Financial Performance - The company's operating revenue for Q1 2025 was ¥770,590,901.77, a decrease of 4.83% compared to ¥809,706,030.19 in the same period last year[5] - The net profit attributable to shareholders was -¥55,898,640.34, representing a decline of 159.60% from -¥21,532,356.00 year-on-year[5] - The basic earnings per share were -¥0.0492, down 160.32% from -¥0.0189 in the same period last year[5] - The company's net loss increased to ¥424,040,384.72 from ¥368,141,744.38, indicating a worsening of about 15.2%[26] - Operating profit was reported at -¥57,160,683.07, a significant decline from -¥20,504,860.98 in the prior period, reflecting a worsening operational performance[28] - The total comprehensive income for the period was -¥55,833,735.06, compared to -¥21,532,356.00 in the prior period, indicating a significant increase in comprehensive losses[29] Cash Flow and Liquidity - The net cash flow from operating activities was -¥85,132,855.54, a significant decrease of 297.57% compared to -¥21,413,535.65 in the previous year[12] - The company's cash and cash equivalents decreased to ¥385,431,503.69 from ¥488,671,335.79, representing a decline of approximately 21.1%[23] - Cash and cash equivalents at the end of the period stood at ¥309,496,442.72, a slight decrease from ¥310,210,301.76 at the end of the previous period[32] - The company experienced a net cash outflow from operating activities of -¥85,132,855.54, compared to -¥21,413,535.65 in the previous period, indicating a deterioration in cash flow management[32] - The company received cash inflows from investment activities totaling ¥192,311,916.71, down from ¥403,310,152.79 in the previous period, indicating a decline in investment returns[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,067,867,849.31, a decrease of 1.90% from ¥3,127,129,297.33 at the end of the previous year[5] - The total liabilities decreased slightly to ¥1,163,867,235.72 from ¥1,167,294,948.68, reflecting a decrease of approximately 0.3%[26] - The accounts receivable increased to ¥209,078,628.75 from ¥159,774,958.63, indicating a rise of about 30.8%[23] - Inventory levels rose to ¥516,525,438.93 from ¥468,959,289.12, showing an increase of approximately 10.2%[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,103[13] - The top 10 shareholders hold a total of 261,096,605 shares, with Shandong Hongqiao New Materials Co., Ltd. being the largest shareholder[16] - The company approved a non-public offering of up to 27.792 million new shares, as per the approval from the China Securities Regulatory Commission on January 11, 2023[17] - The company issued 209,973,753 new shares on August 4, 2023, increasing the total shares from 926,400,000 to 1,136,373,753[18] - The company’s total number of shares increased significantly due to the recent issuance, impacting its market capitalization[18] Operational Changes and Future Plans - The company is currently evaluating the investment returns of a project aimed at producing 100,000 tons of high-precision aluminum deep processing from recycled aluminum, due to market conditions[20] - The company is actively pursuing a major asset restructuring, with the stock being suspended from trading since December 23, 2024, and is expected to resume trading on January 7, 2025[21] - Due diligence, auditing, and evaluation related to the asset acquisition are currently ongoing as of the report date[22] - The company held a temporary shareholders' meeting on July 20, 2023, to extend the validity period of the stock issuance resolution[17] Expenses and Costs - Total operating costs for the current period amount to ¥803,793,185.16, down from ¥826,755,837.73 in the previous period, reflecting a reduction of about 2.8%[27] - Research and development expenses rose to ¥12,208,847.50, compared to ¥11,867,211.80, reflecting a year-over-year increase of approximately 2.9%[28] - Sales expenses increased by 39.96% to ¥4,673,005.55, primarily due to higher minimum coverage for export credit insurance[10] - The company experienced a 197.52% increase in credit impairment losses, totaling -¥13,006,114.68, attributed to a rise in accounts receivable[10] - The company recorded a financial expense of ¥991,955.01, a significant increase from a financial income of ¥865,489.50 in the previous period, indicating increased borrowing costs[28]

Investment Rating - The investment rating for the non-ferrous metals industry is "Positive" (maintained) [4] Core Views - Copper prices rebounded after a significant drop, with attention on the ongoing US-China trade dynamics and recession expectations in the US. The weekly performance showed US copper up 3.75%, London copper up 2.97%, and Shanghai copper down 4.6%. The decline in copper prices led to increased downstream activity and accelerated inventory depletion, with copper rod operating rates at 74.76%, up 0.21 percentage points week-on-week. Social inventory of electrolytic copper decreased by 14.80% to 267,200 tons, while Shanghai copper inventory fell by 18.96% to 182,900 tons. Short-term price rebounds may be limited by US recession expectations, with key focus areas being US-China trade developments, US economic and inflation data, and Federal Reserve interest rate expectations. Recommended stocks include Zijin Mining, Luoyang Molybdenum, Jincheng Mining, and Tongling Nonferrous Metals [4] - Aluminum prices fell due to tariff impacts, with signs of weakening demand in the peak season and continued inventory depletion. The alumina market remains oversupplied, with prices dropping 5.12% to 2,870 RMB/ton. The operating capacity of alumina plants decreased by 1.91 million tons to 84.82 million tons/year. Electrolytic aluminum prices fell 3.72% to 19,675 RMB/ton, with profit margins down 15.54% to 3,650 RMB/ton. Overall, the supply side of electrolytic aluminum shows no increase in capacity, leading to a potential shortage this year, which could drive aluminum prices up significantly. Recommended stocks include Hongchuang Holdings, Yun Aluminum, Tianshan Aluminum, Shenhuo Co., and China Aluminum [4] - Lithium prices continued to decline, with carbonate lithium down 3.11% to 71,600 RMB/ton. The supply side remains oversupplied, with inventory increasing by 1.3% to 131,000 tons. Demand growth is hindered by tariff impacts on downstream exports, with expectations for a narrowing of the oversupply throughout the year. Recommended stocks include Yahua Group, Zhongjin Lingnan, Yongxing Materials, and Ganfeng Lithium [4] Summary by Sections 1. Industry Overview - The US March CPI was lower than expected at 2.4%, with initial jobless claims matching expectations at 223,000 [8] 2. Industrial Metals 2.1. Copper - London copper rose 2.97%, while Shanghai copper fell 4.60%. Inventory levels decreased significantly, with Shanghai copper inventory down 18.96% [21][24] 2.2. Aluminum - London aluminum increased by 0.50%, while Shanghai aluminum decreased by 3.72%. The operating profit for aluminum companies fell by 15.54% [33] 2.3. Lead and Zinc - London lead prices fell 0.57%, while Shanghai lead prices decreased by 2.44%. London zinc prices rose 0.34%, but Shanghai zinc prices fell 2.36% [48] 2.4. Tin and Nickel - London tin prices dropped 12.17%, and Shanghai tin prices fell 13.22%. Nickel prices also saw a decline [61] 3. Energy Metals 3.1. Lithium - Lithium carbonate prices fell 3.11% to 71,600 RMB/ton, with continued oversupply in the market [77] 3.2. Cobalt - Overseas MB cobalt prices increased by 0.16% to 15.88 USD/pound, while domestic cobalt prices fell [88]

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 特别提示： （一）本次股东大会无新增、修改、否决议案的情况； （二）本次股东大会不涉及变更以往股东大会已通过的决议的情况。 一、会议召开情况 （2）通过深圳证券交易所互联网投票系统投票的具体时间为：2025年4月8日上午9：15至2025年4月8日 下午15：00期间的任意时间。 （二）现场会议召开地点：山东省滨州市博兴县经济开发区新博路以东、三号干渠桥以北。 （三）召集人：公司董事会 （四）主持人:公司董事长杨丛森先生工作原因未能出席本次股东大会，由半数以上董事共同推举董事 张伟先生作为本次股东大会主持人。 （五）召开方式：现场投票与网络投票相结合的方式 （六）会议的召集、召开程序、出席会议人员的资格和表决程序均符合《中华人民共和国公司法》《上 市公司股东大会规则》（以下简称"《股东大会规则》"）、《深圳证券交易所股票上市规则》等法律、 行政法规、部门规章、规范性文件及《山东宏创铝业控股股份有限公司章程》（以下简称"《公司章 程》"）的有关规定。 二、会议出席情 ...

本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特别提示： （一）本次股东大会无新增、修改、否决议案的情况； 股票代码：002379 股票简称：宏创控股 公告编号：2025－020 山东宏创铝业控股股份有限公司 2024 年年度股东大会决议公告 （二）本次股东大会不涉及变更以往股东大会已通过的决议的情 况。 一、会议召开情况 （一）会议召开时间： 1、现场会议召开时间：2025年4月8日（星期二）下午14：30 2、网络投票时间：2025年4月8日 （1）通过深圳证券交易所交易系统进行网络投票的时间为：2025年4月8日 上午9：15至9:25,9:30至11：30，下午13：00至15：00； （2）通过深圳证券交易所互联网投票系统投票的具体时间为：2025年4月8 日上午9：15至2025年4月8日下午15：00期间的任意时间。 （二）现场会议召开地点：山东省滨州市博兴县经济开发区新博路以东、三 号干渠桥以北。 （三）召集人：公司董事会 （四）主持人:公司董事长杨丛森先生工作原因未能出席本次股东大会，由 半数以上董事共同推举董事张伟先生作为本次股东大会主持 ...

北京市天元律师事务所 关于山东宏创铝业控股股份有限公司 2024 年年度股东大会的法律意见 京天股字（2025）第 103 号 致：山东宏创铝业控股股份有限公司 山东宏创铝业控股股份有限公司（以下简称"公司"）2024 年年度股东大会 （以下简称"本次股东大会"）采取现场投票与网络投票相结合的方式，其中现场 会议于 2025 年 4 月 8 日在山东省滨州市博兴县经济开发区新博路以东、三号干渠 桥以北公司会议室召开。北京市天元律师事务所（以下简称"本所"）接受公司聘 任，指派本所律师参加本次股东大会现场会议，并根据《中华人民共和国公司法》 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》 （以下简称"《股东会规则》"）以及《山东宏创铝业控股股份有限公司章程》（以 下简称"《公司章程》"）等有关规定，就本次股东大会的召集、召开程序、出席 现场会议人员的资格、召集人资格、会议表决程序及表决结果等事项出具本法律意 见。 为出具本法律意见，本所律师审查了《山东宏创铝业控股股份有限公司第六届 董事会第六次会议决议公告》《山东宏创铝业控股股份有限公司第六届监事会第六 次会议决议公告》《山东宏创铝 ...

股票代码：002379 股票简称：宏创控股 公告编号：2025－019 山东宏创铝业控股股份有限公司 关于发行股份购买资产暨关联交易事项的进展公告 本公司及董事会全体成员保证信息披露内容的真实、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.山东宏创铝业控股股份有限公司（以下简称"公司"）拟通过发行股份的 方式购买山东魏桥铝电有限公司、济南嘉汇投资合伙企业（有限合伙）、中国东 方资产管理股份有限公司、中国中信金融资产管理股份有限公司、天津聚信天昂 股权投资合伙企业（有限合伙）、宁波信铝企业管理合伙企业（有限合伙）、济 南宏泰投资合伙企业（有限合伙）、济南君岳投资合伙企业（有限合伙）、天铖 锌铖一期（温州）创业投资合伙企业（有限合伙）持有的山东宏拓实业有限公司 100%股权（以下简称"本次交易"）。本次交易构成关联交易，预计构成重大资 产重组，不构成重组上市。公司于 2025 年 1 月 7 日披露的《山东宏创铝业控股 股份有限公司发行股份购买资产暨关联交易预案》中已详细披露了本次交易可能 存在的风险因素以及尚需履行的审批程序。敬请广大投资者注意投资风险。 2.截至本公告披露日，除本次交易预 ...

2、多只龙头宽基ETF披露2024年年报，中央汇金的持仓动向随之曝光。以持有ETF总市值计算， 截至2024年末，中央汇金投资有限责任公司持有ETF总 市值为6616.97亿元，中央汇金资产管理有限责任公司持有ETF总市值为3821.84亿元，两家公司合计持有ETF总市值突破万亿元。 3、银行消费贷利率或将迎来重要变化。 部分股份行、国有大行地方分行人士透露，接到总行通知称，消费贷利率4月起上调，3%以下产品或被叫停。 今 年消费贷市场竞争激烈，个别银行产品利率低至2.4%，近期多家银行密集跟进政策举措，"松绑"相应消费贷产品。 // 热点聚焦 // 1、 交通银行、中国银行、建设银行和邮储银行齐齐发布公告称，董事会通过了向特定对象发行A股股票的议案，并对外发布关于财政部战略投资该行的 公告。财政部将以现金方式认购中国银行、建设银行全部新发行股份，并包揽交通银行、邮储银行超过九成的新发行股份，合计出资规模达5000亿元。 四家银行此番集中公告意味着财政部发行特别国债补充大行资本落地在即。交行特别指出，本次发行完成后，财政部持股比例超过30%，将成为该行控股 股东。而在本次发行完成前，交行无控股股东、实际控制人 ...

Group 1: Investor Relations Activity - The annual performance briefing for Shandong Hongchuang Aluminum Industry Holdings Co., Ltd. was conducted online on March 28, 2025, from 15:00 to 17:00 [2] - The event was hosted on the Shenzhen Stock Exchange's "Interactive Easy" platform, allowing for broad investor participation [2] - Key company representatives included Chairman Yang Congsen, CFO Liu Xinghai, and Board Secretary Xiao Xiao [2] Group 2: Key Questions and Answers - The company was asked about its performance in Q1 2025, with a response indicating that the report will be released in due course [2] - Regarding potential share buybacks, the company acknowledged the suggestion and stated that it would be considered, with timely disclosure if a plan is initiated [3] - As of March 20, 2025, the number of shareholders was reported to be 21,826 [3] Group 3: Project Updates - The company is reassessing its project for producing 100,000 tons of high-precision aluminum deep processing from recycled aluminum due to global economic fluctuations and increased industry competition [3] - The investment return expectations for the project are currently uncertain, leading to a decision to postpone fundraising for this initiative [3] - Future decisions regarding the project will depend on market conditions and the company's strategic planning, with commitments to timely disclosure of any adjustments [3]

保荐总结报告书 华泰联合证券有限责任公司 关于山东宏创铝业控股股份有限公司 | 保荐人名称 | 华泰联合证券有限责任公司 | | --- | --- | | 保荐人编号 | Z26774000 | 经中国证券监督管理委员会《关于核准山东宏创铝业控股股份有限公司非公 开发行股票的批复》（证监许可[2023]33 号）核准，公司向特定对象实际发行股 票数量 209,973,753 股，每股面值人民币 1.00 元，发行价格为人民币 3.81 元/股， 募集资金总额 799,999,998.93 元，扣除承销及保荐费、审计验资费、律师费、证 券登记费、印花税等发行费用 13,801,241.88 元（不含增值税）后，实际募集资 金净额为人民币 786,198,757.05 元。本次发行证券已于 2023 年 8 月 4 日在深圳 证券交易所上市。华泰联合证券有限责任公司（以下简称"华泰联合证券"或"保 荐人"）作为山东宏创铝业控股股份有限公司（以下简称"宏创控股"、"公司" 或"发行人"）本次向特定对象发行股票的保荐人，持续督导期间为 2023 年 8 月 4 日至 2024 年 12 月 31 日。 截至 202 ...

山东宏创铝业控股股份有限公司 非经营性资金占用及其他关联资金 往来情况汇总表的专项审计报告 大信专审字[2025]第 3-00025 号 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 大信会计师事务所 北京市海淀区知春路 1 号 学院国际大厦 22 层 2206 邮编 100083 WUYIGE Certified Public Accountants.LLP Room 2206 22/F, Xueyuan International Tower No.1 Zhichun Road, Haidian Dist. Beijing, China, 100083 电话 Telephone：+86（10）82330558 传真 Fax： +86（10）82327668 网址 Internet： www.daxincpa.com.cn 非经营性资金占用及其他关联资金往来情况汇总表的 专项审计报告 大信专审字[2025]第 3-00025 号 山东宏创铝业控股股份有限公司全体股东： 我们接受委托，审计了山东宏创铝业控股股份有限公司（以下简称"贵公司"） ...