会上，环球时报、中国科协企业创新服务中心和赛迪新质生产力发展促进中心还发布了"新质生产力产 业实践示范案例"。 "发展新质生产力是我国实现高质量发展的根本动力，而AI正是驱动这一新质生产力发展的核心引 擎。"国务院国有重点大型企业监事会原主席季晓南说。针对如何应用AI发展新质生产力，他提出3点建 议：第一，要深刻把握新质生产力的内核，坚持以AI为引擎，推动发展新变革；第二，要立足中国实 践，充分发挥我国产业的综合优势，走出一条AI赋能产业发展的中国式道路；第三，要着力构建支撑 生态，汇聚各方合力，推动AI在具体场景中创造多层次实实在在的价值。 中化新网讯 1月29日，第二届"新质生产力产业实践洞见活动"在京举办。会上，多位嘉宾围绕人工智能 （AI）与产业融合、发展产业新质生产力等话题展开案例分享，并指出AI正逐步深入核心生产系统， 成为驱动产业升级的新质生产力引擎。 在圆桌对话环节，嘉宾们结合各自产业实践，深入分析了AI规模化落地面临的多重挑战与破解路径。 大家一致认为，AI规模化应用的成功标准关键在于能否创造实际价值，而不仅仅是技术本身的先进 性。未来，AI将在制造业、能源、交通、医疗、金融等行业迎来更深入 ...

Summary of Conference Call Notes Company and Industry Involved - **Company**: Century Aluminum - **Industry**: Aluminum and Data Center Infrastructure Key Points and Arguments 1. **Sale of Aluminum Smelter**: Century Aluminum sold its idle aluminum smelter in Hawesville, Kentucky, with an annual capacity of 250,000 tons to data center developer TeraWulf, which will convert the site into a digital infrastructure park [1] 2. **Power Supply**: The smelter is associated with approximately 480 MW of power supply, indicating significant energy resources for the new development [1] 3. **Future Energy Consumption Trends**: According to IAI statistics, global electrolytic aluminum energy consumption is projected to reach 936 TWh by the end of 2024, with North America consuming 54 TWh. McKinsey forecasts that by 2030, energy consumption by data centers in the U.S. will reach 606 TWh, contributing to a global demand of 1,400 TWh for data centers [1] 4. **Electricity Pricing Power**: The transition to AI-driven infrastructure suggests that electrolytic aluminum companies may have reduced bargaining power regarding electricity pricing [1] 5. **Long-term Supply and Demand Dynamics**: The long-term supply-demand balance for electrolytic aluminum remains tight, with a global supply growth rate (CAGR) of approximately 1.5%. Short-term breakthroughs in power carriers are unlikely [2] 6. **Demand Growth**: Demand for aluminum is expected to be driven by multiple sectors, including construction, industrial materials, electricity, and transportation, as the impact of construction diminishes [2] 7. **Investment in Infrastructure**: The national grid investment under the 14th Five-Year Plan is projected to reach 4 trillion yuan, an increase of 40%, indicating strong governmental support for infrastructure development [2] 8. **Aluminum Price Outlook**: With current low inventory levels, aluminum prices are expected to break out of the previous three-year range and enter a significant upward trend [2] 9. **Risk Factors**: Potential risks include unexpected changes in production capacity and macroeconomic policy shifts [2]

机构持仓方面，截止2025年9月30日，明泰铝业十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股8295.87万股，相比上期增加5914.81万股。南方中证1000ETF（512100）位居第十大流通 股东，持股1137.49万股，为新进股东。 融资方面，明泰铝业当日融资买入8777.45万元。当前融资余额12.39亿元，占流通市值的6.21%，融资 余额超过近一年90%分位水平，处于高位。 资料显示，河南明泰铝业股份有限公司位于河南省巩义市回郭镇开发区，成立日期1997年4月18日，上 市日期2011年9月19日，公司主营业务涉及铝板带及铝型材相关产品的研发、生产与销售业务。主营业 务收入构成为：河南明泰分部64.61%，明泰科技分部37.46%，明晟新材料分部36.97%，泰鸿新材料分 部25.44%，义瑞新材料分部24.73%，昆山明泰分部12.86%，其他经营分部10.53%，泰鸿铝业分部 8.57%，交通新材料分部1.99%。 截至9月30日，明泰铝业股东户数5.72万，较上期增加2.37%；人均流通股21309股，较上期减少2.32%。 2025年1月-9月，明泰铝业实现营业收入25 ...

Core Viewpoint - Southbound funds have reduced their holdings in CITIC Resources (01205.HK) by 4,000 shares on February 3, indicating a trend of net selling over recent trading days [1] Group 1: Southbound Fund Activity - In the last 5 trading days, southbound funds have reduced their holdings for 5 days, with a total net reduction of 954,000 shares [1] - Over the past 20 trading days, there has been a total net reduction of 4,094,000 shares, with southbound funds reducing their holdings for all 20 days [1] - Currently, southbound funds hold 70,964,100 shares of CITIC Resources, which represents 0.9% of the company's total issued ordinary shares [1] Group 2: Company Overview - CITIC Resources Holdings Limited is primarily engaged in the exploration and sale of natural resources [1] - The company operates through four segments: - The crude oil segment focuses on oilfield operations and crude oil sales in Indonesia and China - The electrolytic aluminum segment operates aluminum smelting plants and sells aluminum ingots in Australia - The coal segment operates coal mines and sells coal in Australia - The import and export segment deals with the import of other goods and manufactured products [1]

Core Viewpoint - The aluminum market is experiencing significant volatility due to macroeconomic sentiment shifts, leading to a rapid outflow of funds and a notable price correction in the Shanghai aluminum futures market, despite no substantial changes in the fundamental supply-demand dynamics [1] Demand Analysis - Currently, the market is in a seasonal consumption lull, with the upcoming Spring Festival contributing to weakened demand; this has resulted in a lack of trading activity and low willingness among downstream enterprises to purchase aluminum [1] - The operating rates of aluminum processing companies are continuously declining, reflecting the overall weak demand environment [1] Inventory Situation - Since late December of the previous year, domestic aluminum ingot social inventories have been consistently accumulating, reaching levels higher than those of the same period in the past two years, which exerts downward pressure on aluminum prices [1] Supply Dynamics - Supply remains relatively stable, with a slight increase in domestic production and some fluctuations in import volumes; however, the overall supply-demand fundamentals are weakening as inventories rise [1] Market Sentiment and Recommendations - The recent price drop has triggered some restocking behavior, but with the approach of the Spring Festival, overall consumption is expected to remain weak, leading to reduced orders from end manufacturers and further declines in the operating rates of downstream aluminum processing companies [1] - The current market is heavily influenced by macroeconomic sentiment, with the potential for continued significant price fluctuations in the short term; cautious trading strategies are advised [1]

上海期货价格走势：今日铸造铝合金主力月2603合约偏弱震荡，截止当日15：00收盘，铸造铝主力合约 报22215元，跌275元，跌幅1.22%，全天成交量15339手减少1926手；持仓量4823手减少571手。 据长江有色金属网数据统计，2月3日长江现货数据显示，铝合金ADC12报价23300-23500元/吨，均价报 23400元/吨，跌100元；铸造铝合金锭(A356.2)报价25300-25700元/吨，均价报25500元/吨，跌300元；铸 造铝合金锭(A380）报价24700-24900元/吨，均价报24800元/吨，跌200元；铸造铝合金锭(ZL102)报价 24800-25000元/吨，均价报24900元/吨，跌300元；铸造铝合金锭(ZLD104)报价24700-24900元/吨，均价 报24800元/吨，跌300元； ccmn铸造铝合金市场分析： 宏观层面，特朗普提名前美联储理事沃什为下任美联储主席，市场预计新主席或倾向降息，但会推行更 严格的资产负债表政策。美国1月ISM制造业指数大幅升至52.6，远超48.5的预期值，创2022年2月以来 新高，新订单、产出稳健增长，就业指数改善，缓解 ...

CCMN现货市场评述：今日长江现货成交价格23270-23310元/吨，跌410元，贴水240-贴水200，持平； 广东现货23275-23325元/吨，跌400元，贴水225-贴水175，涨20元；上海地区23260-23300元/吨，跌410 元，贴水250-贴水210，持平。 宏观层面，尽管特朗普信任提名主席沃什主张的货币政策框架鸽派立场不及预期，但业内专家指出，美 联储现有的利率管理机制高度依赖充裕的流动性环境，在不影响市场稳定的前提下收缩流动性面临重重 挑战。削减债券持仓本质上是紧缩行为，可能与降低利率的诉求相悖。金银市场巨震使全球市场风险偏 好急剧降温，而沃什的大规模缩表计划也与美联储当前依赖充裕流动性的利率管理机制存在冲突。此 外，特朗普计划启动战略关键矿产储备项目，供美国汽车企业、科技公司和制造商等采购并存储关键矿 产资源，以帮助企业对冲原材料价格波动风险，减少自行囤积库存的需求。国内方面，中国1月 RatingDog制造业PMI升至三个月高位50.3，销售价格14个月来首次回升，提振了市场多头信心，限制了 铝价跌幅。 CCMN国际市场：今日伦铝探底回升，LME三个月北京时间14：51报于30 ...

信期货有限公司 2026年02月02日 IC Futures Company Limited 铝产业链日度数据跟踪 二、电解铝 三、铝合金 一、氧化铝 （1）提我的钢铁网，2月2日固产矿价格为491元 吨，环比0元 /吨，2月几、《1）据我的钢铁网，2月2日电解铝现货均价为23723元 /吨，环比-92元／（1）提我的钢铁网、2月2日生铝价格为1730元/吨，熟 铝价格为17750元/吨,环比-700元/吨。 吨;升贴水为-220元/吨,环比-10元/吨。 内亚进口矿价格61美元/干吨,环比0美元/干吨; (2) 据我的钢铁网,2月2日ADC12价格为23300元/吨,环比-400元/吨。 (2) 据上期所,2月2日期货库存为150459吨,环比+5388吨。 (2) 据阿拉丁,1月30日现货价格指数为2610元/吨,环比0元/吨。 (3) 据我的钢铁网,2月2日铝棒加工费为21元/吨,环比+60元/吨。 (3) 据上期所,2月2日期货库存为67725吨,环比-481吨。 (3) 据上期所,2月2日期货库存为182201吨,环比+11097吨。 氧化铝基本面观测指标 图表 1: 国产铝土矿价格 图表 2: 几 ...

新能源及有色金属日报 | 2026-02-03 库存方面，截止2026-02-02，SMM统计国内电解铝锭社会库存81.7万吨，较上一期变化3.5万吨，仓单库存150459 吨，较上一交易日变化5388吨，LME铝库存497175吨，较上一交易日变化1450吨。 氧化铝现货价格：2026-02-02SMM氧化铝山西价格录得2610元/吨，山东价格录得2555元/吨，河南价格录得 2635元/吨，广西价格录得2675元/吨，贵州价格录得2735元/吨，澳洲氧化铝FOB价格录得308美元/吨。 氧化铝期货方面：2026-02-02氧化铝主力合约开于2767元/吨，收于2772元/吨，较上一交易日收盘价变化-17 元/吨，变化幅度-0.61%，最高价达到2836元/吨，最低价为2738元/吨。全天交易日成交983744手，全天交易日 持仓375783手。 铝合金价格方面：2026-02-02保太民用生铝采购价格17100元/吨，机械生铝采购价格17500元/吨，价格环比昨 日变化-600元/吨。ADC12保太报价23300元/吨，价格环比昨日变化-600元/吨。 铝合金库存：铝合金社会库存6.73万吨，厂内库存7. ...

Group 1 - The company, Jinkong Power (000767.SZ), confirmed that its affiliate, Chalco Shanxi New Materials Co., Ltd., produces anode carbon, which is primarily used as a raw material for electrolytic aluminum production [2] - The inquiry from investors on the interactive platform specifically asked whether the anode carbon produced is utilized in electromagnetic energy storage, to which the company did not provide a direct answer [2] - The production of anode carbon is significant as it relates to the broader aluminum industry, indicating potential implications for supply chains and production processes [2]