Core Points - China Aluminum announced the resignation of Mr. Li Xiehua from his positions as a non-executive director, member of the remuneration committee, and member of the development planning committee of the board, effective October 31, 2025 [1] - Following his resignation, Mr. Li Xiehua will no longer hold any positions within the company or its subsidiaries [1]

Core Viewpoint - China Aluminum (601600)(02600) announced the resignation of Li Xiehua from his positions as a non-executive director, member of the remuneration committee, and member of the development planning committee, effective immediately due to work commitments [1] Group 1 - Li Xiehua submitted a written resignation to the board on October 31, 2025 [1] - Following his resignation, Li Xiehua will no longer hold any positions within the company or its subsidiaries [1]

Core Viewpoint - Hesheng Co., Ltd. is a leading manufacturer of industrial aluminum extrusion materials and deep processing products in China, with a full industry chain advantage [1] Group 1: Business Performance - In Q3 2025, Hesheng's revenue was 2.708 billion yuan, ranking 23rd among 31 companies in the industry, significantly lower than the top company, China Aluminum, which had 176.516 billion yuan [2] - The net profit for the same period was 100 million yuan, placing it 18th in the industry, far behind China Aluminum's 17.296 billion yuan and below the industry average of 1.346 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Hesheng's debt-to-asset ratio was 53.05%, higher than the industry average of 46.20% [3] - The gross profit margin for the same period was 13.59%, exceeding the industry average of 10.69% [3] Group 3: Executive Compensation - Chairman Li Jianxiang's salary for 2024 was 851,000 yuan, a decrease of 156,000 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 25.26% to 28,600 [5] - The average number of circulating A-shares held per shareholder increased by 33.80% to 6,622.18 [5] Group 5: Market Outlook - Huatai Securities noted a significant recovery in the company's profitability, indicating an upward trend in business [5] - Key business highlights include a focus on dual drivers of new energy and consumer electronics, increased R&D investment, and improved operational efficiency leading to recovery in gross/net profit margins [5]

Company Overview - Haixing Co., Ltd. was established on January 8, 1998, and listed on the Shanghai Stock Exchange on August 9, 2019. The company is headquartered in Nantong, Jiangsu Province and is a leading enterprise in the domestic aluminum electrolytic capacitor electrode foil industry, possessing strong R&D capabilities and scale advantages [1] Financial Performance - As of Q3 2025, Haixing's operating revenue was 1.711 billion yuan, ranking 25th out of 31 in the industry, significantly lower than the industry leader, China Aluminum, with 176.516 billion yuan, and the second place, Innovation New Materials, with 58.716 billion yuan. The industry average revenue was 16.562 billion yuan, and the median was 5.83 billion yuan [2] - The net profit for the same period was 147 million yuan, ranking 16th in the industry, again far behind China Aluminum's 17.296 billion yuan and Yun Aluminum's 5.22 billion yuan. The net profit was in line with the industry median but below the average of 1.346 billion yuan [2] Financial Ratios - As of Q3 2025, Haixing's debt-to-asset ratio was 31.51%, an increase from 20.22% year-on-year, but still below the industry average of 46.20%, indicating good solvency and relatively low financial risk. The gross profit margin for the same period was 21.26%, slightly up from 21.02% year-on-year and significantly higher than the industry average of 10.69%, reflecting strong profitability [3] Executive Compensation - The chairman, Zhou Xiaobing, received a salary of 800,000 yuan in 2024, an increase of 115,200 yuan from 684,800 yuan in 2023. The general manager, Sun Xinming, earned 762,100 yuan in 2024, up by 110,100 yuan from 652,000 yuan in 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 14.57% to 14,900, while the average number of circulating A-shares held per shareholder decreased by 11.73% to 16,200. Notably, several funds exited the top ten circulating shareholders list [5]

股票代码：601600 股票简称：中国铝业 公告编号：临2025-062 中国铝业股份有限公司 关于董事离任的公告 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责任。 中国铝业股份有限公司（以下简称"公司"）董事会于 2025 年 10 月 31 日收到 李谢华先生的书面辞呈，因工作需要，李谢华先生辞去公司非执行董事、董事会薪 酬委员会委员及董事会发展规划委员会委员职务。辞任后，李谢华先生不再担任公 司及其控股子公司的任何职务。 一、董事离任情况 （一）提前离任的基本情况 特此公告。 中国铝业股份有限公司董事会 2025 年 10 月 31 日 | | | | | | 是否继续在 | | 是否存在 | | --- | --- | --- | --- | --- | --- | --- | --- | | 姓名 | 离任职务 | 离任时间 | 原定任期 | 离任原因 | 上市公司及 | 具体职务 | 未履行完 | | | | | 到期日 | | 其控股子公 | (如适用) | 毕的公开 | | | | | | | 司任职 | | 承 ...

Core Viewpoint - China Aluminum (02600.HK) announced the resignation of Li Xiehua from his positions as a non-executive director, member of the remuneration committee, and member of the development planning committee, effective immediately due to work commitments [1] Summary by Categories - **Resignation Announcement** - Li Xiehua submitted his written resignation to the board on October 31, 2025 [1] - Following his resignation, Li Xiehua will no longer hold any positions within the company or its subsidiaries [1]

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。 何 文 建 （代 行 董 事 長 職 責） 毛 世 清 蔣 濤 非 執 行 董 事： 江 皓 董事名單與其角色職能 中 國 鋁 業 股 份 有 限 公 司（以 下 簡 稱「本公司」）董 事 會（以 下 簡 稱「董事會」） 成 員 載 列 如 下： 執 行 董 事： 獨 立 非 執 行 董 事： 余勁松 陳遠秀 李小斌 – 1 – 董事會設立5個 委 員 會。下 表 提 供 各 董 事 會 成 員 在 這 些 委 員 會 中 所 擔 任 的 職 位。 | | | 換屆提名 | | 發展規劃 | ESG | | --- | --- | --- | --- | --- | --- | | | 審核委員會 | 委員會 | 薪酬委員會 | 委員會 | 委員會 | | 何文建 | | M | | C | C | | 毛世清 | | | | | M ...

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。 承董事會命 中國鋁業股份有限公司 葛小雷 公司秘書 公 告 非執行董事之辭任 中 國 鋁 業 股 份 有 限 公 司（「本公司」）董 事 會（「董事會」）謹 此 宣 佈，董 事 會 於2025年10月31日 收 到 李 謝 華 先 生（「李先生」）的 書 面 辭 呈，因 工 作 需 要， 李 先 生 提 請 辭 去 本 公 司 非 執 行 董 事、董 事 會 薪 酬 委 員 會 委 員 及 董 事 會 發展規劃委員會委員職務，即 日 生 效。辭 任 後，李 先 生 不 再 擔 任 本 公 司 及 其 附 屬 公 司 的 任 何 職 務。 李 先 生 確 認，彼 與 董 事 會 並 無 任 何 意 見 分 歧，且 概 無 有 關 其 辭 任 的 任 何 事 宜 需 知 會 本 公 司 股 東。 李 先 生 的 離 任 不 會 導 致 董 ...

Group 1 - The board of China Aluminum announced the resignation of Mr. Li Xiehua from his positions as a non-executive director and committee member due to work requirements, effective October 31, 2025 [1] - After his resignation, Mr. Li will no longer hold any positions within the company or its subsidiaries [1] - For the year 2024, China Aluminum's revenue composition is as follows: 96.33% from the aluminum industry and 3.67% from the energy sector [1] Group 2 - As of the report date, China Aluminum's market capitalization is 171.4 billion yuan [2]

Market Overview - On October 31, the industrial metal sector declined by 2.07%, with Chang Aluminum leading the drop [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance - Notable gainers in the industrial metal sector included: - Ding Sheng New Materials (603876) with a closing price of 12.80, up 9.97% [1] - Wan Shun New Materials (300057) at 6.35, up 8.18% [1] - Guocheng Mining (000688) at 18.14, up 5.47% [1] - Major decliners included: - Chang Aluminum (002160) at 5.63, down 9.92% [2] - Jiangxi Copper (600362) at 41.09, down 5.21% [2] - Tongling Nonferrous Metals (000630) at 5.29, down 4.17% [2] Trading Volume and Capital Flow - The industrial metal sector experienced a net outflow of 2.192 billion yuan from institutional investors, while retail investors saw a net inflow of 1.92 billion yuan [2][3] - The trading volume for Ding Sheng New Materials reached 906,100 shares, with a transaction value of 1.156 billion yuan [1] - Chang Aluminum had a trading volume of 2,092,200 shares, with a transaction value of 1.204 billion yuan [2] Individual Stock Capital Flow - Ding Sheng New Materials had a net inflow of 180 million yuan from institutional investors, while retail investors had a net outflow of 50.19 million yuan [3] - Jiangxi Copper saw a net outflow of 64.12 million yuan from retail investors [3] - Wan Shun New Materials had a net inflow of 41.32 million yuan from institutional investors, with a slight outflow from retail investors [3]