JZWF AL(SZ:000612)2025-05-22 09:48Group 1: Restructuring Progress - The audit and evaluation of the target company for the restructuring are currently underway, with updates to be announced in due course [1][2] - The restructuring aims to create a complete aluminum material industry chain, enhancing asset quality and risk resistance [1][2] - The restructuring is in line with national policies to promote the consolidation of quality assets in the aluminum industry [1] Group 2: Financial Performance and Projections - The target company, Kaiman Aluminum, reported a 2024 production capacity of 290 tons of gallium, with revenues of 30 billion and profits of 9.2 billion [2] - The company holds an 11% stake in China Rare Earth Metals Co., with no current plans for disposal [2][3] - The company's effective tax rate is projected to be 25%, with fluctuations in 2023 and 2024 due to investment income adjustments [4] Group 3: Shareholder and Market Concerns - As of May 20, 2025, the total number of shareholders is 103,092 [4] - The company acknowledges the impact of coal price declines on electricity costs, which may improve overall cost efficiency [4] - The company is committed to maintaining market value and shareholder interests through improved governance and investor relations [4]