Henan Mingtai Al. Industrial Co., Ltd. Projects Robust First-Quarter Profit Growth

Henan Mingtai Al. Industrial Co., Ltd. has issued a positive profit forecast for the first quarter of 2026. The company anticipates net profit attributable to shareholders to reach between 650 million yuan and 700 million yuan, representing an increase of 210 million yuan to 260 million yuan compared to the same period last year. This translates to a growth rate of 48% to 59%.

The primary reasons for this expected strong performance are threefold. Firstly, the company has capitalized on growing demand in downstream sectors such as high-end intelligent equipment, new energy, transportation, and packaging containers. This led to steady year-on-year growth in the production and sales volume of its core aluminum processing products. Notably, sales of high-end products, including aluminum plate, strip, and foil for new energy vehicles, aluminum shells for power batteries, structural components for new energy storage, and high-grade 6/7 series alloy shells for intelligent equipment, showed significant growth, becoming the main drivers of the performance improvement.

Secondly, during the first quarter of 2026, international aluminum prices rose substantially, with domestic prices following the upward trend. Benefiting from strong overall order books and a competitive edge in its overseas export business, the company was well-positioned. A significant proportion of recycled aluminum in its raw material mix helped widen its product competitiveness and profit margins. The increase in aluminum prices allowed the company to raise its product selling prices accordingly, effectively enhancing profitability.

Thirdly, the company has persistently increased its utilization rate of recycled aluminum. Leveraging its technological advantage in "high-value recycled aluminum application and green, low-carbon production," its low-carbon aluminum products have gained significant international competitiveness. This is particularly advantageous within the context of dual-carbon policies and the EU's Carbon Border Adjustment Mechanism, leading to a year-on-year increase in overseas orders.