Investor Relations Activity Category: On-site Research
Place: Gongyi City
Time: March 13th
Participants (in no particular order): Dongcheng Capital Management, Efonda Fund, Everbright Securities, Brilliance Capital, Capital Group
A: In FY2024, the Company’s annual sales volume of aluminum strip and foil products reached 1.45 million tons, with a year-on-year increase of over 16%.
A: In FY2024, the Company’s cumulative annual sales of aluminum strip and foil products reached 1.45 million tons, an increase of more than 16% year-on-year. According to downstream applications, the proportion of products in new energy, electronic household appliances, automotive and transportation fields increased by about 5%, and the product structure continued to be optimized while the volume of production and sales increased.
A: The focus of the company’s future development will be changed to “improving quality and efficiency”, focusing on the two key areas of “high-end intelligent manufacturing” and “low-carbon recycling economy”, and resolutely reconstructing product value and seizing the future race with technological innovation. Focusing on the two key areas of “high-end intelligent manufacturing” and “low-carbon recycling economy”, the company will unswervingly reconfigure the value of its products with technological innovation, seize the future track, and actively build the second growth curve. In the face of robotics, low-altitude economy and other emerging areas of demand, all-aluminum column robot body (column, arm, arm), drone shielding cover, radiator aluminum, aluminum foil for soft-packed batteries and other products have been supplied to the market one after another.
A: The company will create an advanced manufacturing benchmark through the subsidiary Hongsheng new material “automotive, green energy aluminum industrial park project”, invested in gas cushion furnace, chemical line, roller hearth furnace and other high-end equipment, to meet the robotics, low-altitude economy, aerospace, new energy, automotive panels and other areas of the high performance of single-ton processing cost 10,000 yuan -100,000 yuan aluminum products, to enrich the high-end product line, and accelerate the development of the company. Requirements, enrich the high-end product line, accelerate the transformation and upgrading of Mintai Aluminum(stock number: 601677）to high-end, and strive to high-end products accounted for more than 30%.
A: At the beginning of this year, the company and the industry’s CTP/PS boards, can materials, easy-open lid materials and other products, the processing fee per ton upward ranging from 200-1000 yuan.
A: The implementation of the EU carbon border tax policy is approaching, the company’s recycled aluminum products have greater advantages in carbon emission reduction, unswervingly and continuously promote the development of recycled aluminum business. 2024, the end of China’s Customs liberalized the import of deformed scrap aluminum to support the development of recycled aluminum grade-keeping application enterprises. The company set up the international procurement department of recycled aluminum to further expand the source of scrap aluminum procurement, actively promote the application of recycled aluminum products, and continue to lead the industry’s low-carbon development.
A: At present, the company’s production, sales and orders in hand are stable, and the sales volume in January and February still achieved year-on-year growth.
In January and February, the sales volume increased compared with the same period of the previous year.
