytic aluminum production capacity of 7.051 million tons per year by 2025, accounting for approximately 9% of global capacity [5] - Two companies affected by recent attacks have a combined production capacity share exceeding 6% [5] Group 2 - The article categorizes companies into three segments: upstream resources and electrolytic aluminum, aluminum processing and deep processing, and automotive lightweight and high-end materials [6] - Key companies in the upstream resources and electrolytic aluminum segment include China Aluminum, Yun Aluminum, Shenhuo Co., Nanshan Aluminum, Jiaozuo Wanfang, and Zhongfu Industrial [6] - In the aluminum processing and deep processing segment, notable companies include Mingtai Aluminum, Chang Aluminum, Minfa Aluminum, and Asia Pacific Technology [6]

Market Overview - On March 30, the Shanghai Composite Index experienced slight fluctuations, closing up 0.24% at 3923.29 points, while the Shenzhen Component Index fell by 0.25% and the ChiNext Index dropped by 0.68% [1] - The total trading volume in the Shanghai and Shenzhen markets reached approximately 1.93 trillion yuan, an increase of nearly 64 billion yuan compared to the previous day [1] Aluminum Sector - The non-ferrous sector saw significant gains, particularly in aluminum stocks, with companies like Minfa Aluminum and Chang Aluminum hitting the daily limit [8] - Notable increases included Yiyuan Co. and Tianshan Aluminum, both closing at their daily limit, while Yun Aluminum rose over 9% [8][9] - The aluminum industry is facing supply disruptions due to recent attacks on production facilities in the Middle East, which could lead to price increases [10] High-Speed Rail Sector - The high-speed rail concept saw a rapid rise, with Shenzhou High-Speed Rail hitting the daily limit and other companies like China Railway Industry and High-Speed Rail Electric also experiencing significant gains [3] - The "14th Five-Year Plan" outlines ambitious goals for the railway network, aiming for 165,000 kilometers of operational railway by 2025, including 50,000 kilometers of high-speed rail [6] - The ongoing construction of the Yangtze River High-Speed Rail, a key project under the "14th Five-Year Plan," is expected to drive substantial growth in related industries, with an estimated total investment exceeding 500 billion yuan [5] Power Sector - The power sector faced a sharp decline, with companies like Huadian Energy and Jinkong Power hitting the daily limit down [11] - The recent surge in stock prices for power companies has raised concerns about potential corrections, as Huadian Energy's stock rose approximately 140% from March 9 to March 26 [13] - Despite the stock price fluctuations, companies in the power sector reported that their operational activities remain normal, with no significant changes in market conditions or production costs [13]

证券代码：002160 证券简称：常铝股份 公告编号：2026-018 江苏常铝铝业集团股份有限公司 关于股东所持部分股份被司法冻结的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别风险提示： 截止本公告日，江苏常铝铝业集团股份有限公司（以下简称"公司"或"常 铝股份"）控股股东齐鲁财金投资集团有限公司（以下简称"齐鲁财金"）累计 质押股份及被司法冻结股份数量（含本次）占其所持公司股份数量比例超过 80%， 敬请投资者注意相关风险。 公司于 2026 年 3 月 26 日通过中国证券登记结算有限责任公司深圳分公司系 统查询并经书面征询公司控股股东齐鲁财金后获悉，齐鲁财金所持有本公司的部 分股份被司法冻结，现将具体事项公告如下： 一、股东所持上市公司股份被司法冻结及质押的基本情况 | | 股东名称 | | 是否为控 股股东或 第一大股 | 本次冻结股 | 占其所 持股份 | 占公 | | | | 司法冻 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

证券代码：002160 证券简称：常铝股份 公告编号：2026-017 江苏常铝铝业集团股份有限公司 关于全资子公司收到中标通知书的公告 目前公司暂未就上述中标项目签订正式合同，合同总金额、具体合作条款、 合同签订的交易对手方等以最终签署生效的合同为准，合同未来的签订及执行情 况存在一定的不确定性，敬请广大投资者注意投资风险。 2、中标单位：上海朗脉洁净技术股份有限公司 3、中标金额：18,350万元（含税，不含总包管理费） 4、公司与招标方不存在关联关系 四、备查文件 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。 近日，江苏常铝铝业集团股份有限公司（以下简称"公司"）全资子公司上 海朗脉洁净技术股份有限公司（以下简称"上海朗脉"）收到《中标通知书》， 确定上海朗脉为上海莱士血液制品股份有限公司产能扩建工程机电、净化安装项 目（专业分包）的中标单位，具体情况如下： 一、中标项目基本情况 1、招标单位：上海莱士血液制品股份有限公司 二、对公司的影响 本次中标项目的中标金额合计为18,350万元，占上海朗脉2024年度经审计营 业收入的20.15%。上述项目的承 ...

| | 股东名称 | | 是否为控 股股东或 第一大股 | 本次冻结股 | 占其所 持股份 | 占公 | | | | 司法冻 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 司总 | 是否为 | 冻结 | 冻结 | | 原 | | | | | | 份数量 | | 股本 | 限售股 | 起始日 | 到期日 | 结执行 | 因 | | | | | 东及其一 | | 比例 | 比例 | | | | 人名称 | | | | | | 致行动人 | | | | | | | | | | 齐 | 鲁 财 | 金 | | 14,327,301 | | | | 2026-03 | 2029-03 | 上海市黄 | 财产 | | 投 | 资 集 | 团 | 是 | | 4.6396% | 1.3873% | 否 | | | 浦区人民 | | | | | | | 股 | | | | -19 | -18 | | 保全 | | 有 | 限 公 | 司 | | | | | | | | 法院 | | 证券代 ...

第一条 为进一步完善江苏常铝铝业集团股份有限公司（以下简称"公司"） 董事、高级管理人员的薪酬管理，建立科学有效的激励与约束机制，有效调动董 事、高级管理人员的工作积极性，促进公司健康、持续、稳定发展，根据《中华 人民共和国公司法》《上市公司治理准则》等相关法律法规、规范性文件及公司 章程的规定，结合公司实际情况，制订本制度。 第二条 本制度适用于公司章程规定的董事、高级管理人员。 第二章 管理机构 第三条 公司股东会负责审议董事的薪酬标准和方案；公司董事会负责审议 公司高级管理人员的薪酬标准和方案。 第四条 公司董事会薪酬与考核委员会在董事会的授权下负责拟定董事、高 级管理人员的薪酬标准和方案；负责审查董事、高级管理人员履行职责情况并对 其进行年度考核；负责评估是否需要针对特定董事、高级管理人员发起绩效薪酬 的追索扣回程序；负责对公司薪酬制度的执行情况进行监督。 第五条 公司人力资源部、财务部、董事会办公室等相关部门配合董事会薪 酬与考核委员会进行公司董事、高级管理人员薪酬方案的具体实施。 第三章 薪酬与津贴标准 第六条 公司董事津贴规定： 江苏常铝铝业集团股份有限公司 董事、高级管理人员薪酬管理制度 江苏 ...