Chuangxin Industries FY26 H1 net profit more than doubles to RMB 2.3 billion; revenue rises 32.4% to RMB 11.53 billion

• Chuangxin Industries posted revenue of RMB 11.53 billion, up 32.4% year-on-year in the six months ended June 30, 2026.
• Net profit attributable to owners climbed to RMB 2.3 billion, more than doubled from a year earlier; basic EPS rose to RMB 1.11.
• Gross margin widened to 34.7% from 19.8%, driven by higher aluminum prices, greater green-power usage, lower coal and alumina costs.
• Saudi 500,000-ton integrated aluminum project remained on track for start-up in 2027; wind and solar buildout targeted completion by end-2026.
• Board reallocated RMB 891 million of unutilized IPO proceeds to bulk-commodity reserves, shifting RMB 475 million to repay borrowings.

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