Business Daily Media
Times Affiliate Marketing


.

Chuangxin Industries builds on integrated aluminium strategy as earnings accelerate

HONG KONG SAR – Media OutReach Newswire – 19 August 2026 – China's aluminium industry entered 2026 against a landscape of unusual volatility. Rising geopolitical tensions, higher energy costs and continued demand from artificial intelligence infrastructure, electric vehicles and renewable energy have reshaped global aluminium markets—driving prices higher and underscoring the critical importance of supply security.

Chuangxin Industries' interim results cite these trends as key drivers of the stronger first-half market environment.

Against this backdrop, Chuangxin Industries delivered a marked improvement in earnings for the first six months of 2026. Revenue rose to RMB 11.53 billion, while profit attributable to the owners of the company increased to RMB 2.30 billion, reflecting stronger aluminium prices, lower production costs from greater renewable electricity usage and reduced finance costs following the optimisation of its funding structure.

Unlike many aluminium producers that rely heavily on external suppliers, Chuangxin has spent years building an integrated operating model covering power generation, alumina refining and electrolytic aluminium smelting. The company says its existing power generation and alumina capacity can fully meet its production requirements, helping reduce exposure to fluctuations in raw material and electricity prices while improving operational resilience.

Another key differentiator is the company's energy strategy. In Inner Mongolia, Chuangxin has already commissioned 1,040MW of wind power and 110MW of solar capacity, with the broader renewable energy program expected to lift the proportion of green electricity used in aluminium production to more than 50% once fully completed. Besides lowering operating costs, the company believes greater use of renewable electricity will strengthen its ability to serve customers seeking lower-carbon materials, particularly in sectors such as electric vehicles, consumer electronics and renewable energy equipment.

The company's growth is also extending beyond China. Construction of the company's integrated aluminium project in Saudi Arabia is progressing after securing the necessary approvals, with site work now underway. The project is expected to become an important part of Chuangxin's international production footprint while improving access to overseas markets and energy resources.

At the same time, Chuangxin continues to strengthen upstream resource security through acquisitions in alumina and mining assets while investing in automation, energy efficiency and digital manufacturing technologies designed to improve productivity and reduce energy consumption. The company has also established a board-level ESG committee and published its inaugural ESG report in April, setting medium- and long-term climate targets alongside broader sustainability initiatives.

As the aluminium industry adapts to tighter environmental standards and increasingly complex global supply chains, competitive advantage is increasingly being shaped by operational efficiency, secure resource access and low-carbon production. Companies able to combine integrated operations, renewable energy, disciplined cost management and international expansion may be better positioned to navigate the next phase of industry development. Chuangxin's first-half performance offers an early indication that this strategy is gaining traction.

Hashtag: #business#chuangxin

The issuer is solely responsible for the content of this announcement.

News from Asia

Building a Cyber-Ready Workforce in Singapore: SIM Academy Shares A Business Guide to Developing Talent

SINGAPORE - Media OutReach Newswire – 2 November 2026 - As companies expand their use of cloud platforms, digital payments, artificial intelligence and connected systems, cyber risk has become a b...

AlikeAudience Partners with Index Exchange to Expand Audience Activation Across North America and APAC

SINGAPORE - Media OutReach Newswire - 2 November 2026 - AlikeAudience, a leading data partner specialising in high-quality third-party audience solutions, today announced it has joined Index Mark...

AGD and ISCA Renews MOU to Strengthen Finance Capabilities Across the Public Service with Continuing Professional Training

SINGAPORE – Media OutReach Newswire – 2 November 2026 – The Accountant-General's Department (AGD) has renewed a Memorandum of Understanding (MOU) with the Institute of Singapore Chartered Accoun...

Banyan Group Residences Returns to Hong Kong with Exclusive Phuket Residences Showcase

Two-day exhibition on 7 and 8 November at Mandarin Oriental Hong Kong presents six Laguna Phuket developments, as more buyers make Phuket homeHONG KONG SAR – Media OutReach Newswire – 2 November 2...

iCOMPASS Unveils KY-AI™ in Hong Kong as Banks Face New AI Governance Expectations

Introduced at Hong Kong FinTech Week, KY-AI™ brings a structured approach to AI oversight, aligned with the accountability, resilience and trust principles of the HKMA’s ART Framework.HONG KONG SAR...

Banyan Group Residences Returns to Singapore with Exclusive Phuket Residences Showcase

Two-day exhibition on 14 and 15 November at St. Regis Singapore presents six Laguna Phuket developments, as more buyers make Phuket homeSINGAPORE – Media OutReach Newswire – 2 November 2026 – Bany...

Sun World Ba Den Mountain Records 5 Millionth Cable Car Passenger Ahead of Cambodia's Bon Om Touk Holiday

TAY NINH, VIETNAM – Media OutReach Newswire – 2 November 2026 – Sun World Ba Den Mountain, developed by Sun Group in Vietnam's Tay Ninh province, welcomed its 5 millionth cable car passenger of 20...

Apical Supports Maternal Health and Stunting Prevention in Dumai for RGE Founder’s Day

SINGAPORE – Media OutReach Newswire – 2 November 2026 – As part of RGE's Founder's Day celebrations, Apical, through its subsidiary PT Sari Dumai Sejati (SDS), recently partnered with the Sungai S...

SeABank completes capital increase to VND34,688 billion

HANOI, VIETNAM - Media OutReach Newswire - 2 November 2026 - Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) has officially received approval to increase its charter capital ...

As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education

The REACH Reggio Emilia Conference, organised by REACH in partnership with Reggio Children and supported by the Embassy of Italy in Singapore, brought together more than 400 education leaders from ...

Why the secrecy around car insurance?

Every year, millions of Australians receive their car insurance renewal and promise themselves they’ll look at it properly later. Then life gets in ...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...