Henan Mingtai Al. Industrial (601677.SH) Issues Positive Profit Alert, Forecasts 2025 Net Profit of 1.95-2.0 Billion Yuan, Up 12%-14%

Henan Mingtai Al. Industrial Co., Ltd. (601677.SH) has released an annual performance forecast for 2025, anticipating a net profit attributable to owners of the parent company in the range of 1.95 billion to 2.0 billion yuan. This represents an increase of 202 million to 252 million yuan compared to the same period last year, translating to a growth rate of 12% to 14%. The company also expects a net profit attributable to owners of the parent company after deducting non-recurring gains and losses to be between 1.7 billion and 1.75 billion yuan, a year-on-year increase of 254 million to 304 million yuan, or a rise of 18% to 21%.

The primary reasons for the anticipated profit growth in this period are as follows: (1) Amid the global trend towards green industrial transformation and the gradual formation of carbon tax systems domestically and internationally, the company has persisted in developing a low-carbon circular economy. Several of its products have completed SGS carbon footprint audits, with recycled aluminum products demonstrating significant low-carbon advantages, thereby enhancing the market competitiveness of the company's offerings and facilitating development in both domestic and international markets.

(2) The company's product portfolio is diverse and segmented, covering multiple key sectors. This allows it to fully capitalize on emerging new demands and opportunities in the market, continuously broadening its product range and market share, while maintaining steady growth in production and sales scale.

(3) The company is seizing the strategic high ground through high-end intelligent manufacturing. The commissioning of the heat treatment high-end production line's air cushion furnace marks a focused push into premium sectors such as new energy vehicle batteries, automotive lightweighting, robotics, and aluminum for low-altitude aircraft. Products including all-aluminum column robotic arms, drone shielding covers, composite aluminum materials for heat sinks, and aluminum laminate film foil for batteries are being successively launched, accelerating the transition and upgrade towards high-end manufacturing. This strategy is fostering high-end products as a second growth curve and enabling a continuous expansion in profit margins per ton.