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 不對因本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。 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第 13.10B條 作 出。 葛小雷 公司秘書 中國‧北京 2026年1月8日 於本公告刊發日期，董事會成員包括執行董事何文建先生及毛世清先生， 非 執 行 董 事 江 皓 先 生，獨 立 非 執 行 董 事 余 勁 松 先 生、陳 遠 秀 女 士 及 李 小 斌 先 生。 * 僅供識別 – 1 – 茲載列中國鋁業股份有限公司在上海證券交易所網站刊登的以下資料全文， 僅 供 參 閱。 承董事會命 中國鋁業股份有限公司 股 票 代 碼：601600 股 票 簡 稱：中 國 鋁 業 公 告 編 號：臨2026-001 中國鋁業股份有限公司 第九屆董事會第九次會議決議公告 本 公 司 董 事 會 及 全 體 董 事 保 證 本 公 告 內 容 不 存 在 任 何 虛 假 記 ...

Group 1 - The rare earth permanent magnet sector experienced a decline of 0.94%, ranking among the top losers in the concept sector, with companies like Zhongmin Resources, Gree, and Huicheng Environmental Protection showing significant declines [1] - Among the 50 stocks in the rare earth permanent magnet sector, 19 stocks saw price increases, with Yujing Co., Zhangguang Co., and Ruichen Environmental Protection leading the gains at 9.73%, 2.35%, and 1.86% respectively [1] - The sector faced a net outflow of 4.875 billion yuan from major funds, with North Rare Earth seeing the highest outflow of 1.391 billion yuan, followed by Gree, China Aluminum, and Zhongmin Resources [2][3] Group 2 - The top gainers in the market today included the domestic aircraft carrier sector, which rose by 4.70%, and military information technology, which increased by 4.20%, while the rare earth permanent magnet sector was among the top decliners [2] - The main stocks experiencing significant fund outflows included North Rare Earth (-3.54%), Gree (-5.89%), and China Aluminum (-2.85%), indicating a trend of selling pressure in the rare earth sector [3][4] - Conversely, stocks with notable fund inflows included Lingyi Technology, Youyan New Materials, and Hebang Bio, with inflows of 261.62 million yuan, 18.6866 million yuan, and 18.3170 million yuan respectively [5]

证券代码：601600 证券简称：中国铝业 公告编号：临2026-002 中国铝业股份有限公司 （一）提前离任的基本情况 | | 离任职务 | 离任时间 | 原定任期到 | | 是否继续在上 | | 是否存在未 | | --- | --- | --- | --- | --- | --- | --- | --- | | 姓名 | | | 期日 | 离任原因 | 市公司及其控 股子公司任职 | 具体职务 （如适用） | 履行完毕的 公开承诺 | | | 执行董事、 | | | | | | | | 蒋涛 | 副总经理、 | 2026 年 | 2028 年 | 工作需要 | 否 | 不适用 | 无 | | | 董事会 ESG | 1 月 8 日 | 6 月 30 日 | | | | | | | 委员会委员 | | | | | | | （二）离任对公司的影响 蒋涛先生确认，其与公司董事会概无任何意见分歧，亦无有关其辞任之任何事 宜须知会公司股东。 关于公司董事、副总经理离任及提名董事候选人的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律 ...

有关上述事项详情请见公司同日在指定信息披露媒体及上海证券交易所网站 （www.sse.com.cn）披露的《中国铝业股份有限公司关于董事、副总经理辞任及提 名董事候选人的公告》 议案表决结果：有权表决票数 6 票，同意 6 票，反对 0 票，弃权 0 票。 二、关于召开公司 2026 年第一次临时股东会的议案 股票代码：601600 股票简称：中国铝业 公告编号：临 2026-001 中国铝业股份有限公司 第九届董事会第九次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 2026 年 1 月 8 日，中国铝业股份有限公司（以下简称"公司"）召开第九届董 事会第九次会议。本次会议应出席董事 6 人，实际出席董事 6 人，有效表决人数 6 人。会议由公司董事长何文建先生主持。公司部分高级管理人员列席会议。本次会 议的召集、召开和表决程序符合《中华人民共和国公司法》等有关法律、法规及《中 国铝业股份有限公司章程》的规定。会议审议并一致通过了以下 2 项议案： 一、关于提名公司第九届董事会董事候选人的议案 公司董事 ...

中国铝业1月8日公告，公司董事会当天收到蒋涛的书面辞呈，因工作需要，蒋涛辞去公司执行董事、副 总经理等职务。辞任后，蒋涛不再担任公司及其控股子公司的任何职务。公司董事会同意提名张瑞忠为 公司第九届董事会执行董事候选人，提名郭刚为公司第九届董事会非执行董事候选人，并提交公司股东 会履行选举程序。 ...

Market Overview - On January 8, the A-share market experienced fluctuations, with the Shanghai Composite Index showing volatility. The metals sector, including gold, silver, and copper, collectively retreated, with the Nonferrous 50 ETF (159652) declining by 1.89%, marking its first pullback after five consecutive gains. The fund saw a net inflow of over 1.2 billion yuan, totaling more than 4.7 billion yuan in net subscriptions over the past five days [1][6]. Gold Reserves and Central Bank Actions - As of December 31, 2025, China's official gold reserves reached 74.15 million ounces, an increase of 30,000 ounces from the previous month, with a total annual increase of 860,000 ounces. The central bank has been increasing its gold holdings for 14 consecutive months [2]. - Globally, central banks have been accumulating gold, with the U.S. overseas gold reserves exceeding 900 million troy ounces, valued at approximately $3.93 trillion, surpassing the value of foreign-held U.S. Treasury securities for the first time since 1996 [3]. Commodity Trading Trends - According to Zhejiang Merchants Securities, the current macroeconomic environment in developed economies is at a critical risk point, with geopolitical tensions leading to two main trading themes: the replacement of reserve assets and the national security focus on basic and rare metals. Central banks are expected to continue increasing gold reserves, which will support long-term gold price trends [4]. - The demand for strategic metals is expected to rise due to increased military spending and the need for key materials, with policies in the U.S. and European allies aimed at boosting strategic metal reserves by 2025 [4]. Supply and Demand Dynamics - The copper market is facing supply disruptions, with potential strikes at the Mantoverde copper mine in Chile and political instability affecting the Mirador copper mine in Ecuador. Despite traditional consumption slowing in China, demand from AI and energy storage sectors is anticipated to drive copper consumption growth [5]. - The Nonferrous 50 ETF (159652) includes a diverse range of metals, with a high concentration of copper (34%) and gold (12%), making it a strategic investment option in the context of the ongoing commodity supercycle [7][9]. Performance Metrics - The Nonferrous 50 ETF (159652) has shown a cumulative return that leads its peers, with a maximum drawdown lower than that of similar funds. The index's price-to-earnings (PE) ratio stands at 26.27, a 52% decrease compared to five years ago, indicating a favorable valuation relative to its earnings growth [11].

花旗分析师在一份报告中称，中国铝业或将受益于铝价和利润率在更长时间内保持高位。该金属的价格 可能会在较长时期内保持高位，同时煤炭价格不断下降。这些分析师补充说，在中国推动碳中和之际， 作为中国国有铝生产商的中国铝业也可能具有相对优势，因为其项目已获得所有必要的批准，且运营符 合环保要求。花旗将其2025-2027年净利润预测上调2%-7%。该行还将中国铝业H股目标价从12.41港元 上调至15.94港元。中国铝业仍是花旗在该板块的首选股。该股收盘下跌0.7%，报13.37港元。 ...

本报讯 （记者袁传玺）天眼查工商信息显示，近日，中铝绿材（文山）铝基新材料有限公司成立，注 册资本2.5亿元，经营范围为常用有色金属冶炼、有色金属铸造、有色金属压延加工、有色金属合金制 造、有色金属合金销售、高性能有色金属及合金材料销售。股东信息显示，该公司由中国铝业 （601600）旗下中铝（云南）绿色先进铝基材料有限公司全资持股。 ...

Group 1 - The core viewpoint of the articles indicates that rising political risks, supply constraints, and steady demand are driving the continuous increase in non-ferrous metal prices, with expectations for a new commodity cycle driven by emerging fields like artificial intelligence (AI) by 2026 [1] - The report from Guolian Minsheng Securities suggests that continued liquidity easing will benefit industrial metal prices in 2026, as supply-side constraints remain unresolved and numerous mining production cuts have occurred [1] - The demand from traditional industries shows resilience, while new sectors such as AI and energy storage are emerging, leading to an anticipated acceleration in the price center of industrial metals [1] Group 2 - The Free Cash Flow ETF (159233) aligns with the core holdings in the non-ferrous sector and industry trends, making it a stable tool for investment in this area [1] - The Free Cash Flow ETF closely tracks the CSI All Index Free Cash Flow Index, which selects 100 listed companies with high free cash flow rates to reflect the overall performance of companies with strong cash flow generation capabilities [1] Group 3 - As of December 31, 2025, the top ten weighted stocks in the CSI All Index Free Cash Flow Index include China National Offshore Oil Corporation, SAIC Motor, Gree Electric Appliances, and others, collectively accounting for 53.78% of the index [2] - The listed stocks are part of the index constituents and do not imply specific recommendations [2]

Core Viewpoint - The report highlights the growth of China's alumina production, indicating a significant increase in output and projecting future trends in the industry [1] Group 1: Industry Overview - As of November 2025, China's alumina production reached 8.14 million tons, reflecting a year-on-year growth of 7.6% [1] - From January to November 2025, the cumulative alumina production in China totaled 84.657 million tons, marking an 8.4% increase compared to the previous year [1] Group 2: Companies Involved - Listed companies in the alumina sector include China Aluminum (601600), Tianshan Aluminum (002532), Nanshan Aluminum (600219), Yun Aluminum (000807), Shenhuo Co. (000933), Zhongfu Industrial (600595), Jiaozuo Wanfang (000612), Hongchuang Holdings (002379), Minfa Aluminum (002578), and Ningbo Fubang (600768) [1] Group 3: Research and Analysis - The report titled "Analysis of Development Models and Future Prospects of China's Alumina Industry from 2026 to 2032" was published by Zhiyan Consulting, a leading industry consulting firm in China [1] - Zhiyan Consulting has over a decade of experience in industry research, providing in-depth reports, business plans, feasibility studies, and customized services [1]