南山铝业（600219）国际(02610)再涨超7%，截至发稿，涨5.43%，报70.85港元，成交额1.81亿港元。 据公告，公司在印尼已建成氧化铝产能400万吨/年，是东南亚最大的氧化铝生产商。中金认为，本次公 告启动建设电解铝年产能25万吨以及规划另外50万吨，标志着公司正式开启转型电解铝一体化生产商， 公司盈利能力有望获得进一步提升。 消息面上，南山铝业近日公告称，拟通过控股子公司南山铝业国际控股有限公司间接全资子公司盛世亚 洲与盛世铝业合资，在印尼设立项目子公司PT.HEAI建设南山铝业国际控股有限公司印尼宾坦工业园年 产25万吨电解铝项目，投资金额约4.37亿美元(折合30.56亿元人民币)。项目建设范围为电解铝厂的主要 生产设施，项目建设期2年。 ...

Core Viewpoint - Nanshan Aluminum International (02610) has seen a stock price increase of over 7%, currently trading at 70.85 HKD with a transaction volume of 1.81 billion HKD, following the announcement of a new investment project in Indonesia [1] Group 1: Investment Announcement - The company plans to establish a project subsidiary, PT. HEAI, in Indonesia through its wholly-owned subsidiary, Nanshan Aluminum International Holdings Limited, in partnership with Shengshi Aluminum [1] - The investment for the project, which aims to build an electrolytic aluminum production facility with an annual capacity of 250,000 tons, is approximately 437 million USD (equivalent to 3.056 billion RMB) [1] - The construction period for the project is set at 2 years, focusing on the main production facilities of the electrolytic aluminum plant [1] Group 2: Production Capacity and Market Position - Nanshan Aluminum has already established an alumina production capacity of 4 million tons per year in Indonesia, making it the largest alumina producer in Southeast Asia [1] - According to CICC, the announcement marks the company's formal transition to an integrated electrolytic aluminum producer, with the potential for enhanced profitability through the planned annual capacity of 250,000 tons and an additional 500,000 tons in the pipeline [1]