Huafeng Aluminum: The Chongqing Phase II project is steadily progressing, and the core equipment, the hot rolling mill, is expected to enter continuous commissioning by mid-2026.

Everyday Economic AI Express, an investor asked on the investor interaction platform: The 2026 quality improvement and efficiency enhancement plan mentions Chongqing Phase II and Huafeng Puen. As the company’s most important growth points in the coming years, what is the current progress of Chongqing Phase II? Can the company regularly publish some on-site photos through the official website or other channels so that investors can understand the project progress? When is the equipment debugging expected to be completed mid-year? Also, is Huafeng Puen’s stamping production line already being laid out or still in planning? How long until it is put into production? How much operating income is the material stacking space and additional capacity expected to bring to the company this year? What is the current utilization rate of Puen’s site?

Huafeng Aluminum (601702.SH) stated on the investor interaction platform on May 11 that Chongqing Phase II project is steadily progressing. The core equipment, the hot continuous rolling mill, is expected to enter continuous debugging by mid-2026. The company will release project construction updates in the semi-annual and annual reports so that investors can understand the project progress. Puen’s stamping business has been gradually implemented, with some factories already used for storage and transfer of stamped parts, and the business volume will be expanded gradually. Currently, Puen’s factory utilization rate is about 80%. The company will continue to optimize site utilization, reasonably plan material stacking space and capacity layout, and steadily improve asset operation efficiency.

(Reporter Wang Xiaobo)

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