Core Viewpoint - The company, Innovation Industry (02788), is experiencing a stock price increase, attributed to its strategic plans for capacity expansion and international investment in the aluminum sector [1] Group 1: Company Overview - Innovation Industry's main business involves integrated smelting of alumina and electrolytic aluminum, with plans to achieve a production capacity of 788,000 tons of electrolytic aluminum and 3.2 million tons of alumina by mid-December 2025 [1] - The company is expected to have an alumina self-sufficiency rate exceeding 100% by 2025 [1] Group 2: Expansion Plans - By 2025, the company plans to expand internationally, with a significant investment of 500,000 tons in an integrated aluminum industry project in Saudi Arabia, which is anticipated to create a new growth point for the company [1] - The IPO funds will primarily be allocated to the Saudi project and domestic green electricity construction [1] Group 3: Project Details - The Saudi Red Sea aluminum project, in collaboration with Innovation Group and Innovation New Materials, is set to have an initial capacity of 500,000 tons of electrolytic aluminum and aluminum alloy, targeting both the local Saudi market and Europe and the US [1] - The project is expected to have a construction period of 18 to 24 months, with production anticipated to commence in 2027 [1] - The abundant natural gas resources and low electricity costs in Saudi Arabia are expected to significantly enhance the company's performance post-project launch [1]
港股异动 | 创新实业(02788)涨近4% 在沙特规划投资50万吨铝产业链综合项目 打造新业绩增长点