Core Viewpoint - China Hongqiao Group reported a revenue increase of approximately 4.0% year-on-year for 2025, driven by higher sales prices and volumes of aluminum alloy products and alumina [3] Group Performance - Revenue reached approximately 162.35 billion yuan, while gross profit decreased by about 1.6% to approximately 41.51 billion yuan [3] - Net profit attributable to shareholders increased by approximately 1.2% to about 22.64 billion yuan, with basic earnings per share at 2.3842 yuan [3] - The sales volume of aluminum alloy products was approximately 5.82 million tons, remaining stable compared to the previous year, with an average selling price increase of about 3.8% to approximately 18,216 yuan per ton (excluding VAT) [3] - Alumina sales volume increased by approximately 22.7% to about 13.40 million tons, while the average selling price decreased by approximately 15.2% to about 2,899 yuan per ton (excluding VAT) [3] - The sales volume of deep-processed aluminum alloy products was approximately 716,000 tons, with an average selling price increase of about 3.1% to approximately 20,874 yuan per ton (excluding VAT) [3] Technological Advancements - The company is actively utilizing digital intelligence technology to upgrade production and management systems, focusing on "smart transformation" and "digital transformation" [4] - Efforts are being made to enhance the aluminum industry chain, from bauxite mining to alumina preparation, primary aluminum smelting, deep processing of aluminum materials, and recycling of recycled aluminum [4] - The establishment of "smart aluminum factories" and breakthroughs in future electrolytic aluminum factories are being pursued, along with the introduction of the "AI + electrolytic aluminum" intelligent production model [4]

Core Viewpoint - China Hongqiao Group reported strong performance for the fiscal year 2025, with revenue increasing by 4% to 162.35 billion RMB and net profit attributable to shareholders rising by 1.2% to 22.64 billion RMB [1][10]. Financial Performance - Revenue for 2025 reached 162.35 billion RMB, up from 156.17 billion RMB in 2024, marking a 4% increase [9]. - Net profit attributable to shareholders was 22.64 billion RMB, compared to 22.37 billion RMB in 2024, reflecting a 1.2% growth [10]. - The asset-liability ratio improved from 48.2% to 42.2%, a decrease of 6 percentage points [12]. - Net debt significantly decreased by 21.7% to 19.92 billion RMB from 25.43 billion RMB in 2024 [11]. - Cash and cash equivalents increased by 14.3% to 51.19 billion RMB, up from 44.77 billion RMB in 2024 [10]. Business Operations - Electrolytic aluminum sales remained stable at over 5.8 million tons, with a gross margin increase of 3.9 percentage points to 28.5% [18]. - Alumina sales grew by 22.7% to 13.397 million tons, contributing to a revenue increase of 4.0% in this segment to 38.83 billion RMB [20]. Industry Overview - In 2025, China's electrolytic aluminum production was 44.23 million tons, while consumption reached 46.34 million tons, reflecting increases of 2.6% and 1.8% respectively [23]. - Global electrolytic aluminum production and consumption were 74.23 million tons and 74.24 million tons, with growth rates of 1.7% and 2.3% respectively [24][26]. Strategic Initiatives - The company is focused on an integrated upstream and downstream industrial chain to enhance cost advantages and scale effects [6]. - China Hongqiao is advancing its global integration strategy to maintain its leading position in the aluminum industry [6]. - The company is implementing a "three-step" strategy for carbon reduction, aiming for peak carbon emissions by 2025 and carbon neutrality by 2055 [62][64].

Core Viewpoint - China Hongqiao (01378.HK) reported a 4.0% year-on-year increase in revenue for 2025, reaching approximately 162.35 billion yuan, while gross profit decreased by 1.6% to about 41.51 billion yuan, and net profit attributable to shareholders rose by 1.2% to around 22.64 billion yuan, with basic earnings per share at 2.3842 yuan and a proposed final dividend of 0.165 HKD per share [1] Financial Performance - Revenue increased by approximately 4.0% year-on-year, totaling around 162.35 billion yuan [1] - Gross profit decreased by about 1.6%, amounting to approximately 41.51 billion yuan [1] - Net profit attributable to shareholders rose by approximately 1.2%, reaching around 22.64 billion yuan [1] - Basic earnings per share were reported at 2.3842 yuan [1] - Proposed final dividend is set at 0.165 HKD per share [1]

Core Viewpoint - China Hongqiao (01378) reported a 1.2% year-on-year increase in net profit attributable to shareholders for 2025, reaching approximately 22.636 billion yuan, with a proposed final dividend of 0.165 HKD per share [1] Financial Performance - Revenue increased by approximately 4.0% year-on-year to about 162.354 billion yuan [1] - Gross profit decreased by approximately 1.6% year-on-year to about 41.505 billion yuan [1] - Basic earnings per share were 2.3842 yuan [1] Sales and Pricing - Sales volume of aluminum alloy products remained stable at approximately 5.824 million tons, with an average selling price rising by about 3.8% to approximately 18,216 yuan per ton (excluding VAT) [1] - Sales volume of alumina products increased by approximately 22.7% year-on-year to about 13.397 million tons, while the average selling price decreased by approximately 15.2% to about 2,899 yuan per ton (excluding VAT) [1] - Sales volume of deep-processed aluminum products was approximately 716,000 tons, with an average selling price increasing by about 3.1% to approximately 20,874 yuan per ton (excluding VAT) [1] Technological Advancements - The company is actively utilizing digital intelligence technology to upgrade production and management systems, focusing on "smart transformation" and "digital transformation" [2] - The company aims to enhance industrial efficiency and improve the complete industrial chain from bauxite mining to aluminum recycling [2] - Breakthroughs have been made in the construction of smart alumina factories and future electrolytic aluminum factories, creating a new paradigm of "AI + electrolytic aluminum" intelligent production [2]

Group 1 - The company announced that Ms. Zheng Shuliang will retire as an executive director after the annual general meeting on May 19, 2026, due to age reasons and will not stand for re-election [1] - Independent non-executive directors Mr. Han Benwen and Mr. Dong Xinyi will also retire after the annual general meeting, having served for over nine years, and will not stand for re-election [1] - Mr. Meng Xianzhong and Mr. Ma Jin have been nominated to stand for election as independent non-executive directors at the annual general meeting, with their terms effective from the conclusion of the meeting if approved [1] Group 2 - Non-executive director Mr. Zhang Jinglei will retire at the annual general meeting due to a job transfer and will stand for election as an executive director at the same meeting [1]

Group 1 - The company China Hongqiao (01378) announced a final dividend of HKD 1.65 per share, which will be distributed on June 18, 2026 [1]

Group 1 - The core point of the article is the announcement by China Hongqiao (01378.HK) regarding the retirement of several directors due to age and tenure limits as per the company's articles of association [1] - Zheng Shuliang will retire as an executive director after the annual general meeting on May 19, 2026, and will not stand for re-election [1] - Han Benwen and Dong Xinyi, both independent non-executive directors, will also retire after the annual general meeting due to their tenure exceeding nine years and will not stand for re-election [1] Group 2 - Meng Xianzhong and Ma Jin have been nominated to stand for election as independent non-executive directors at the upcoming annual general meeting [1]

Core Viewpoint - China Hongqiao (01378.HK) reported a 4.0% year-on-year increase in revenue for the fiscal year 2025, reaching approximately RMB 162.35 billion, while annual profit decreased by 1.6% to approximately RMB 24.15 billion [1] Financial Performance - Revenue increased by approximately 4.0% year-on-year to about RMB 162.35 billion [1] - Annual profit decreased by approximately 1.6% year-on-year to about RMB 24.15 billion [1] - Net profit attributable to shareholders increased by approximately 1.2% year-on-year to about RMB 22.64 billion [1] - Basic earnings per share increased by approximately 1.0% year-on-year, recorded at about RMB 2.3842 [1] Dividend Proposal - The company proposed a final dividend of HKD 0.165 per share [1]

China Hongqiao Group Limited 中國宏橋集團有限公司 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之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因依賴該等內容 而引致之任何損失承擔任何責任。 （根據開曼群島法例註冊成立的有限公司） （股份代號：1378） 執行董事和獨立非執行董事退任； 建議委任獨立非執行董事 及 建議董事調任 執行董事退任 中國宏橋集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，鄭淑良女士（「鄭女士」）已知 會本公司，考慮到其年齡原因，根據本公司組織章程細則（「組織章程細則」），其將自本公司將於二 零二六年五月十九日舉行的應屆股東週年大會（「股東週年大會」）結束後退任執行董事，並將不參與 重選。退任董事後，鄭女士亦將不再擔任董事會副主席及董事會可持續發展委員會成員。鄭女士已 確認，彼與董事會概無任何意見分歧，且概無任何與其退任有關的事項須提請本公司股東（「股東」） 及香港聯合交易所有限公司（「聯交所」）垂注。董事會謹此衷心感激鄭女士於任期內對本公司作出的 寶貴貢獻。 獨立非執行 ...

EF001 第 1 頁 共 2 頁 v 1.1.1 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 其他信息 不適用 發行人董事 截至本公告刊發日期，本公司之董事會由以下人士組成： 執行董事: 張波先生、鄭淑良女士、張瑞蓮女士及王雨婷女士 非執行董事: 楊叢森先生、張敬雷先生、涂一鍇先生（張浩先生為其替任董事）及孫冬冬女士 獨立非執行董事: 文献軍先生、韓本文先生、董新義先生及傅郁林女士。 第 2 頁 共 2 頁 v 1.1.1 免責聲明 | 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 | | | --- | --- | | 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。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 中國宏橋集團有限公司 | | 股份代號 | 01378 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 05487 CHQ B3003 | | 公告標題 截至二零二五年十二月三十一日止之末期股 ...