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. adalah perusahaan modern yang mengintegrasikan penelitian dan pengembangan, produksi, serta penjualan ekstrusi aluminium arsitektur dan industri kelas atas. Saat ini, perusahaan memiliki 17 jalur produksi ekstrusi, dengan penambahan 5 jalur tahun ini. Pada tahap ini, semua bengkel telah menyelesaikan pekerjaan persiapan seperti pemeliharaan peralatan, penempatan personel, dan optimalisasi proses, serta kini menyempurnakan jadwal produksi untuk mencapai target produksi tahunan sebesar 45.000 metrik ton, sambil mengerahkan seluruh upaya untuk memajukan operasi produksi.