Recently, the China Nonferrous Metals Industry Association (CNIA) officially announced the results of the 2025 credit rating evaluation for enterprises in the nonferrous metals industry. Qinghai Provincial Investment Western Hydropower Company was successfully awarded the industry title of "AAA Credit Enterprise." This rating represents the highest honor in industry credit evaluation and signifies that the enterprise’s achievements in credit development have received authoritative recognition.
Next, Western Hydropower Company will take this award as an opportunity to continue deepening the development of its credit system, strengthen compliance management and risk prevention and control, and continuously enhance its corporate governance capabilities.
![Secondary aluminum operating rate saw a narrower MoM decline but a sharper YoY drop in June[SMM Analysis]](https://imgqn.smm.cn/usercenter/aezhG20251217171650.jpg)
![In June, the operating rate of secondary aluminum producers saw a narrowing MoM decline and a deep YoY pullback, with attention to production elasticity driven by price spreads [SMM Analysis]](https://imgqn.smm.cn/usercenter/risnW20251217171650.jpg)

