Revenue and Profit - Revenue for the third quarter was CNY 54.34 billion, a decrease of 20.85% compared to the same period last year[2] - Net profit attributable to shareholders increased by 105.35% year-on-year to CNY 1.94 billion[2] - The basic earnings per share rose to CNY 0.111, reflecting a 113.46% increase compared to the previous year[2] - Total operating revenue for the first three quarters of 2023 was RMB 188.40 billion, a decrease of 17.2% compared to RMB 227.62 billion in the same period of 2022[18] - Operating profit for the first three quarters of 2023 was RMB 11.20 billion, down 16.3% from RMB 13.39 billion in the same period of 2022[19] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was RMB 5.35 billion, slightly down from RMB 5.40 billion in the same period of 2022[20] - The total comprehensive income for the first three quarters of 2023 was RMB 8.98 billion, down from RMB 10.33 billion in the same period of 2022[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 210.34 billion, a decrease of 0.95% from the previous year[4] - The total current assets as of September 30, 2023, amount to RMB 55,596,471,000, an increase from RMB 54,535,973,000 as of December 31, 2022[14] - The total non-current assets as of September 30, 2023, are RMB 154,743,864,000, down from RMB 157,811,923,000 as of December 31, 2022[15] - Total liabilities decreased to RMB 114,299,175,000 as of September 30, 2023, from RMB 124,593,412,000 as of December 31, 2022[16] - The company’s total liabilities to equity ratio improved to 1.19 as of September 30, 2023, compared to 1.42 as of December 31, 2022[16][17] - The company's total assets amounted to CNY 124,089,350 as of September 30, 2023, slightly down from CNY 125,587,206 at the end of 2022, a decrease of 1.2%[27] - Total liabilities decreased to CNY 71,955,115 as of September 30, 2023, down from CNY 75,663,980 at the end of 2022, reflecting a reduction of 4.7%[27] - Long-term borrowings decreased to CNY 16,732,970 from CNY 19,411,000, a decline of 13.8%[27] Cash Flow - The company reported a net cash flow from operating activities of CNY 20.40 billion for the year-to-date period[2] - Cash flow from operating activities for the first three quarters of 2023 was RMB 20.40 billion, a decrease of 15.4% compared to RMB 24.14 billion in the same period of 2022[21] - Cash flow from investing activities resulted in a net outflow of RMB 5.88 billion in the first three quarters of 2023, an improvement from a net outflow of RMB 7.27 billion in the same period of 2022[22] - Cash flow from financing activities showed a net outflow of RMB 14.87 billion in the first three quarters of 2023, compared to a net outflow of RMB 13.23 billion in the same period of 2022[23] Production and Sales - The production of metallurgical alumina decreased by 7.35% to 12.46 million tons compared to the same period last year[8] - The sales volume of self-produced metallurgical alumina increased by 7.84% to 5.01 million tons[8] - The production of coal increased by 19.19% to 9.69 million tons compared to the previous year[8] Research and Development - Research and development expenses increased to RMB 3.33 billion in the first three quarters of 2023, up 22.7% from RMB 2.72 billion in the same period of 2022[18] - Research and development expenses increased to CNY 558,518 in the first three quarters of 2023, up from CNY 360,807 in the same period of 2022, representing a growth of 54.7%[28] Shareholder Information - As of September 30, 2023, China Aluminum Group holds a total of 5,474,485,019 shares, representing approximately 31.90% of the company's total issued share capital[13] - The total equity attributable to shareholders as of September 30, 2023, is RMB 59,095,867,000, compared to RMB 54,401,529,000 as of December 31, 2022[17] - The company has a total of 5,050,376,970 shares of RMB ordinary shares held by China Aluminum Group as of September 30, 2023[12] - The total equity of the company increased to CNY 52,134,235 as of September 30, 2023, up from CNY 49,923,226 at the end of 2022, an increase of 4.4%[27]

Financial Performance - The company reported unaudited interim operating results for the six months ended June 30, 2023[5]. - For the six months ended June 30, 2023, the company's revenue was RMB 134.06 billion, a decrease of 15.66% compared to the same period last year[24]. - The net profit attributable to the owners of the company for the same period was RMB 3.42 billion, down from RMB 4.46 billion year-on-year[28]. - The company's operating costs for the first half of 2023 were RMB 122.06 billion, a decrease of RMB 18.34 billion compared to RMB 140.40 billion in the previous year[29]. - The company reported a net profit for the period of RMB 5,586,456,000, down from RMB 8,705,930,000 in the previous year, indicating a decrease of about 35.5%[107]. - The total comprehensive income for the period was RMB 5,311,454,000, down from RMB 8,391,499,000 in the same period last year, a decrease of around 36.5%[107]. - The company reported a foreign currency translation loss of RMB 283,220,000 for the period, compared to a loss of RMB 306,747,000 in the previous year[107]. - The company reported a profit before tax of RMB 6,719,693,000, a decrease from RMB 10,260,591,000 in the same period of 2022, representing a decline of approximately 34.8%[106]. Production and Operations - In the first half of 2023, the company's alumina production reached 8.23 million tons, while electrolytic aluminum production was 3.06 million tons, contributing to a total profit of RMB 6.72 billion and a net profit of RMB 5.59 billion[11]. - The company added 2.1 million tons of domestic bauxite resources in the first half of 2023, supporting its resource acquisition strategy[12]. - The company is adapting to changes in the bauxite market, particularly with Indonesia's tightening of bauxite exports and the implementation of a bauxite export ban[6]. - The company is advancing key projects, including a 420,000-ton electrolytic aluminum project in Inner Mongolia and a 2 million-ton alumina project in Guangxi[12]. - The company continues to focus on the exploration and extraction of bauxite resources, as well as the production and sale of alumina and aluminum products[114]. Market Conditions - The reliance on imported bauxite has increased, with over 70% of the total imported bauxite coming from Guinea[6]. - Domestic alumina enterprises are facing tight supply and high prices due to difficulties in obtaining mining rights and environmental regulations[6]. - The average spot price of domestic alumina in the first half of 2023 was RMB 2,896 per ton, a year-on-year decrease of 3.7%[7]. - The average price of LME aluminum in the first half of 2023 was USD 2,363 per ton, a year-on-year decrease of 23.4%[8]. - Global alumina production in the first half of 2023 was approximately 68.54 million tons, with a consumption of about 68.41 million tons, representing year-on-year growth of 2.6% and 1.8% respectively[7]. Research and Development - The company implemented 41 major R&D projects in the first half of 2023, resulting in 165 patent authorizations[13]. - Research and development expenses remained stable at RMB 1.69 billion, compared to RMB 1.67 billion in the same period last year[31]. - The company aims to accelerate industrial structure adjustment, focusing on high-end advanced materials such as fine alumina and high-purity aluminum[19]. - The company is constructing a high-level technology innovation platform and promoting the establishment of technology centers to facilitate the transformation of scientific achievements into economic benefits[20]. Corporate Governance - The company is committed to improving corporate governance and enhancing the quality of listed companies by refining its institutional framework and enhancing information disclosure[21]. - The company has established a compliance management system and is enhancing risk prevention and control capabilities through dynamic monitoring of major risks[15]. - The independent non-executive directors were reappointed on June 21, 2022, ensuring continuity in governance[55]. - The company has maintained strict compliance with corporate governance regulations as per the requirements of the China Securities Regulatory Commission and the Hong Kong Stock Exchange[83]. Shareholder Information - The company did not declare an interim dividend for the six months ended June 30, 2023[25]. - The largest shareholder, China Aluminum Group Co., Ltd., held 5,295,895,019 A-shares and 178,590,000 H-shares, representing 31.90% of the total issued share capital[57]. - A total of 1.39 million restricted shares were granted to 1,206 employees under the incentive plan implemented in 2022, linking performance to incentives[56]. - The total number of shareholders for A-shares and H-shares was 414,008 as of June 30, 2023[62]. Financial Position - The company achieved a net cash flow from operations of RMB 10.24 billion by the end of June 2023, with a debt-to-asset ratio of 55.61%, down 3 percentage points from the beginning of the year[11]. - As of June 30, 2023, the group's current assets were RMB 52.183 billion, down RMB 2.353 billion from RMB 54.536 billion at the end of the previous year[43]. - The group's current liabilities decreased to RMB 56.843 billion, down RMB 5.524 billion from RMB 62.367 billion at the end of the previous year, primarily due to the repayment of short-term debts[43]. - The company reported a significant reduction in impairment losses on property, plant, and equipment, with no losses recorded compared to RMB 2.10 billion in the previous year[31]. - The company reported a financial asset impairment reversal of RMB 233,115 compared to a loss of RMB 50,398 in the previous year[105]. Strategic Initiatives - The company plans to enhance cost competitiveness by optimizing production models and ensuring stable operation of equipment to maintain effective production capacity[18]. - The company is actively developing new materials to meet the demands of emerging markets, aligning with national strategic emerging industry development needs[19]. - The company continues to focus on market expansion and technological development as part of its strategic initiatives[69]. - The company aims to enhance its market competitiveness by improving supply chain capabilities and managing credit risks effectively[24]. Risk Management - The company has identified multiple financial risks, including market risk, credit risk, and liquidity risk, and has implemented a comprehensive risk management strategy[196]. - The liquidity risk management plan focuses on minimizing potential adverse impacts on the company's financial performance due to market unpredictability[196].

Financial Performance - The unaudited interim results for the six months ended June 30, 2023, were announced, reflecting the company's performance during this period[5]. - For the six months ended June 30, 2023, the company's revenue was RMB 134.06 billion, a decrease of 15.66% compared to the same period last year[24]. - The company's total profit for the first half of 2023 was RMB 6.72 billion, with a net profit of RMB 5.59 billion[11]. - The net profit attributable to the owners of the company for the same period was RMB 3.42 billion, down from RMB 4.46 billion year-on-year[28]. - The operating costs for the first half of 2023 were RMB 122.06 billion, a decrease of RMB 18.34 billion compared to RMB 140.40 billion in the previous year[29]. - The company's net profit for the fiscal year 2022 was approximately RMB 1.683 billion, with a proposed cash dividend of RMB 0.036 per share, totaling around RMB 618 million[84]. - The company reported a decrease in cash and cash equivalents to RMB 11,836,724 from RMB 16,816,684, a decline of about 29.6%[102]. - The company reported a foreign currency translation loss of RMB 283,220,000 for the period, compared to a loss of RMB 306,747,000 in the previous year[107]. - The total comprehensive income for the period was RMB 5,311,454,000, down from RMB 8,391,499,000 in the same period last year, a decrease of around 36.5%[107]. Production and Operations - In the first half of 2023, the company's alumina production reached 8.23 million tons, while electrolytic aluminum production was 3.06 million tons[11]. - The company reported an increase in imported bauxite, with over 70% of the total imports coming from Guinea, compensating for the reduction in imports from Indonesia due to export restrictions[6]. - The company added 21 million tons of domestic bauxite resources in the first half of 2023[12]. - Global alumina production in the first half of 2023 was approximately 68.54 million tons, with a consumption of about 68.41 million tons, representing year-on-year increases of 2.6% and 1.8% respectively[7]. - The company achieved a comprehensive utilization rate of red mud at 14.85%, the highest in history, and processed 192,000 tons of waste aluminum in the first half of the year[14]. - The company is focusing on safety management and environmental protection, with continuous reductions in emissions of sulfur dioxide, nitrogen oxides, and other pollutants[14]. Research and Development - The company implemented 41 major R&D projects in the first half of 2023, resulting in 165 patent authorizations[13]. - Research and development expenses remained stable at RMB 1.69 billion, compared to RMB 1.67 billion in the same period last year[31]. - The company is committed to ongoing research and development in aluminum and related technologies, although specific new products or technologies were not detailed in the report[120]. - The company is focusing on new technology research and development to drive innovation and competitiveness in the market[109]. Shareholder Relations and Governance - The company expressed gratitude to shareholders for their support and concern, indicating a strong relationship with investors[5]. - The company is committed to improving corporate governance and enhancing the quality of listed companies by refining its institutional framework and enhancing information disclosure[21]. - The company aims to enhance its governance structure and establish a stable incentive mechanism to provide continuous returns to shareholders[86]. - The company has maintained complete operational independence from its controlling shareholder in terms of business, personnel, assets, and finances[83]. Financial Position and Liabilities - The company reduced its asset-liability ratio to 55.61%, a decrease of 3 percentage points from the beginning of the year[11]. - As of June 30, 2023, the group's current assets were RMB 52.183 billion, down RMB 2.353 billion from RMB 54.536 billion at the end of the previous year[43]. - The group's current liabilities decreased to RMB 56.843 billion, down RMB 5.524 billion from RMB 62.367 billion at the end of the previous year, mainly due to the repayment of short-term debts[43]. - The total amount of pledged assets for bank loans is RMB 6,954.1 million as of June 30, 2023[69]. - The company has provided guarantees for its subsidiaries totaling approximately RMB 10.969 billion[70]. Market and Competitive Strategy - The company aims to enhance its market competitiveness by improving supply chain capabilities and managing credit risks effectively[24]. - The company plans to continue its market expansion and product development strategies to enhance future performance[109]. - The company is responding to the complex global economic environment by striving to achieve its strategic goal of becoming a world-class aluminum company[17]. Segment Performance - The alumina segment's revenue for the first half of 2023 was RMB 21.53 billion, down RMB 6.65 billion from RMB 28.17 billion year-on-year[34]. - The primary aluminum segment reported revenue of RMB 56.59 billion, a decrease of RMB 13.01 billion compared to RMB 69.60 billion in the previous year[36]. - The trading segment's revenue was RMB 124.31 billion, down RMB 16.48 billion from RMB 140.78 billion year-on-year[38]. - The energy segment generated operating revenue of RMB 4.824 billion in the first half of 2023, slightly up from RMB 4.819 billion year-on-year[39]. Employee and Share Capital - The total number of employees in the group was 65,131, with employee compensation including salaries, bonuses, and various benefits accounting for approximately 16% of total employee remuneration[56]. - The largest shareholder, China Aluminum Group Co., Ltd., held 5,295,895,019 A-shares and H-shares, representing approximately 31.90% of the total issued share capital as of June 30, 2023[57]. - The company’s share capital structure included 5,050,376,970 A-shares directly held by China Aluminum Group, accounting for 29.43% of the total issued A-shares[59]. - A total of 1.39 million restricted shares were granted to 1,206 employees under the incentive plan implemented in 2022, linking performance and personal evaluations to the incentive payout[56]. Compliance and Regulatory Matters - The company has committed to strict compliance with corporate governance requirements as per relevant regulations and stock exchange rules[83]. - The company received approval from the State-owned Assets Supervision and Administration Commission for the implementation of the restricted stock incentive plan[87]. - There were no significant litigation or arbitration matters during the reporting period, nor any significant contingent liabilities[85].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 (股份代號：2600) 2023年第一季度報告 本 公 告 乃 由 中 國 鋁 業 股 份 有 限 公 司（「本公司」或「公 司」，與 其 附 屬 公 司 合 稱「本集團」）根 據 香 港 法 例 第571章證券及期貨條例第XIVA部及香港 聯合交易所有限公司證券上市規則第13.09條和第13.10B條之規定而作出。 重 要 內 容 提 示： 公 司 董 事 會、監 事 會 及 董 事、監 事、高 級 管 理 人 員 保 證 季 度 報 告 內 容 的 真 實、準 確、完 整，不 存 在 虛 假 記 載、誤 導 性 陳 述 或 者 重 大 遺 漏，並 承 擔 個 別 和 連 帶 的 法 律 責 任。 公 司 負 責 人、主 管 會 計 工 作 負 責 人 及 會 計 機 構 負 責 人（會 計 主 管 人 員）保 證 季 度 報 告 中 ...

（在中華人民共和國註冊成立的股份有限公司） 股份代號：02600 2022 年 度 報 告 目 錄 2 公司簡介 5 財務摘要 9 董事、監事、高級管理人員及員工 20 股本結構、變動及主要股東持股情況 26 董事長報告 33 管理層對財務狀況和經營業績的討論與分析 39 董事會報告 64 監事會報告 68 企業管治及內部控制報告 89 重要事項 99 關連交易 118 獨立核數師報告 125 合併財務狀況表 127 合併損益及其他綜合收益表 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的 任何損失承擔任何責任。 2022年 度 業 績 公 告 中 國 鋁 業 股 份 有 限 公 司（下 稱「本 公 司」）董 事 會 欣 然 宣 佈 本 公 司 及 其 附 屬公司（統稱「本集團」）截至2022年12月31日止財政年度經審核之全年業績。 本公告列載本公司2022年年報全文，並符合香港聯合交易所有限公司證 券 上 市 規 則 中 有 關 年 度 業 績 初 步 公 告 附 載 的 資 料 的 要 求。本 公 司2022 年 年 報 及 其 印 刷 版 本 將 於2023年4月30日 或 之 前 寄 發 予 本 公 司 的H股 股 東，其時並可於香港聯交所的網站http://www.hkex.com.hk及本公司的網站 http://www.chalco.com.cn閱覽。 目 錄 ...