Gelonghui, November 20｜Bohai Securities research reports point out that the aluminum corporation of china (601600.SH) is a leader in the domestic aluminum industry, with business layouts in bauxite, alumina, and primary aluminum, along with a focus on energy. The company continues to improve quality and efficiency while compressing low-margin trading business. In the first three quarters of 2024, the company's net profit attributable to shareholders reached 9.017 billion yuan, a year-on-year increase of 68.46%, setting a new high for the same period since 2020. The company has significant production scale advantages. As of the end of June 2024, its capacities for alumina, primary aluminum, fine alumina, high-purity aluminum, and aluminum anodes are all ranked first globally. Meanwhile, the company is actively promoting the progress of new capacity projects for alumina and primary aluminum, with further growth space expected in production capacity. The company, being a leader in the domestic aluminum industry, is covered for the first time with a 'shareholding' rating.