【SMM Aluminum Flash News】From aluminium to semiconductors, Piyush Goyal pitches India to Japanese industry

On August 26, Lizhong Group released its 2026 semi-annual performance report. The report shows that the company achieved operating revenue of RMB 18.822 billion, a year-on-year increase of 30.32%; net profit attributable to shareholders of the listed company was RMB 577 million, a year-on-year increase of 43.81%. During the reporting period, the company's three main businesses developed synergistically, with each segment achieving growth in production, sales, and revenue. Specifically, the recycled aluminum alloy casting segment achieved operating revenue of RMB 11.093 billion, a year-on-year increase of 35.16%; the aluminum alloy wheel segment achieved operating revenue of RMB 6.236 billion, a year-on-year increase of 25.49%; and the aluminum-based functional intermediate alloy segment achieved operating revenue of RMB 1.492 billion, a year-on-year increase of 17.87%.

Yinbang Co., Ltd. disclosed its semi-annual report on August 27. In the first half of 2026, the company achieved total operating revenue of 4.27 billion yuan, a year-on-year increase of 49.10%; and net profit attributable to shareholders of the listed company was 88.538 million yuan, a year-on-year increase of 95.08%. During the reporting period, the company's main product output increased, and its market share continued to consolidate and expand.

On August 26, Yongjie New Materials released its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of 5.225 billion yuan, a year-on-year increase of 18.05%, and net profit attributable to the parent company of 514 million yuan, a year-on-year increase of 176.65%; net profit excluding non-recurring items was 247 million yuan, a year-on-year increase of 31.12%. The steady growth in net profit excluding non-recurring items stemmed from the company's focus on its main business, continuous optimization of its product structure, and promotion of internal operational efficiency improvement, which strengthened its core profitability. The significant surge in net profit and total profit was compounded by the positive factor of the completion and consolidation of the major asset restructuring in this period.