Anhui Xinbo Aluminum Co Ltd

As of July 23, nearly 90 listed nonferrous metals companies have released their preliminary first-half 2026 earnings forecasts, with over 80% reporting improved results. Tianqi Lithium expects net profit attributable to shareholders to rise by 3,276.35% to 4,934.91%, the highest growth in the sector. Ganfeng Lithium, Tianhua New Energy, and other lithium producers also posted gains ranging from several-fold to dozens of times, mainly driven by a recovery in lithium prices and demand from the new energy sector. Minor metals such as tungsten and germanium performed strongly, with Xianglu Tungsten forecasting growth of up to 3,435.76%, and Yunnan Germanium benefiting from rising demand for high-speed optical modules. The aluminum processing segment faced significant pressure, with Xinbo Aluminum expecting a loss of 46 million to 65 million yuan, a year-on-year decline of 224.7% to 276.21%. Gold companies generally improved, with Zhaojin Gold and Western Gold both more than doubling their earnings.

Xinbo Shares disclosed its earnings forecast, expecting a net loss attributable to the parent company of 46 million to 65 million yuan in the first half of 2026, compared with a profit of 36.8877 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 80 million to 100 million yuan, compared with a profit of 15.5678 million yuan in the same period last year. Basic loss per share is expected to be 0.19 to 0.27 yuan. The company stated that the new energy photovoltaic segment saw a decline in product selling prices due to industry chain supply and demand and competition, putting pressure on profitability. Although the automotive lightweight segment achieved sales growth, the production lines are still in the capacity ramp-up phase, with high fixed cost allocation, and have not yet reached the break-even point, resulting in an expanded loss.