en.Wedoany.com Reported - On April 8, 2026, Aluminum Corporation of China Limited (hereinafter referred to as "Chalco") issued a profit forecast announcement, expecting to achieve a net profit attributable to shareholders of the listed company in the range of RMB 5.302 billion to RMB 5.585 billion for the first quarter of 2026, representing a year-on-year increase of 50% to 58%. The net profit after deducting non-recurring gains and losses is expected to be between RMB 5.137 billion and RMB 5.420 billion, a year-on-year increase of 49% to 58%. The announcement stated that the significant performance improvement is mainly attributed to the company's intensified focus on extreme operational management, deepening comprehensive cost reduction and efficiency enhancement, further increasing the ratio of self-mined ore on the resource side, achieving full, stable, and optimal production of all finished product capacities, resulting in the best operating performance for the same period in history.
Aluminum Corporation of China Limited was established in 2001 and is headquartered in Beijing, China. It is the core holding subsidiary of Aluminum Corporation of China (Chinalco) Group (referred to as "Chinalco Group") and is listed on both the Hong Kong and Shanghai stock exchanges. The company is the world's largest producer and supplier of alumina, primary aluminum, specialty alumina, high-purity aluminum, and gallium metal. Its business covers the entire industry chain from bauxite exploration and mining, alumina smelting, primary aluminum production to aluminum processing, extending into related fields such as recycled aluminum and power supply. Against the backdrop of rising primary aluminum prices in the industry, the company's total primary aluminum output reached 8.08 million tons in 2025, a year-on-year increase of 6.18%. In the first quarter of 2026, the spot price of primary aluminum exceeded RMB 24,000 per ton, with aluminum prices continuing their upward trend.
On the same day, Chalco's announcement disclosed that, as of the date of the announcement, its controlling shareholder, Chinalco Group, and its concerted parties had cumulatively increased their holdings of the company's shares by approximately 193 million shares through the trading systems of the Shanghai Stock Exchange and the Hong Kong Stock Exchange, accounting for about 1.13% of the company's total share capital. The cumulative amount of the share purchase was approximately RMB 1.015 billion, and the share purchase plan has been completed. Chinalco Group is the controlling shareholder of Chalco, holding a 30.52% stake. The completion of this share purchase plan further enhances the shareholding stability of the company's controlling shareholder.
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