NANSHAN ALUMINIUM(SH:600219) Xin Lang Cai Jing·2026-01-14 23:47Core Viewpoint - Nanshan Aluminum (600219.SH), a leading company in the aluminum processing industry, has announced a share buyback plan to enhance shareholder returns and optimize its capital structure, reflecting strong confidence in future growth [2][3]. Group 1: Share Buyback Plan - The company plans to repurchase shares through centralized bidding, with a total investment between 300 million and 600 million yuan, aimed at reducing registered capital [2]. - The buyback price will not exceed 7.52 yuan per share, and the duration is set for up to 12 months from the approval date by the shareholders' meeting [2]. Group 2: Financial Performance - For the first three quarters of 2025, Nanshan Aluminum reported revenue of 26.325 billion yuan, an increase of 8.66% year-on-year, and a net profit attributable to shareholders of 3.772 billion yuan, up 8.09% [4]. - The company has maintained a generous dividend policy, distributing 466 million yuan in cash dividends in the first half of 2025, with a planned special dividend of 3 billion yuan, totaling 3.465 billion yuan for the year [4]. Group 3: Research and Development - Nanshan Aluminum has invested over 10 billion yuan annually in R&D from 2020 to the first three quarters of 2025, totaling approximately 8.091 billion yuan over six years [5]. - The company has become the first domestic supplier of aluminum plates for passenger car doors and hoods, showcasing its commitment to innovation and technology advancement [5]. Group 4: Global Expansion and Market Position - In the first half of 2025, Nanshan Aluminum's overseas revenue reached 9.88 billion yuan, accounting for 57.20% of total revenue, with a gross margin of 38.61%, significantly higher than domestic operations [6]. - The company aims to leverage opportunities in the electric vehicle sector and enhance its technological capabilities to further penetrate the market [6].