China Aluminum International Engineering Corporation (02068) subsidiary consortium won the bid for the upgrading and renovation project of the Qingtongxia electrolytic cell "Large in place of Small" with a total contract price of approximately 2.909 billion yuan.
Chinalco International (02068) announced that on November 27, 2025, its controlling subsidiary Shenyang Aluminum-Magnesium Design Research Institute Co., Ltd. (Shenyang Institute) has formed a consortium with China Nonferrous Metal Industry Sixth Metallurgical Construction Co., Ltd. (a wholly-owned subsidiary of the company, Sixth Metallurgy), Seventh Metallurgical Installation Engineering Co., Ltd. (Seventh Metallurgy), Yunnan Investment Machinery Manufacturing Installation Engineering Co., Ltd. (Yunnan Investment Machinery), and MinMetals 23rd Metallurgical Construction Group Co., Ltd. (23rd Metallurgy) to win the bid for the "upgrade and renovation project for the Qingtongxia electrolytic tank" with a contract total of approximately RMB 2.909 billion.
China Aluminum International Engineering Corporation (02068) announced on November 27, 2025 that its controlling subsidiary, Shenyang Aluminum and Magnesium Design Research Institute Co., Ltd. (Shenyang Institute) has formed a consortium with China Nonferrous Metal Industry Sixth Metallurgical Construction Co., Ltd. (a wholly-owned subsidiary of the company), Seventh Metallurgical Installation Engineering Co., Ltd. (Seventh Metallurgy), Yunnan Investment Mechanical Manufacturing and Installation Engineering Co., Ltd. (Yunnan Investment Machinery), and China Minmetals Corporation Twenty-Three Metallurgical Construction Group Co., Ltd. (Twenty-Three Metallurgy), and won the bid for the "upgrading and renovation project of the electrolytic cell at Qingtongxia by replacing large with small." The total contract price is approximately RMB 2.909 billion.
If the contract for this project is officially signed and successfully implemented, it will be conducive to expanding the company's operating scale, positively impacting the company's current and future annual performance, and enhancing the company's ability to sustain profitability. However, the specific amount that will affect the company's financial indicators cannot be estimated at the moment.
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