Yunnan Aluminium (SZ:000807)2025-07-23 08:38Group 1: Production and Supply - The company's electrolytic aluminum production line is operating at full capacity, with no expected impact from power restrictions due to favorable water supply in Yunnan province this year [1] - The electricity procurement cost remains controllable as it is determined through market-based pricing [1] - The company adopts a market-based pricing model for alumina procurement, maintaining reasonable inventory levels based on production needs [1] Group 2: Financial Performance and Dividends - In 2024, the total dividend amount is approximately CNY 1.422 billion, accounting for 32.23% of the net profit attributable to shareholders [2] - The company aims to maintain a cash dividend ratio of no less than 30% of the distributable profits each year, with plans to increase the dividend amount as operational performance improves [2] Group 3: Resource Acquisition and Sustainability - The company plans to accelerate the process of converting exploration to mining and enhance the acquisition of bauxite resources, while also participating in resource exploration within Yunnan province [2] - There is a focus on developing a green aluminum integrated industrial chain to ensure long-term returns for shareholders [2] Group 4: Green Aluminum Market - The company is the largest supplier of green low-carbon aluminum in China, with some downstream enterprises accepting a premium for its green aluminum products [3] - Future strategies include leveraging the green aluminum brand advantage to expand into high-end markets such as photovoltaic power, national defense, rail transportation, and electronics [3]