证券日报网讯焦作万方（000612）9月17日在互动平台回答投资者提问时表示，公司股价波动受宏观环 境、市场情绪变化等多种因素影响。如有重大事项，公司将按规定进行公告。 ...

证券日报网讯 9月17日晚间，南山铝业发布公告称，2025年半年度利润分配方案为A股每股现金红利 0.04元（含税），股权登记日为2025年9月24日，除权（息）日为2025年9月25日。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯焦作万方9月17日在互动平台回答投资者提问时表示，公司目前主要产品是铝液、铝锭及 铝合金制品，不生产镓产品。 ...

港交所消息：9月11日， 贝莱德 对 中国铝业 H股的多头持仓比例从4.71%增至5.15%。 ...

Group 1 - The company Shandong Nanshan Aluminum Co., Ltd. announced the implementation of its 2025 semi-annual profit distribution plan [1] - The profit distribution plan was approved at the annual shareholders' meeting held on April 15, 2025 [1] - A cash dividend of 0.40 yuan (including tax) will be distributed for every 10 shares, totaling 461,761,386.36 yuan (including tax) [1] Group 2 - The record date for the distribution is set for September 24, 2025, with the ex-dividend date and cash dividend payment date on September 25, 2025 [1] - The distribution will be made to all registered shareholders, excluding stocks held in repurchase accounts [1] - Different tax policies apply to various types of shareholders, and investors can consult the company's securities department for more information [1]

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints of the Report - The overall fundamentals of the alumina industry are in a relatively stable supply - demand stage, with stable production and improved spot market transactions. It is recommended to trade with a light position within a range, controlling rhythm and risks [2]. - The fundamentals of the electrolytic aluminum industry may be in a stage of stable supply and increasing demand, with overseas interest - rate cut expectations driving the price up. The option market sentiment is bullish. It is also recommended to trade with a light position within a range, controlling rhythm and risks [2]. - The fundamentals of the cast - aluminum industry may be in a stage of slightly reduced supply and recovering demand, with a dull spot market. It is suggested to trade with a light position within a range, paying attention to rhythm and risks [2]. 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main SHFE aluminum contract was 20,910 yuan/ton, down 20 yuan; the main - second - consecutive contract spread was - 65 yuan, down 25 yuan. The main contract position decreased by 16,514 lots. The LME aluminum three - month quotation was 2,712 dollars/ton, up 7.5 dollars [2]. - The closing price of the main alumina futures contract was 2,937 yuan/ton, down 14 yuan; the main - second - consecutive contract spread was - 42 yuan, up 3 yuan. The main contract position increased by 38,407 lots. The LME aluminum cancelled warehouse receipts decreased by 1,500 tons, and the LME aluminum inventory decreased by 1,500 tons [2]. - The closing price of the main cast - aluminum alloy contract was 20,460 yuan/ton, down 20 yuan; the main - second - consecutive contract spread was - 40 yuan, down 25 yuan. The main contract position increased by 2,154 lots [2]. 3.2 Spot Market - The price of Shanghai Non - ferrous A00 aluminum was 20,950 yuan/ton, unchanged; the average price of ADC12 aluminum alloy ingots nationwide was 21,050 yuan/ton, unchanged; the price of Yangtze River Non - ferrous AOO aluminum was 20,920 yuan/ton, down 70 yuan [2]. - The alumina spot price in Shanghai Non - ferrous was 2,965 yuan/ton, down 5 yuan. The basis of cast - aluminum alloy was 590 yuan/ton, down 120 yuan; the basis of electrolytic aluminum was 40 yuan/ton, up 65 yuan [2]. - The SHFE aluminum premium/discount in Shanghai Wumaomao was - 50 yuan/ton, unchanged; the LME aluminum premium/discount was 15.98 dollars/ton, unchanged; the basis of alumina was 28 yuan/ton, up 37 yuan [2]. 3.3 Upstream Situation - The national alumina production in the current month was 792.47 million tons, up 35.98 million tons; the capacity utilization rate was 84.75%, up 0.45 percentage points. The demand for alumina (electrolytic aluminum part) was 722.07 million tons, up 25.88 million tons [2]. - The average price of crushed raw aluminum in Foshan metal scrap was 16,500 yuan/ton, unchanged; the average price in Shandong metal scrap was 16,150 yuan/ton, unchanged. China's import volume of aluminum scrap and fragments increased by 4,900.05 tons, and the export volume increased by 15.06 tons [2]. - China's alumina export volume was 23 million tons, up 6 million tons; the import volume was 12.59 million tons, up 2.47 million tons. The WBMS aluminum supply - demand balance decreased by 9.41 million tons [2]. 3.4 Industry Situation - The electrolytic aluminum social inventory increased by 1.6 million tons to 58.6 million tons. The import volume of primary aluminum increased by 55,884.22 tons to 248,198.71 tons; the export volume increased by 21,416.99 tons to 40,987.71 tons [2]. - The total electrolytic aluminum production capacity was 4,523.2 million tons, unchanged; the operating rate was 98.11%, up 0.33 percentage points. The aluminum product output was 554.82 million tons, up 6.45 million tons; the output of recycled aluminum alloy ingots was 63.59 million tons, up 1.27 million tons [2]. - The export volume of unwrought aluminum and aluminum products was 53.4 million tons, down 0.6 million tons; the export volume of aluminum alloy was 2.49 million tons, down 0.09 million tons [2]. 3.5 Downstream and Application - The built - up production capacity of recycled aluminum alloy ingots was 126 million tons, unchanged. The national real - estate climate index was 93.05, down 0.28 [2]. - The aluminum alloy output was 153.6 million tons, down 13.3 million tons. The automobile output was 275.24 million vehicles, up 24.21 million vehicles [2]. 3.6 Option Situation - The 20 - day historical volatility of SHFE aluminum was 6.63%, up 0.15 percentage points; the 40 - day historical volatility was 6.18%, down 0.10 percentage points [2]. - The implied volatility of the at - the - money option of the SHFE aluminum main contract was 11.12%, up 0.0002 percentage points; the call - put ratio was 1.15, down 0.033 [2]. 3.7 Industry News - Nine departments including the Ministry of Commerce issued policies to expand service consumption, covering cross - border cooperation, sports events, and market access in multiple fields [2]. - US retail sales in August increased by 0.6% month - on - month, with real retail sales growing by 2.1% year - on - year, which may influence the Fed's interest - rate cut decision [2]. - Pan Gongsheng pointed out that the international monetary system may evolve towards a pattern of co - existence and competition among a few sovereign currencies, and new technologies will drive the evolution of cross - border payment systems [2]. - As of the end of August, the national passenger - vehicle inventory decreased by 130,000 vehicles month - on - month, with rational production control by car companies from May to August [2]. 3.8 Alumina Viewpoint Summary - The main alumina contract weakened in a volatile manner, with increased positions, spot premium, and a strengthening basis. The supply of bauxite was affected by the rainy season in Guinea, but domestic alumina production was stable. The demand from electrolytic aluminum plants was good, and the overall supply - demand was stable. It is recommended to trade with a light position within a range [2]. 3.9 Electrolytic Aluminum Viewpoint Summary - The main SHFE aluminum contract declined in a volatile manner, with decreased positions, spot premium, and a strengthening basis. The supply of alumina was stable, and the profit of smelters was good, resulting in high - level production. The demand from downstream processing plants improved, and the social inventory of aluminum ingots decreased. The option market was bullish. It is recommended to trade with a light position within a range [2]. 3.10 Casting Aluminum Alloy Viewpoint Summary - The main cast - aluminum alloy contract declined in a volatile manner, with increased positions, spot premium, and a weakening basis. The supply of scrap aluminum was tight, restricting production. The demand from downstream die - casting plants improved, but the spot market was dull. It is recommended to trade with a light position within a range [2].

国家统计局数据显示，2025年8月中国氧化铝产量792.5万吨，同比增长7.5%；1-8月累计产量6052.3万 吨，同比增长8.2%。 8月铝合金产量163.5万吨，同比增长15.2%；1-8月累计产量1232.4吨，同比增长15.3%。 8月电解铝产量380.0万吨，同比下降0.5%；1-8月累计产量3013.8万吨，同比增长2.2%。 8月铝材产量554.8万吨，同比下降4.2%；1-8月累计产量4379.0万吨，同比持平。 资讯编辑：冯诗奇 021-26093556 资讯监督：乐卫扬 021-26093827 资讯投诉：陈跃进 021-26093100 ...

电投能源（002128.SZ）9月17日在投资者互动平台表示，公司所属扎铝二期工程按照计划正常推进，预 计年底投产，经过调试后，2026年逐步释放产能，贡献利润。公司所属霍煤鸿骏铝电公司现有产能86万 吨，扎铝二期达产后产能35万吨。白音华煤电公司核定电解铝产能40.53万吨。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问扎铝二期建设进展如何？ ...

在铝产业处在加速变革、创新驱动主旋律的当下，备受瞩目的今年这届滨州铝博会将在滨州国际博览中心盛大启幕。此次铝业盛会将重点聚焦铝业最新技 术，届时将为产业链各环节带来前所未有的发展机遇，尤其有望为行业同仁解锁铝合金棒材的全球产业链密码，成为推动铝业高质量发展的关键力量。 滨州，向来素有 "中国铝都" 之称，经过多年深耕，现已经构建起完整成熟的铝产业生态体系，从铝土矿开采、氧化铝生产，到铝精深加工，各环节紧密协 同。而依托这一得天独厚的产业优势，滨州铝博会自创办以来，便迅速成长为铝行业一个技术交流、成果展示、合作洽谈的重要平台，并吸引着全球众多铝 业同仁的目光。而其中的滨州铝合金棒材更是凭借稳定的产品质量、完整的产业链配套及领先的技术优势，在全球市场占有率中稳居首位，成为我国铝产业 参与国际竞争的亮眼名片。届时这届滨州铝博会上将以其独特的平台价值，为铝合金棒材产业链上下游搭建起协同创新、资源对接、品牌升级的桥梁，成为 驱动滨州铝产业从 "单品领先" 迈向 "全链强劲" 的关键力量。 今年的这届滨州铝博会，还将全方位展示铝业最新技术，其中在新型铝合金材料方面，届时观众将有机会目睹用于制造铝合金棒材的高性能合金材料， ...

Core Insights - The high-end aluminum industry in Binzhou has achieved the world's largest production capacity, showcasing a model of "champion manufacturing" that contributes to the high-quality development of Shandong's manufacturing sector [1][3] - The success of Binzhou's aluminum industry is attributed to a focus on innovation, with significant investments in research and development leading to advanced technologies and new materials [1][2] Group 1: Innovation and Technology - Weiqiao Group leads the industry by investing heavily in R&D, mastering the world's most advanced 600 kA electrolytic cell technology, and achieving zero wastewater discharge in alumina production [1] - The group has maintained a global market share of aluminum alloy rods for nine consecutive years, driven by its commitment to R&D and production of aluminum alloy materials [1] - The establishment of three national and 15 provincial technology platforms has enabled the industry to tackle technical challenges and advance products into high-end sectors such as aerospace, automotive lightweighting, and 3C electronics [1] Group 2: Industry Cluster and Collaboration - Binzhou has developed a complete aluminum industry chain, including bauxite, alumina, electrolytic aluminum, aluminum profiles, deep processing, and recycled aluminum, with significant national production shares [2] - The region's aluminum industry cluster includes 62 key enterprises, attracting global companies and enhancing overall competitiveness through resource sharing and collaboration [2] - The synergy within the cluster has resulted in a collaborative effect where the combined output of enterprises exceeds individual contributions [2] Group 3: Government Support and Policy - The Binzhou municipal government actively supports the aluminum industry by establishing leadership groups and implementing policies to foster technological innovation and brand development [2] - Government initiatives focus on securing raw material supply, promoting green transformation, and encouraging international market expansion for enterprises [2] - These supportive measures create a conducive environment for companies to focus on development and innovation [2]