Hongqiao Holdings Plans $9B Capex in 2026, Focusing on Yunnan Aluminum Processing Upgrade

Published: May 18, 2026 09:09
At the earnings briefing on May 15, Hongqiao Holdings disclosed that the company expects capital expenditure of approximately 9 billion yuan in 2026. Among this, the aluminum processing segment will focus on advancing the upgrade of supporting processing capacity in the Yunnan region, enhancing the local absorption capability of aluminum in that region, thereby further consolidating and expanding the synergistic advantages of the entire industry chain. It is worth noting that some of the projects were announced in March 2026 and have been included in the first batch of provincial-level major project list of Yunnan Province for 2026, with public disclosure already completed. Currently, the company has no new expansion plans for the aluminum processing segment.

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