Yunnan Aluminium (SZ:000807)2022-12-08 08:46Group 1: Company Development Strategy - The company's medium to long-term strategic goal is to leverage the abundant clean hydropower and bauxite resources in Yunnan and surrounding areas to accelerate the implementation of the "expand both ends, optimize the middle" transformation and upgrading strategy [2] - The company aims to enhance the integrated industrial chain of "bauxite - alumina - electrolytic aluminum - aluminum processing" and improve the value chain continuously [2][3] Group 2: Bauxite Resource Situation - The company’s subsidiary, Wenshan Aluminum, has discovered approximately 150 million tons of bauxite resources, which can support an annual production of 1.4 million tons of alumina for over 30 years [3] - The acquisition of Zhongla Aluminum will further enhance the company's bauxite resource reserves and alumina resource assurance rate [3] Group 3: Aluminum Alloy Cable Project - The company has signed a cooperation agreement with Jianzhong Company to establish a joint venture for aluminum alloy cable projects, with a registered capital of RMB 60 million, where the company holds a 51% stake [4] - The demand for aluminum alloy cables is expected to grow rapidly due to the expansion of the power, data communication, and urban rail transit industries, as they offer advantages over traditional copper cables [4] Group 4: Downstream Production Capacity - The company has developed an aluminum processing production capacity of 500,000 tons, covering various products such as aluminum foil, aluminum-plastic composite materials, and aluminum alloys for automotive wheels [4] - The company plans to optimize its layout and extend its industrial chain to enhance the value chain, focusing on products with significant competitive advantages and growth potential in aluminum consumption [4]