Nanshan Aluminum's net profit is expected to grow by 67% to 83% in the first half of the year.

On July 12, Nanshan Aluminum released its performance forecast for the first half of the year, expecting a net profit attributable to shareholders of the listed company to be between 1.416 billion and 1.55 billion yuan from January to June, a year-on-year increase of 66.85% to 82.64%; the net profit after deducting non-recurring items is expected to increase by 75.04% to 92.21% year-on-year, approximately 1.366 billion to 1.5 billion yuan. Among them, the company's net profit in the second quarter is expected to be between 880 million and 1.014 billion yuan, setting a new record for Nanshan Aluminum's quarterly performance.

The report shows that the main reasons for the significant growth in sales and profits in the first half of the year are twofold: first, the company continues to optimize its product structure and reasonably layout its domestic and international markets, while the production capacity of automotive sheet products has exceeded expectations, resulting in a significant increase in sales compared to the same period last year; second, aluminum ingot prices have continued to rise, and although the prices of bulk raw materials have also increased, the profit margin for aluminum products has still increased compared to the same period last year.

Nanshan Aluminum is a leading enterprise in high-end aluminum processing integration in China, with a complete aluminum industry chain in the same region globally, including power generation, alumina, electrolytic aluminum, high-end casting, extruded aluminum profiles, thick plate rolling, thin plate rolling, aluminum foil rolling, and various alloy forging. Its end products are widely used in several fields such as aviation, automotive, rail transportation, shipping, electricity, and containers. It has become a supplier for aircraft manufacturers such as CRRC, COMAC, Boeing, Rolls-Royce, and Safran, as well as many world-class automotive companies like BMW and General Motors, and is a member of the world’s top aviation materials suppliers club and the first domestic manufacturer of aluminum plates for passenger cars with four doors and two hoods.

Since the beginning of this year, Nanshan Aluminum's marketing has achieved steady growth. In the automotive sector, the company’s main supply of automotive sheet business for the new energy vehicle sector has already established cooperation with major domestic and international automotive manufacturers. In April of this year, the sales of the first phase of the automotive sheet project, with a capacity of 100,000 tons, have exceeded 10,000 tons, and the construction of the second phase of the 100,000-ton project is also progressing in an orderly manner. With the trend of automotive lightweight development becoming increasingly evident, Nanshan Aluminum's automotive sheet business is expected to continue to maintain rapid growth. In the aviation sector, Nanshan Aluminum is committed to becoming a world-leading supplier of aviation and automotive materials and a first-class aluminum processing enterprise. It has already become a supplier of aviation plates for many top aircraft manufacturers in the world, achieving full-range and full-series certification for aviation aluminum alloys, becoming a qualified supplier for many mainstream aircraft manufacturers, and achieving bulk supply. In the battery foil sector, Nanshan Aluminum has become a core supplier for well-known battery manufacturers such as CATL. In addition, Nanshan Aluminum's low-cost alumina project laid out in Indonesia has already put its first phase of 1 million tons into production in the first half of this year, which will further improve Nanshan Aluminum's resource self-sufficiency rate, reduce production costs, and enhance profit levels.