China Aluminum International Engineering Corporation (601068.SH) awarded the contract for a 30.3 billion yuan aluminum electrolysis project.

date
17:21 03/12/2025
avatar
GMT Eight
China Aluminum International (601068.SH) announced that on December 2, 2025, its holding subsidiary, Shenyang Aluminum and Magnesium Design Research Institute Co., Ltd. (leading party, referred to as Shenyang Institute), formed a consortium with Shanghai Baoye Group Co., Ltd. (referred to as Shanghai Baoye), China National Nonferrous Metals Construction Company Limited (a wholly-owned subsidiary of the company, referred to as Twelve Metallurgy), China 7th Metallurgical Construction Engineering Company Limited (referred to as Seventh Metallurgy), and Yunnan Construction Investment Machinery Manufacturing and Installation Engineering Company Limited (referred to as Yunnan Construction Investment Machinery), and won the bid for the construction of 394,000 tons/year electrolytic aluminum project (29.4 million tons/year in the first phase) of Shanxi Zhaofeng Aluminum Electric New Materials Co., Ltd., with a total contract price of 3.03 billion yuan.
China Aluminum International Engineering Corporation (601068.SH) announced that on December 2, 2025, its controlling subsidiary Shenyang Aluminum Magnesium Design Research Institute Co., Ltd. (lead party, referred to as Shenyang Institute) formed a consortium with Shanghai Baoye Group Co., Ltd. (referred to as Shanghai Baoye), China National Nonferrous Metals Industry Corporation (a wholly-owned subsidiary of the company, referred to as China Nonferrous Construction Group), Seventh Metallurgical Construction Group Co., Ltd. (referred to as Seventh Metallurgy), and Yunnan Construction Investment Machinery Manufacturing Installation Engineering Co., Ltd. (referred to as Yunnan Construction Investment Machinery) and won the bid for the construction of a new 394,000 tons/year electrolytic aluminum project (first phase of 294,000 tons/year) of Shanxi Zhaofeng Aluminum Electric New Materials Co., Ltd., with a total contract price of 3.03 billion yuan. If the contract for this project is formally signed and successfully implemented, it will help to expand the company's operating scale, positively impact the company's current and future annual performance, improve the company's sustainable profitability, but the specific amount affecting the company's financial indicators cannot be calculated at present.