According to the CITIC Securities Research Report, the current resilience of demand for electrolytic aluminum has significantly exceeded expectations. Construction of construction profiles has not declined significantly. Construction of industrial profiles and cables is at a new high level in the same period in recent years, and sheet foil production has increased slightly year-on-year and is expected to continue to improve. The apparent decline in inventory under short-term supply shocks verifies the resilience of demand. It is expected that although there will still be an increase in the supply of electrolytic aluminum during the year, the growth rate will decline. In summary, it is expected that the domestic electrolytic aluminum industry will show a tight balance during the year, and aluminum prices and profits per ton of aluminum will remain high. Optimistic about the layout opportunities of the aluminum sector, and maintain the aluminum sector's “better than the market” rating.