NANSHAN ALUMINIUM(SH:600219) Zheng Quan Shi Bao Wang·2025-08-28 11:19Core Viewpoint - Nanshan Aluminum achieved significant growth in revenue and net profit in the first half of 2025, driven by increased production and sales of alumina in Indonesia, higher overseas alumina prices, and rising aluminum ingot prices [1][2]. Group 1: Financial Performance - In the first half of 2025, the company reported operating revenue of 17.274 billion yuan, a year-on-year increase of 10.25% [1]. - The net profit attributable to shareholders was 2.625 billion yuan, reflecting a year-on-year growth of 19.95% [1]. Group 2: Strategic Initiatives - The company is leveraging its strategic position in Indonesia, focusing on expanding alumina production capacity with a planned investment of 6.332 billion yuan to build 2 million tons of alumina capacity [2]. - The first phase of the 1 million tons project has been commissioned, while the second phase is under accelerated construction [2]. - Nanshan Aluminum is also developing a comprehensive industrial chain in Indonesia, including a 250,000-ton electrolytic aluminum and 260,000-ton carbon project [2]. Group 3: Shareholder Returns - The company has established a shareholder dividend plan for 2024-2026, with a total dividend payout of 1.042 billion yuan for 2024, increasing the dividend ratio to 40.92% [2]. - For 2025, the company plans to distribute a cash dividend of 0.40 yuan per 10 shares, totaling 465 million yuan [2]. - As of July 31, 2025, the company has repurchased 65.0842 million shares through centralized bidding [2]. Group 4: Future Outlook - The company aims to continue its "quality improvement, efficiency enhancement, and return to shareholders" initiatives, focusing on market value management to provide stable and growing returns to investors [3].