港交所消息：9月22日， 贝莱德 持有的 中国铝业 H股多头头寸从5.95%增至6.45%。 ...

倒计时53天 2025（第十五届）高工锂电年会 暨十五周年庆典&高工金球奖颁奖典礼 主办单位： 高工锂电、高工产研（GGII） 协办单位： 卡洛维德 总冠名： 海目星激光 年会特别赞助： 大族锂电 专场冠名： 英联复合集流体、逸飞激光、华视集团、欧科工业空调 金球奖全程特约赞助： 思客琦 时间&地点： 2025年11月18-20日 深圳前海华侨城JW万豪酒店 另一方面，中国作为全球最大的铝生产国，其庞大的产业也正被锂元素所困扰。 会议合作： 陈女士 13560731836（微信同号） 在中国，一条新的锂资源获取路径正从一个意想不到的领域——铝工业——中浮现。 这被称为"第四大提锂路线"，不仅有望缓解中国对进口锂资源的严重依赖，也为铝业自身面临的 技术难题提供了解决方案。 该趋势的核心，是将氧化铝生产过程中原本被视为杂质的锂元素，转化为高价值的电池级碳酸锂。 趋势与变化：双重困境催生跨界协同 这一变革的背后，是中国在新能源和传统工业领域面临的双重压力。 一方面，随着电动汽车和储能产业的扩张，中国已成为全球最大的锂消费国，消耗量占全球总量的 约45%。 然而，本土锂资源储备仅占全球的6%，导致其锂原料对外依存度在 ...

Group 1: Report Industry Investment Rating - Not provided in the given content Group 2: Core Views of the Report - The fundamentals of Shanghai aluminum may be in a stage of slight increase in supply and boosted demand, and it is recommended to conduct short - term long trading on the main contract of Shanghai aluminum at low prices with light positions [5]. - The fundamentals of alumina may be in a stage of stable supply and slight increase in demand, and it is recommended to conduct oscillating trading on the main contract of alumina with light positions [6]. - The fundamentals of cast aluminum alloy may be in a stage of slowing supply and increasing demand, and it is recommended to conduct short - term long trading on the main contract of cast aluminum at low prices with light positions [8]. - Considering the subsequent support for aluminum prices, a double - buying strategy can be considered to go long on volatility [73]. Group 3: Summaries According to Relevant Catalogs 1. Week - to - week Summary - **Market Review**: Shanghai aluminum showed an oscillating trend with a weekly change of - 0.24%, closing at 20,745 yuan/ton; alumina showed an oscillating and weakening trend with a weekly change of - 1.76%, closing at 2,901 yuan/ton; the main contract of cast aluminum showed an oscillating trend with a weekly change of - 0.15%, closing at 20,325 yuan/ton [6][8]. - **Market Outlook and Strategy**: See the core views above [5][6][8]. 2. Futures and Spot Markets - **Price Changes**: As of September 26, 2025, the closing price of Shanghai aluminum was 20,755 yuan/ton, down 25 yuan/ton or 0.12% from September 19; the closing price of LME aluminum was 2,664 US dollars/ton, down 41 US dollars/ton or 1.52% from September 19; the alumina futures price was 2,871 yuan/ton, down 44 yuan/ton or 1.51% from September 19; the closing price of the main contract of cast aluminum alloy was 20,325 yuan/ton, down 30 yuan/ton or 0.15% from September 19 [11][15]. - **Ratio and Spread Changes**: As of September 26, 2025, the Shanghai - LME ratio of electrolytic aluminum was 7.79, down 0.05 from September 19; the aluminum - zinc futures spread was 1,235 yuan/ton, down 15 yuan/ton from September 19; the copper - aluminum futures spread was 61,725 yuan/ton, up 2,610 yuan/ton from September 19 [12][23]. - **Inventory and Position Changes**: As of September 26, 2025, the position of Shanghai aluminum was 486,848 lots, down 38,230 lots or 7.28% from September 19; the net position of the top 20 in Shanghai aluminum was 4,602 lots, up 11,467 lots from September 19 [18]. - **Spot Price Changes**: As of September 26, 2025, the average price of alumina in Henan was 2,965 yuan/ton, down 65 yuan/ton or 2.15% from September 19; in Shanxi it was 2,995 yuan/ton, down 30 yuan/ton or 1.01% from September 19; in Guiyang it was 2,995 yuan/ton, down 30 yuan/ton or 1.01% from September 19; the national average price of cast aluminum alloy (ADC12) was 20,900 yuan/ton, down 50 yuan/ton or 0.24% from September 19; the spot price of A00 aluminum ingot was 20,830 yuan/ton, down 10 yuan/ton or 0.05% from September 19, with a spot discount of 10 yuan/ton, up 10 yuan/ton from last week [26][30]. 3. Industry Situation - **Inventory**: As of September 26, 2025, the LME electrolytic aluminum inventory was 517,700 tons, up 3,800 tons or 0.74% from September 19; the SHFE electrolytic aluminum inventory was 124,626 tons, down 3,108 tons or 2.43% from last week; the domestic electrolytic aluminum social inventory was 567,000 tons, down 27,000 tons or 4.55% from September 18; the SHFE electrolytic aluminum warehouse receipts totaled 63,230 tons, down 8,729 tons or 12.13% from September 19; the LME electrolytic aluminum registered warehouse receipts totaled 407,850 tons, up 3,175 tons or 0.78% from September 18 [36]. - **Bauxite**: As of the latest data, the inventory of nine ports of domestic bauxite was 27.19 million tons, a month - on - month increase of 170,000 tons. In August 2025, the monthly import of bauxite was 18.2898 million tons, a month - on - month decrease of 8.81% and a year - on - year increase of 18.17%. From January to August, the import of bauxite was 141.4976 million tons, a year - on - year increase of 31.38% [39]. - **Scrap Aluminum**: As of the latest data this week, the quotation of crushed scrap aluminum in Shandong was 16,000 yuan/ton, with a week - on - week decrease of 0 yuan/ton. In August 2025, the import of aluminum scrap and fragments was 172,610.37 tons, a year - on - year increase of 25.3%; the export was 53.23 tons, a year - on - year decrease of 3.9% [45]. - **Alumina**: In August 2025, the output of alumina was 7.9247 million tons, a year - on - year increase of 7.5%; from January to August, the cumulative output of alumina was 60.5232 million tons, a year - on - year increase of 8.2%. In August 2025, the import of alumina was 94,400 tons, a month - on - month decrease of 25.03% and a year - on - year increase of 1398.2%; the export was 180,000 tons, a month - on - month decrease of 21.74% and a year - on - year increase of 28.57%. From January to August, the cumulative import of alumina was 488,400 tons, a year - on - year decrease of 61.3% [48]. - **Electrolytic Aluminum**: In August 2025, the import of electrolytic aluminum was 217,300 tons, a year - on - year increase of 33.1%; from January to August, the cumulative import of electrolytic aluminum was 1.7142 million tons, a year - on - year increase of 13.34%; in August 2025, the export of electrolytic aluminum was 25,600 tons, and from January to August, the cumulative export of electrolytic aluminum was 152,500 tons. From January to July 2025, the global aluminum market had a supply gap of - 119,900 tons. In August 2025, the output of electrolytic aluminum was 3.8 million tons, a year - on - year decrease of 0.5%; from January to August, the cumulative output of electrolytic aluminum was 30.138 million tons, a year - on - year increase of 2.2%. In August 2025, the domestic in - production capacity of electrolytic aluminum was 44.379 million tons, a month - on - month increase of 0.34% and a year - on - year increase of 1.99%; the total capacity was 45.232 million tons, a month - on - month flat of 0% and a year - on - year increase of 0.52%; the operating rate was 98.11%, an increase of 0.33% from last month and a decrease of 1.41% from the same period last year [51][55]. - **Aluminum Products**: In August 2025, the output of aluminum products was 5.5482 million tons, a year - on - year decrease of 4.2%; from January to August, the cumulative output of aluminum products was 43.7898 million tons, a year - on - year decrease of 0%. In August 2025, the import of aluminum products was 320,000 tons, a year - on - year increase of 12.9%; the export was 530,000 tons, a year - on - year decrease of 10.2%. From January to August, the import of aluminum products was 2.65 million tons, a year - on - year increase of 2.7%; the export was 4 million tons, a year - on - year decrease of 8.2% [59]. - **Cast Aluminum Alloy**: In August 2025, the monthly built - in capacity of recycled aluminum alloy was 1.26 million tons, a month - on - month decrease of 0% and a year - on - year increase of 18.8%; the output of recycled aluminum alloy was 635,900 tons, a month - on - month increase of 2.04 and a year - on - year increase of 11.77% [62]. - **Aluminum Alloy**: In August 2025, the output of aluminum alloy was 1.635 million tons, a year - on - year increase of 15.2%; from January to August, the cumulative output of aluminum alloy was 12.324 million tons. In August 2025, the import of aluminum alloy was 71,000 tons, a year - on - year decrease of 16.74%; the export was 29,100 tons, a year - on - year increase of 28.29%. From January to August, the import of aluminum alloy was 683,000 tons, a year - on - year decrease of 14.06%; the export was 174,300 tons, a year - on - year increase of 10.73% [65]. - **Real Estate**: In August 2025, the real estate development climate index was 93.05, a decrease of 0.28 from last month and an increase of 0.81 from the same period last year. From January to August 2024, the newly started area of housing was 398.0101 million square meters, a year - on - year decrease of 19.54%; the completed area of housing was 276.9354 million square meters, a year - on - year decrease of 18.94% [68]. - **Infrastructure and Automobiles**: From January to August 2024, the infrastructure investment increased by 5.42% year - on - year. In August 2025, the sales volume of Chinese automobiles was 2,856,590 units, a year - on - year increase of 16.44%; the production volume of Chinese automobiles was 2,815,413 units, a year - on - year increase of 12.96% [71]. 4. Option Market Analysis - It is recommended to consider constructing a double - buying strategy to go long on volatility due to the subsequent support for aluminum prices [73].

Group 1: Economic Development and Industrial Growth - Zou Ping has transformed from a traditional industrial city to a benchmark for innovation-driven development, showcasing a model of ecological and economic synergy [7][24] - The city has over 83,000 market entities and 25,000 enterprises, with 43 industrial companies generating over 1 billion yuan in revenue, indicating a robust industrial base [14] - Zou Ping's industrial output value reached 164.85 billion yuan, with the high-end aluminum industry cluster revenue exceeding 175 billion yuan, reflecting steady economic growth [19] Group 2: Key Enterprises and Innovations - Weiqiao Group, the largest enterprise in Zou Ping, has developed a new high-strength, lightweight aluminum alloy that improves strength by 30% compared to traditional materials, leading to significant weight reductions in products [10] - Shandong Innovation Group has become a world-class green aluminum technology industry group, showcasing its capabilities in the 3C electronics sector at international expos [12] - Shandong Kaitai Group leads the metal abrasive market in China and has achieved global leadership in shot blasting equipment, demonstrating the city's industrial diversification [12] Group 3: Infrastructure and Investment Environment - Zou Ping has established a favorable business environment, implementing 150 policies to support enterprises and providing substantial financial backing for talent and projects [19][20] - The city has a robust energy supply capacity, with electricity reaching 9 million kilowatts per hour and ample development space with 1.7 million square meters of standard factory buildings [20] - The local government has streamlined approval processes, reducing project approval times significantly, which enhances the overall investment climate [20] Group 4: Social Welfare and Community Development - Zou Ping has invested in upgrading old residential areas and enhancing public services, improving living conditions for residents [21][23] - The city has focused on healthcare and education, with significant investments in new schools and healthcare services, thereby enhancing community well-being [23] - Urban infrastructure improvements have led to better transportation efficiency, with major road upgrades reducing travel times significantly [23]

Core Viewpoint - Anhui Xinbo Aluminum Industry Co., Ltd. has announced a guarantee for a 30 million yuan working capital loan for its subsidiary, Anhui Xinbo New Energy Vehicle Parts Co., Ltd., to expand financing channels while maintaining controllable risks [1] Summary by Categories Company Guarantee - The company has signed a maximum liability guarantee contract for the loan application [1] - As of the announcement date, the total guarantee balance for Xinbo New Energy is 68,255.63 million yuan, while the total guarantee for all subsidiaries is 346,562.87 million yuan [1] Financial Performance - Xinbo New Energy has a good credit standing, with total assets of 161,454.88 million yuan and a net profit of 472.27 million yuan for the first half of the year ending June 30, 2025 [1] Board's Perspective - The board believes that this guarantee will help the subsidiary broaden its financing channels and that the associated risks are manageable [1] - There are no overdue external guarantee situations for the company and its subsidiaries [1]

新能源及有色金属日报 | 2025-09-26 节前备货叠加贸易商惜售，现货贴水继续修复 重要数据 铝现货方面：SMM数据，华东A00铝价20770元/吨，较上一交易日变化90元/吨，华东铝现货升贴水0元/吨，较 上一交易日变化0元/吨；中原A00铝价20800元/吨，现货升贴水较上一交易日变化20元/吨至30元/吨；佛山A00 铝价录20710元/吨，较上一交易日变化90元/吨，铝现货升贴水较上一交易日变化-5元/吨至-60元/吨。 铝期货方面：2025-09-25日沪铝主力合约开于20745元/吨，收于20765元/吨，较上一交易日变化80元/吨，最 高价达20835元/吨，最低价达到20705元/吨。全天交易日成交146073手，全天交易日持仓220640手。 库存方面，截止2025-09-25，SMM统计国内电解铝锭社会库存61.7万吨，较上一期变化-2.1吨，仓单库存64408 吨，较上一交易日变化-3328吨，LME铝库存515925吨，较上一交易日变化-1225吨。 氧化铝现货价格：2025-09-25SMM氧化铝山西价格录得2945元/吨，山东价格录得2905元/吨，河南价格录得 2980元/ ...

Industry Investment Rating - No information provided Core Viewpoints - The aluminum industry chain generally strengthened due to the sharp rise in copper prices. Shanghai aluminum opened slightly higher and moved upward, but the main contract 2511 closed down 0.39% at 20,765. The spread between October and November changed from flat to a slight discount of -5, and the far - month maintained a slight contango structure. The import window was closed, and the spot import loss fluctuated around -1,500 yuan/ton [8]. - The production of domestic bauxite in the north has not resumed, and the probability of resuming production this year is low. There is upward pressure on the price of northern bauxite, but the spot price of downstream alumina is falling, and the willingness to suppress prices is increasing. The price of imported bauxite has little short - term change. Attention should be paid to the changes in the mining rights policy before the election in Guinea [8]. - Alumina rose 1.66% during the day. The disturbance news from the Boke mine in Guinea was more of an emotional stimulus, and the substantial impact was temporarily limited. The low - cost support of alumina was prominent [8]. - The trend of cast aluminum alloy continued to follow Shanghai aluminum. With the peak season and the tight supply of scrap aluminum raw materials, attention should be paid to the strategy of going long AD and short AL [8]. - The operating capacity of electrolytic aluminum remained at a high level. On Thursday, the social inventory of aluminum ingots decreased by 2.1 to 61.7 tons compared with last Thursday. With the decline in the absolute price and the pre - holiday stocking demand of aluminum processing enterprises, the previous inventory accumulation pressure began to ease. Shanghai aluminum returned to the previous oscillation range, and the support below continued to focus on the 20,500 level [8]. Section Summaries 1. Market Review and Operation Suggestions - The price of Shanghai aluminum fluctuated, with the main contract 2511 closing down 0.39%. The import window was closed, and the spot import loss fluctuated around -1,500 yuan/ton [8]. - The production situation of domestic bauxite in the north and the price trends of bauxite and alumina were analyzed, and attention was paid to the mining rights policy in Guinea [8]. - Alumina rose during the day, and its low - cost support was prominent. The trend of cast aluminum alloy followed Shanghai aluminum, and a trading strategy was proposed [8]. - The operating capacity of electrolytic aluminum remained high, the social inventory of aluminum ingots decreased, and the support level of Shanghai aluminum was pointed out [8]. 2. Industry News - Emirates Global Aluminium (EGA) is preparing for a potential IPO, with an estimated valuation of $10 - 15 billion. The IPO will test international investors' attitude towards Middle Eastern aluminum assets and consolidate the UAE's position in the aluminum supply chain [9][10]. - In 2025, the demand for aluminum cans in Japan remained at about 2.091 billion cans, the same as the previous year and remaining at the 2 - billion - can level for 10 consecutive years [10]. - On September 22, 2025, the standard warehouse receipt generation business of cast aluminum alloy futures was officially launched, with a total registration volume of 3,878 tons on the first day [10].

登录新浪财经APP 搜索【信披】查看更多考评等级 股票代码：002379 股票简称：宏创控股 公告编号：2025－046 山东宏创铝业控股股份有限公司 第六届董事会2025年第四次 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、董事会会议召开情况 山东宏创铝业控股股份有限公司（以下简称"公司"）第六届董事会2025年第四次临时会议于2025年9月 25日在公司会议室以现场结合通讯表决的方式召开，由于会议紧急，会议通知于2025年9月23日通过书 面、传真、电子邮件、电话及其他口头方式发出。会议由董事长杨丛森先生主持，并就本次董事会紧急 通知的原因在会议上作出了说明，公司董事共7人，实际出席董事7人。公司监事和高级管理人员列席了 本次会议。会议符合《公司法》等有关法律、行政法规、部门规章、规范性文件及《公司章程》的有关 规定。 二、董事会会议审议情况 1、审议并通过了《关于批准本次交易相关加期审计报告、备考审阅报告的议案》 本议案有效表决票6票，同意6票，反对0票，弃权0票，关联董事杨丛森回避表决。 公司拟通过发行股份的方式购买山东魏桥铝电有限公司、济南嘉 ...

Group 1 - The board of directors of Jiaozuo Wanfang Aluminum Industry Co., Ltd. held its fourth meeting of the tenth session on September 25, 2025, via telecommunication [2][3][5] - All eight directors attended the meeting, ensuring full participation [3] - The meeting was chaired by Chairman Yu Xuchun, with senior management present [4] Group 2 - The board approved the election of Zhang Xiaofeng as a non-independent director to replace Wang Yimin, who resigned for personal reasons [6][15] - The nomination was made by Ningbo Zhongman Technology Management Co., Ltd., a shareholder holding more than 5% of the company [6][16] - The election of Zhang Xiaofeng will be submitted for approval at the upcoming shareholders' meeting [6][16] Group 3 - The board agreed to apply for a credit facility of up to 3 billion RMB to support daily operations and improve efficiency [9] - The chairman is authorized to sign relevant legal documents within this credit limit for a period of twelve months [9][10] Group 4 - The company will hold its fifth extraordinary shareholders' meeting on October 13, 2025, to review the election of the non-independent director [11][21] - The meeting will be conducted both in-person and via online voting, with specific time slots for participation [24][26][25] - Shareholders must register by September 30, 2025, to attend the meeting [28][29]

Group 1 - Tianshan Aluminum announced that a portion of shares held by its shareholder and actual controller, Zeng Chaoyi, has been pledged, totaling 31.25 million shares [1] - As of the announcement date, Shihezi Jinlong Energy Industry Chain Co., Ltd. has pledged approximately 295 million shares, accounting for 32.81% of its holdings [1] - Shihezi Jinhui Energy Investment Co., Ltd. has pledged approximately 173 million shares, representing 50% of its holdings [1] - Zeng Chaoyi has pledged a total of approximately 144 million shares, which is 36.66% of his holdings [1] - Zeng Chaolin has pledged approximately 114 million shares, accounting for 37.81% of his holdings [1] Group 2 - The total market capitalization of A-shares has surpassed 116 trillion yuan, marking a significant milestone one year after the "9.24" event [1]