Group 1 - The core point of the article is the management change at Xinjiang Zhonghe, where Sun Jian resigns as General Manager but remains as Chairman, and Ma Feixue is appointed as the new General Manager [1] - Xinjiang Zhonghe's revenue composition for the first half of 2025 is as follows: electronic materials account for 41.99%, alloy products for 39.49%, other businesses for 9.46%, and aluminum products for 9.05% [1] - As of the report date, Xinjiang Zhonghe has a market capitalization of 11.5 billion yuan [1]

Core Viewpoint - The report highlights the growth and production statistics of China's primary aluminum (electrolytic aluminum) industry, projecting a slight increase in production for 2025 and providing insights into investment opportunities within the sector [1]. Group 1: Industry Overview - As of October 2025, China's primary aluminum (electrolytic aluminum) production is expected to reach 3.8 million tons, reflecting a year-on-year growth of 0.4% [1]. - Cumulative production from January to October 2025 is projected to be 37.753 million tons, indicating a cumulative growth of 2% compared to the previous year [1]. Group 2: Companies Involved - Listed companies in the aluminum sector include China Aluminum (601600), Nanshan Aluminum (600219), Yun Aluminum (000807), Xinjiang Zhonghe (600888), Shenhuo Co. (000933), Zhongfu Industrial (600595), Jiaozuo Wanfang (000612), Dongyangguang (600673), Tianshan Aluminum (002532), and Minfa Aluminum (002578) [1]. Group 3: Research and Consulting - The report is published by Zhiyan Consulting, a leading industry consulting firm in China, which specializes in providing in-depth industry research reports, business plans, feasibility studies, and customized services [1].

Core Viewpoint - Xinjiang Zhonghe's stock price has shown a positive trend with an 18.74% increase year-to-date, reflecting strong market interest and performance in the aluminum sector [1][2]. Group 1: Stock Performance - As of December 26, Xinjiang Zhonghe's stock price rose by 2.01% to 8.11 CNY per share, with a trading volume of 1.06 billion CNY and a turnover rate of 0.94%, resulting in a total market capitalization of 11.384 billion CNY [1]. - The stock has experienced a 2.92% increase over the last five trading days, a 4.78% increase over the last 20 days, and an 8.28% increase over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Xinjiang Zhonghe reported a revenue of 5.957 billion CNY, representing a year-on-year growth of 8.22%, while the net profit attributable to shareholders decreased by 39.20% to 531 million CNY [2]. - The company has distributed a total of 1.828 billion CNY in dividends since its A-share listing, with 1.017 billion CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Xinjiang Zhonghe increased by 4.23% to 63,400, while the average number of circulating shares per person decreased by 4.06% to 22,125 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 12.2048 million shares, a decrease of 284,000 shares compared to the previous period, while new shareholder Invesco Great Wall CSI Dividend Low Volatility 100 ETF holds 5.3585 million shares [3].

2025 年第七次临时股东会资料 新疆众和股份有限公司 2025 年第七次临时股东会资料 2025 年 12 月 - 1 - 2025 年第七次临时股东会资料 （三）审议以下议案： 1.《关于补选公司第十届董事会非独立董事的议案》； 2.《公司关于 2026 年度开展套期保值及远期外汇业务的议案》。 （四）股东发言； 新疆众和股份有限公司 2025 年第七次临时股东会议程 一、会议时间： （1）现场会议召开时间为：2025 年 12 月 29 日上午 11:00 时（北京时间） （2）网络投票时间为：通过交易系统投票平台的投票时间为股东会召开当 日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互联网投票 平台的投票时间为股东会召开当日的 9:15-15:00 二、现场会议地点：新疆乌鲁木齐市喀什东路 18 号本公司文化馆二楼会议室 三、会议议程： （一）主持人致开幕词； （二）选举总监票人、监票人、唱票人、计票人，并由主持人宣布； （五）现场投票表决； （六）计票人与监票人进行现场投票计票； （七）监票人宣布现场投票计票结果； （八）通过交易所系统统计现场及网络投票的 ...

Core Viewpoint - Xinjiang Zhonghe's stock price has shown a positive trend with a year-to-date increase of 15.52%, indicating a stable performance in the market [2] Group 1: Stock Performance - As of December 19, Xinjiang Zhonghe's stock price increased by 2.07%, reaching 7.89 CNY per share, with a trading volume of 58.98 million CNY and a turnover rate of 0.54% [1] - The stock has experienced a 1.54% increase over the last five trading days, a 2.33% increase over the last 20 days, and a 5.20% increase over the last 60 days [2] Group 2: Financial Performance - For the period from January to September 2025, Xinjiang Zhonghe reported a revenue of 5.957 billion CNY, reflecting a year-on-year growth of 8.22%, while the net profit attributable to shareholders decreased by 39.20% to 531 million CNY [2] - The company has distributed a total of 1.828 billion CNY in dividends since its A-share listing, with 1.017 billion CNY distributed over the past three years [3] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Xinjiang Zhonghe increased to 63,400, marking a 4.23% rise, while the average circulating shares per person decreased by 4.06% to 22,125 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 12.2048 million shares, a decrease of 284,000 shares from the previous period [3]

证券日报网讯12月18日，新疆众和（600888）在互动平台回答投资者提问时表示，公司年产240万吨氧 化铝项目临近港口，铝土矿运输便利，可以从几内亚、澳大利亚进口。 ...

证券日报网讯 12月18日，新疆众和在互动平台回答投资者提问时表示，股票价格受宏观经济形势、市 场环境、行业政策、二级市场波动等多方面影响。公司重视市值管理工作。 （文章来源：证券日报） ...

Group 1 - The core viewpoint of the article is that Xinjiang Zhonghe (600888) has confirmed its pricing model for aluminum alloy, aluminum products, and high-purity aluminum products is based on "aluminum price + processing fee," indicating that rising aluminum prices positively impact the sales prices of these products [1] - The company currently has no plans for capacity expansion [1]

证券日报网讯12月18日，新疆众和（600888）在互动平台回答投资者提问时表示，公司根据生产经营和 市场情况进行采购和销售。 ...

格隆汇12月18日丨新疆众和(600888.SH)在投资者互动平台表示，公司暂无收购氧化铝厂的计划。 ...