LZJT(SZ:300428) Quan Jing Wang·2026-01-06 03:09Core Viewpoint - Lichung Group expects a significant increase in net profit for the year 2025, driven by strong performance across its core business segments and successful expansion into emerging markets [1][2] Group 1: Financial Performance - The company forecasts a net profit attributable to shareholders of 830 million to 870 million yuan for 2025, representing a year-on-year growth of 17.38% to 23.04% [1] - The net profit excluding non-recurring items is projected to be between 750 million and 790 million yuan, with a growth rate of 23.42% to 30.00% [1] - If accounting estimate changes are excluded, the net profit growth could reach 45.14% to 52.13% [1] Group 2: Business Segments and Sales - The company anticipates steady growth in sales volume across its business segments, with aluminum alloy wheel sales expected to reach 23.4 million units, recycled aluminum alloy sales at 1.26 million tons, and functional intermediate alloy sales at 120,000 tons [2] - Total sales revenue is projected to be around 32 billion yuan, reflecting the combined performance of all business segments [2] Group 3: Strategic Initiatives - Lichung Group is focusing on its core business and enhancing its global supply chain, particularly in new materials and products for emerging markets [2] - The company has successfully turned around its lithium hexafluorophosphate business, which is now a new profit growth point, benefiting from market price recovery and strategic investments [2] - The company is actively optimizing its product structure and customer matrix, expanding applications in new energy vehicles, humanoid robots, aerospace, and semiconductors [2][3] Group 4: Industry Context - The aluminum alloy industry in China is experiencing structural transformation and growth opportunities, particularly due to the lightweight demands of new energy vehicles and the accelerated import substitution of high-end aluminum materials in aerospace [3] - Lichung Group is well-positioned to benefit from industry upgrades, leveraging its full industry chain advantages and global capacity layout [3]