1: Business scope
Aluminum smelting and processing, sales of aluminum products and metal materials; Sales of metal and nonmetal products; General cargo transportation and special cargo transportation (tank container); Enterprises engaged in the export business of products and related technologies of their own enterprises or member enterprises; Engaged in the import business of raw and auxiliary materials, machinery and equipment, instruments, spare parts and other commodities and related technologies required for production and scientific research of this enterprise or member enterprises; Undertaking Sino-foreign joint ventures and cooperative production, and carrying out the business of "three supplies and one supplement"; Engaging in hedging business in overseas futures market (operating with overseas futures business license); Engaged in electric power business according to the scope specified in the electric power business license; Sales of mineral products, building materials and chemical products (excluding inflammable and explosive dangerous chemicals); Sales of knitted textiles, daily necessities, steel, bauxite. (The actual business scope is subject to the business license confirmed by the industrial and commercial registration. )
2 aluminum smelting, power generation and production and sales of alloy products.
The main business is aluminum smelting, power generation and production and sales of alloy products. The main products are liquid aluminum, aluminum ingots and aluminum alloy products. The company belongs to the non-ferrous industry, and has formed a relatively perfect integrated operation mode of coal, electricity and aluminum processing, which has strong competitiveness in the industry. The power supply mainly depends on the company's thermal power plant and Jinguan power supply enterprise, and the bulk raw material alumina is signed by linking with the aluminum futures price.
3. Aluminum electrolysis industry
Due to the relative overcapacity of aluminum electrolysis industry, the market price of aluminum products has been in a low state for a long time, and the competition in the industry has intensified.
4. Long-term and stable production resources guarantee
The company has formed a long-term strategic partnership with suppliers of bulk raw materials such as alumina, prebaked anode and aluminum fluoride, with reasonable price and stable supply. On the one hand, these bulk raw material suppliers are close to the company, with low logistics cost and advantages in purchasing cost, on the other hand, they ensure the stability and safety of raw material supply.
5. Focus on the main business
The company's main business is aluminum smelting and processing. In 20 16, the company sold 3.926 billion yuan of aluminum products, including 27.41100 million yuan of molten aluminum, 656 million yuan of aluminum ingots and 641100 million yuan of aluminum alloy bars.
6. Power companies
The company holds 0/00% equity of AISI Wanfang/KLOC-0. AISI Wanfang is mainly engaged in thermal power generation and has two 125MW coal-fired units. The company is mainly engaged in aluminum smelting, with an annual electricity demand of about 6 billion kWh. In addition, the company holds 0/00% equity of Jiaozuo Wanfang Electric Power Company, which is mainly engaged in thermal power generation and has two 125MW coal-fired units, mainly engaged in thermal power generation and sales. Wanfang Electric Power has two 300MW thermal power units, which were put into operation on 20 13 and 20 13 years/kloc-0 on October 22nd and March 27th respectively.
7. Adhere to the integrated operation of coal, electricity and aluminum.
The company adheres to the strategic policy of integrated operation of coal, electricity and aluminum, has its own supporting power plant, and invests 30% equity of Jiaozuo Coal Industry Group Zhaogu (Xinxiang) Energy Co., Ltd. and 45% equity of Jiaozuo Wandu Industrial Co., Ltd. to prevent the price fluctuation of coal and prebaked anode, and effectively offset the power generation cost and the use cost of prebaked anode.
8. Industry and equity diversification investment income can be expected.
During the reporting period, China Rare and Rare Earth Co., Ltd., the company's shareholding company, was increased by China Aluminum, the second largest shareholder, with the related assets of gallium production line. The injection of gallium metal assets will help China Rare Earth to give full play to its industrial advantages, enhance its profitability, enable shareholders to obtain long-term investment returns and realize asset appreciation. Jiaozuo China Travel Bank Co., Ltd. and Guotai Junan Investment Management Co., Ltd. invested by the company operated steadily during the reporting period, which broadened the financing channels of the company in many dimensions and formed a strong support for the company's sustainable development.
9: 8.77% of the shares are transferred by agreement.
On August 8, 20 17, it was announced that the company's shareholder Intercontinental Oil and Gas Co., Ltd. planned to transfer its104,612,990 shares, accounting for 8.77% of the company's total share capital, to Zhangshu City and Tai 'an City Investment Management Center. The transfer price per share is 65,438+00.388 yuan, and the total transfer price is 65,438+0,086,765,438+09,740.5438+02 yuan. After the completion of this share transfer, Intercontinental Oil and Gas will no longer hold shares in the company, and Zhangshu City and Taian City Investment Management Center will become new shareholders of the company.