Core Points - Chang Aluminum Co., Ltd. announced the voluntary resignation of non-independent directors Wang Wei and Jin Xiangxu, as well as independent director Sun Chuang, from the eighth board of directors to support the optimization of the company's governance structure [1] Summary by Category - **Company Governance** - The resignation of the directors is part of the company's efforts to enhance its governance structure [1]

Core Viewpoint - Chang Aluminum Co., Ltd. announced the resignation of two board members, which may impact the company's governance structure and strategic direction [1] Group 1: Resignation Details - Director Wang Wei resigned from the eighth board of directors and the strategic committee but will continue as Vice President and Chairman of the subsidiary Shanghai Langmai Clean Technology Co., Ltd. [1] - Director Jin Xiangxu resigned from the eighth board of directors and the audit committee and will not hold any position in the company after his resignation [1]

证券代码：002160 证券简称：常铝股份 公告编号：2025-077 江苏常铝铝业集团股份有限公司 关于选举职工代表董事的公告 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。 俞文先生符合《公司法》《公司章程》规定的有关职工代表董事任职资格和 条件。俞文先生当选公司职工代表董事后，公司第八届董事会中兼任公司高级管 理人员以及由职工代表担任的董事人数未超过公司董事总数的二分之一，符合相 关法律法规的要求。 特此公告。 江苏常铝铝业集团股份有限公司董事会 二〇二五年十一月十九日 附：俞文先生简历 俞文先生，中国国籍，无境外居留权，1984 年生，中国民主同盟盟员，硕 士研究生学历。曾就职于中国南山开发（集团）股份有限公司（下属平台）、科 大讯飞股份有限公司从事战略研究与股权投资等工作，曾担任浙江大元泵业股份 有限公司董事会秘书。现任本公司董事会秘书、副总裁；兼任泰安鼎鑫冷却器有 限公司董事。 截止目前，俞文先生未持有本公司股票，与其他持有本公司 5%以上股份的 股东、公司其他董事、高级管理人员之间不存在关联关系，不存在被中国证监会 采取证券市场禁入措施；最近三年 ...

证券代码：002160 证券简称：常铝股份 公告编号：2025-076 江苏常铝铝业集团股份有限公司 公司于近日收到独立董事孙闯先生的辞职报告，孙闯先生因前述原因申请辞 去公司第八届董事会独立董事、董事会审计委员会委员、董事会薪酬与考核委员 会委员职务，辞职后不在公司担任任何职务。 一、董事离任情况 为进一步提高董事会运作效率，优化公司治理结构，江苏常铝铝业集团股份 有限公司（以下简称"公司"）于 2025 年 10 月 29 日召开第八届董事会第四次 会议、于 2025 年 11 月 18 日召开 2025 年第三次临时股东大会，分别审议通过了 《关于调整董事会人数暨修订<公司章程>的议案》，同意公司将董事会人数从 11 名调整至 9 名，其中非独立董事人数 5 名、独立董事 3 名、职工代表董事 1 名。 出于对公司治理结构优化工作的支持，结合各自工作的安排，非独立董事王 伟先生、靳祥绪先生，独立董事孙闯先生自愿辞去第八届董事会董事职务，具体 如下： （一）非独立董事离任情况 公司于近日收到董事王伟先生、董事靳祥绪先生的辞职报告。王伟先生因前 述原因申请辞去公司第八届董事会董事、董事会战略委员会委员职务， ...

国浩律师（上海）事务所 股东大会法律意见书 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 2025 年第三次临时股东大会的法律意见书 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"）2025 年第三次临时股东 大会（以下简称"本次股东大会"）于 2025 年 11 月 18 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大会 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大会表决程序、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 ...

证券代码：002160 证券简称：常铝股份 公告编号：2025-075 江苏常铝铝业集团股份有限公司 2025 年第三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、 误导性陈述或重大遗漏。 特别提示： 1、本次临时股东大会无否决议案的情况。 2、本次临时股东大会无变更以往股东大会决议的情形。 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 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"）2025 年第 三次临时股东大会会议通知于 2025 年 10 月 31 日以公告形式发出，会议于 2025 年 11 月 18 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。本次临时股东大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。 出席本次会议的股东及股东代表共计 369 人，代表股份 438,516,143 股 ...

Group 1 - The industrial metal sector experienced a decline of 2.95% on November 18, with Minfa Aluminum leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] - Key stocks in the industrial metal sector showed varied performance, with significant declines in several companies [1] Group 2 - Minfa Aluminum saw a substantial drop of 9.92%, closing at 4.45, with a trading volume of 1.21 million shares and a turnover of 552 million [2] - Other notable declines included Chang Aluminum at -8.75% and Yuguang Jin Lead at -5.67% [2] - The industrial metal sector experienced a net outflow of 6.155 billion in main funds, while retail investors saw a net inflow of 5.182 billion [2][3] Group 3 - Among individual stocks, Hongchuang Holdings had a net inflow of 44.02 million from main funds, while Hai Liang Co. saw a net inflow of 25.21 million [3] - The overall trend indicates a mixed sentiment among institutional and retail investors, with significant outflows from main funds in several companies [3] - The data reflects a cautious approach from institutional investors amidst the sector's downturn [3]

Group 1 - The industrial metal sector continues to decline, with Minfa Aluminum experiencing a trading halt [1] - Other companies such as Chang Aluminum, Yuguang Gold Lead, Silver Industry, Zinc Industry, and Yun Aluminum also saw declines [1]

Core Viewpoint - The A-share market's non-ferrous metal sector has shown strong performance, with several companies experiencing significant stock price increases on November 12 [1] Group 1: Market Performance - The non-ferrous metal sector saw a collective rise, with Minfa Aluminum reaching the daily limit up, and Chang Aluminum and Huayu Mining both increasing over 6% [1] - China Aluminum rose over 4%, while Huaxi Nonferrous, Hailiang Co., and Hongchuang Holdings increased by more than 3% [1] - Other companies like Yun Aluminum, Jiaozuo Wanfang, and Tianshan Aluminum also saw gains exceeding 2% [1] Group 2: Individual Stock Performance - Minfa Aluminum (002578) had a price increase of 9.93%, with a total market value of 4.158 billion and a year-to-date increase of 48.16% [2] - Chang Aluminum (002160) rose by 6.89%, with a market value of 6.734 billion and a year-to-date increase of 75.27% [2] - Huayu Mining (601020) increased by 6.28%, with a market value of 26.8 billion and a year-to-date increase of 159.48% [2] - China Aluminum (601600) saw a rise of 4.37%, with a market value of 196.6 billion and a year-to-date increase of 60.87% [2] - Other notable performers include Huaxi Nonferrous (3.58% increase), Hailiang Co. (3.33% increase), and Hongchuang Holdings (3.06% increase) [2]

Market Overview - On November 12, the trading volume of the Shanghai and Shenzhen stock markets reached 1.95 trillion yuan, a decrease of 48.6 billion yuan compared to the previous trading day [1] - Sectors that saw significant gains included insurance, pharmaceuticals, oil and gas, and brain-computer interfaces, while sectors that experienced declines included cultivated diamonds, photovoltaics, BC batteries, wind power equipment, and controllable nuclear fusion [1] Stock Performance - Notable stocks with significant gains included: - HeFu China (+10.02%, 20.09 yuan) with a focus on cross-strait medical and in vitro diagnostics, achieving 12 days of 11 consecutive gains [2] - Moen Electric (+10.04%, 13.81 yuan) related to grid equipment and production bases in Thailand, achieving 7 consecutive gains [2] - FuRi Co. (+10.02%, 9.55 yuan) involved in electrolyte additives and coating materials, achieving 5 consecutive gains [2] - Other stocks with notable performance included: - Dongbai Group (+10.05%, 60.6 yuan) and Sanmu Group (+10.05%, 6.57 yuan) with 6 days and 4 days of consecutive gains respectively [3] Trading Dynamics - The top three net buying stocks on the day were: - Aerospace Intelligent Equipment (+16.57%, 27.15 yuan) with a net buying amount of 1.84 billion yuan [5] - Chang Aluminum (+7.21%, 6.54 yuan) with a net buying amount of 1.34 billion yuan [5] - Material Xiang Co. (+19.98%, 21.14 yuan) with a net buying amount of 971.18 million yuan [5] - The top three net selling stocks were: - Hailu Heavy Industry (-9.64%, 12.47 yuan) with a net selling amount of 1.77 billion yuan [6] - Yunhan Chip City (+1.93%, 185.51 yuan) with a net selling amount of 1.25 billion yuan [6] - Te Yi Pharmaceutical (+5.09%, 13.41 yuan) with a net selling amount of 1.04 billion yuan [6] Sector Insights - Aerospace Intelligent Equipment is capitalizing on commercial aerospace opportunities, promoting ground simulation equipment and micro-systems, and expanding its commercial aerospace user base [11] - Chang Aluminum has established a complete aluminum processing industry chain, gaining recognition from major clients in the new energy battery shell and automotive heat exchange materials [14] - KeXiang Co. is focusing on storage chips and PCB technology, with significant advancements in AI server applications and 800G optical modules [18]