China Primary Aluminium Imports in December Dropped 36.98% YoY

Shenzhen Sunxing announced that its wholly-owned subsidiary, Zhejiang Sunxing Lingchuan New Materials Technology Co., Ltd., plans to sign the 《Project Investment Agreement》 with the Management Committee of the Yangtze River Delta (Huzhou) Industrial Cooperation Zone to invest in the construction of an aluminum-based high-end new materials project. The project is expected to have a capacity of 10kt, cover an area of approximately 150 mu, and have a construction period of 18 months, with the first phase investment of 400 million yuan to build a demonstration production line with an annual capacity of 20kt for the aluminum-based high-end new materials project. This investment has been approved by the board of directors and does not need to be submitted to the shareholders' meeting for approval.

[Macro Expectations Repeatedly Disturb, Aluminum Prices Consolidate with Upside Encountering Resistance] Overall assessment: Short-term aluminum prices are expected to mainly consolidate, with upside room somewhat capped by expectations of production resumptions.

Sichuan Guangrong Aluminum Co., Ltd. es una empresa moderna que integra I+D, producción y venta de extrusiones de aluminio de alta gama para arquitectura e industria. Actualmente, cuenta con 17 líneas de extrusión, tras haber añadido 5 este año. En esta etapa, todos los talleres han completado los trabajos preparatorios como el mantenimiento de equipos, la asignación de personal y la optimización de procesos, y ahora están refinando el programa de producción en torno al objetivo anual de 45 000 tm, al tiempo que hacen todos los esfuerzos para avanzar en las operaciones de producción.