70,000 Tonnes of Electrolytic Aluminum Capacity Transferred to Ningxia Across Provinces
2025-9-26
Recently, Jiaozuo Wanfang disclosed via the investor interaction platform that the company has transferred the 70,000-tonne electrolytic aluminum capacity indicator it holds to its wholly-owned subsidiary, Ningxia Jiaowan New Materials Co., Ltd. The latter has licensed the idle capacity to its related party, Ningxia Ningchuang New Materials Technology Co., Ltd., and will collect fees therefrom.
Founded in 2009, Ningchuang New Materials is located in the Zhongning County (Shikong) Industrial Park of the Ningxia Hui Autonomous Region, covering an area of 150 hectares. With a total project investment of 3.387 billion yuan, the company has put into operation an electrolytic aluminum production line with an annual output of 310,000 tonnes, and has built a supporting 235,000-tonne anode carbon project.
According to public information, Jiaozuo Wanfang¡äs main products include liquid aluminum, aluminum ingots and aluminum alloy products. As the first domestic electrolytic aluminum enterprise to industrially adopt large-scale pre-baked electrolytic cell technology, it has ushered in the era of comprehensive application of large-scale pre-baked cells in China. At present, the company has formed a relatively stable integrated industrial layout of "coal - electricity - aluminum - aluminum processing", creating a coordinated advantage of upstream and downstream integration. For raw and auxiliary materials of electrolytic aluminum such as alumina, the company ensures supply mainly through local procurement and investment in relevant industrial chain companies.
According to Jiaozuo Wanfang¡äs 2025 semi-annual report, the company achieved operating income of 3.309 billion yuan in the first half of the year, a year-on-year increase of 5.34%; the net profit attributable to shareholders of the parent company was 536 million yuan, a year-on-year increase of 49.06%; the non-recurring net profit attributable to shareholders of the parent company was 534 million yuan, a year-on-year increase of 42.29%; and the basic earnings per share was 0.45 yuan.
Founded in 2009, Ningchuang New Materials is located in the Zhongning County (Shikong) Industrial Park of the Ningxia Hui Autonomous Region, covering an area of 150 hectares. With a total project investment of 3.387 billion yuan, the company has put into operation an electrolytic aluminum production line with an annual output of 310,000 tonnes, and has built a supporting 235,000-tonne anode carbon project.
According to public information, Jiaozuo Wanfang¡äs main products include liquid aluminum, aluminum ingots and aluminum alloy products. As the first domestic electrolytic aluminum enterprise to industrially adopt large-scale pre-baked electrolytic cell technology, it has ushered in the era of comprehensive application of large-scale pre-baked cells in China. At present, the company has formed a relatively stable integrated industrial layout of "coal - electricity - aluminum - aluminum processing", creating a coordinated advantage of upstream and downstream integration. For raw and auxiliary materials of electrolytic aluminum such as alumina, the company ensures supply mainly through local procurement and investment in relevant industrial chain companies.
According to Jiaozuo Wanfang¡äs 2025 semi-annual report, the company achieved operating income of 3.309 billion yuan in the first half of the year, a year-on-year increase of 5.34%; the net profit attributable to shareholders of the parent company was 536 million yuan, a year-on-year increase of 49.06%; the non-recurring net profit attributable to shareholders of the parent company was 534 million yuan, a year-on-year increase of 42.29%; and the basic earnings per share was 0.45 yuan.