Nanshan Aluminum: With the help of the advantages of the aluminum industry chain, high-end products achieved a net profit of 2.142 billion yuan in the first three quarters

China Securities Network News (Reporter Zhang Pengfei) Nanshan Aluminum disclosed its third quarterly report on the evening of October 27. In the first three quarters, the company achieved operating income of 21.689 billion yuan, net profit attributable to shareholders of listed companies of 2.142 billion yuan, and net assets attributable to shareholders of listed companies of 47.195 billion yuan. It is worth noting that Nanshan Aluminum recently announced that it intends to spin off Indonesian alumina assets to be listed in the Hong Kong capital market. The company said that the independent listing of the asset will help the company continue to expand the layout of the overseas aluminum industry chain by taking advantage of Indonesia's resources and location advantages, and further enhance the company's overall profitability and comprehensive competitiveness.

Actively carry out recycled aluminum projects

During the reporting period, Nanshan Aluminum actively responded to the national strategic goals of "carbon peak, carbon neutrality" and green environmental protection and sustainable development, deeply discussed the feasibility of clean energy utilization, effectively promoted resource recycling, promoted energy conservation, emission reduction and environmental protection, and promoted the transformation of the industry's development mode.

In the past six months, the company has shut down some electrolytic cells and transferred 336,000 tons of electrolytic aluminum production capacity to reduce the proportion of its own heavy assets, reduce high energy consumption and high emission production lines, and at the same time, fully promote and implement recycled aluminum projects.

According to statistics, the energy consumption of recycled aluminum production is low, only 4.86% of the total energy consumption of primary aluminum production, coupled with important advantages such as light weight and recyclability, vigorously promoting recycled aluminum has become one of the important paths for the low-carbon transformation of China's and even the world's aluminum industry. The relevant person in charge of Nanshan Aluminum said that relying on the advantages of Nanshan Aluminum's aluminum industry chain, recycled aluminum is used to replace thermal power primary aluminum for deep processing in downstream aerospace, automotive lightweight and other fields, which can reduce carbon emissions by about 900,000 tons per year. The project adopts an advanced scrap aluminum regeneration smelting process to realize the recycling and reuse of scrap materials, which can effectively reduce the emissions of carbon dioxide, solid waste, waste liquid and waste residue while reducing energy consumption. 

In the face of the dilemma that China's aluminum processing enterprises are heavily dependent on foreign resources, the company has planned and built a 2 million tons of alumina project in advance on Bintan Island, Indonesia, which is rich in overseas resources, and has completed the ramp-up of production capacity and is expected to achieve full production in 2024. It is worth noting that not long ago, the company announced that it intends to spin off Indonesian alumina assets to be listed in the Hong Kong capital market, and the independent listing will help the company further improve the efficiency of capital raising and investment, accelerate the deepening of the business in Indonesia and surrounding markets, and continue to expand the layout of the overseas aluminum industry chain by using Indonesia's resources and location advantages.

Continue to develop high value-added products

In recent years, Nanshan Aluminum has focused on the development of high value-added products represented by automotive steel and aviation steel, made use of the advantages of the whole industry chain, adhered to low-carbon and green production, and deepened the chain to strengthen, extend and supplement the chain, so as to build the company into a world-class supplier of automotive and aviation materials and a world-class aluminum processing enterprise.

报告期内，公司Continue to develop high value-added products，高端轻量化铝板带项目（汽车板三期项目）正在加紧建设，项目建成后南山铝业汽车板总产能可达到40万吨，公司将成为A股最大的专业汽车板研发生产制造企业。

According to statistics, the penetration rate of new energy vehicles is gradually increasing and the amount of aluminum is 3-4 times that of traditional cars. The company earnestly implements the policy of "material localization", increases R&D investment, and becomes the first enterprise to break the monopoly of foreign competitors on the supply of automobile exterior panels, and has now become the preferred manufacturer of materials localization for various OEMs. It is worth mentioning that in terms of automotive steel products, the company is currently the manufacturer with the fastest progress of A-share certification, the most certified manufacturers and the most complete certified alloys.

In terms of aviation board products, the company is the only private enterprise in China that supplies Boeing, Airbus, COMAC and other OEMs at the same time. The company has a number of domestic and foreign branches, with strong customer service capabilities, can respond to the problems and needs of customers in a timely manner, and at the same time rely on the company's complete aluminum industry chain advantages, with strict quality control to provide customers with strong quality assurance. In addition, after long-term technical research, Nanshan Aluminum has solved the "skeleton" and "coat" problems of domestic aircraft for domestic C919 aircraft, and has become the main contractor of the demonstration platform for the localization of raw materials for domestic large aircraft.

In terms of R&D, Nanshan Aluminum has established a professional, calm and pragmatic scientific research team through the introduction of high-quality technical talents at home and abroad and its own training. The company's scientific research personnel are based on first-class equipment and focus on technology, and constantly develop and innovate. The company has obtained a number of R&D certifications and technical patents in the fields of automotive steel, aviation materials, recycled aluminum and other products, and some technical patents have also won national or regional awards, which has strongly promoted the development of the domestic aluminum processing industry and the localization process of key technologies.

According to the analysis of industry insiders, through the reasonable "addition and subtraction" of its own business, the strategic layout of Nanshan Aluminum has been further optimized. The company said that it will continue to deepen the aluminum industry chain in China, deepen, refine and refine the high value-added products represented by aviation steel and automotive steel, and continue to build a high-quality, multi-level and high-end product series matrix.