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Shanxi Securities: Coal profitability significantly improved in Q1, with both performance and dividends showing double growth.
Rising coal prices, potentially driven by El Niño, may lead to unexpected price spikes, and coal stocks could benefit from a double boost in earnings and valuation (commonly referred to as the 'Davis Double Play').
Express News | Dian Tou Energy: The second phase of the Zha Lu aluminum project is expected to reach full capacity by June this year.
Dian Tou Energy (002128.SZ): The electrolytic aluminum project owned by Baiyinhua Company is located in Bayanhua Town, Xiwu Zhumuqin Banner, Xilingol League, Inner Mongolia.
On May 11, Geelong News reported that the electrolytic aluminum project owned by Baiyinhua Company, a subsidiary of Dian Tou Energy (002128.SZ), is located in Bayanhua Town, Xiwu Zhumuqin Banner, Xilingol League, Inner Mongolia Autonomous Region.
Dian Tou Energy (002128): Significant Q1 2026 Performance Improvement Driven by Rising Electrolytic Aluminum Prices and Volumes
The company released its annual report for 2025 and the first-quarter report for 2026. In 2025, the net profit attributable to shareholders reached 5.419 billion yuan, representing a year-on-year increase of 1.45%. In Q1 2026, the net profit attributable to shareholders amounted to 2.001 billion yuan.
Dian Tou Energy (002128.SZ): The under-construction 350,000-ton Phase II electrolytic aluminum production line of Zha Aluminum is expected to achieve full capacity and commence operations by June 2026.
On April 20, Geelong News reported that Dian Tou Energy (002128.SZ) stated on the investor interaction platform that the second phase of its under-construction 350,000-ton Zha Aluminum electrolytic aluminum production line is expected to be fully operational by June 2026.
Dian Tou Energy (002128): Release of electrolytic aluminum elasticity, integrated operations ensure long-term profitability
Event: The company released its 2025 annual report and the first-quarter report of 2026. In 2025, the company achieved a revenue of 30.1 billion yuan, representing a year-on-year increase of 0.9%, with a net profit attributable to shareholders of 5.4 billion yuan, marking a year-on-year growth of 1.5%. The non-recurring net profit attributable to shareholders amounted to 5.23 billion yuan.