The Q2 2026 MJP premium was $351.5/mt

Wan'an Technology released its 2025 annual report on April 17. In 2025, the company achieved total operating revenue of 4.96 billion yuan, a year-on-year increase of 14.39%; net profit attributable to the parent company of 213 million yuan, a year-on-year increase of 15.33%; net profit excluding non-recurring items of 170 million yuan, a year-on-year increase of 21.49%; and net cash flow from operating activities of 243 million yuan, a year-on-year decrease of 5.15%.

Yili Zhongming Xixiang Aluminum Industry Co., Ltd. will be fully operational by the end of April. Since its trial operation began on April 7, it has been producing 300 square meters of aluminum single panels per day. After full operation, the daily output will reach 1,300 square meters, with an annual output of 200,000 square meters of curtain wall aluminum single panels and an estimated annual output value of 40 million yuan. This company is a subsidiary of Xinjiang Zhongming Xixiang New Materials Co., Ltd., with a total investment of 10 million yuan and leasing 4,300 square meters of standardized factory buildings in the industrial park. The company's market covers Yili Prefecture and the five Central Asian countries.

Since the beginning of this year, Xingren City, anchoring its positioning as the "Aluminum Capital of Guizhou," has focused on the task of high-quality economic development through the integration of coal, electricity, and aluminum, boosting production, promoting construction, and stabilizing growth, continuously activating new momentum for the development of the aluminum industry. In the first quarter, the city's aluminum and aluminum processing output value reached 5.985 billion yuan, a year-on-year increase of 24.4%, showing a "good start" with new prospects and steady progress.