On March 28, China Aluminum International Engineering Co., Ltd. (CHALIECO) (601068) released its 2024 annual performance report. The report shows that the company achieved annual operating revenue of 24.003 billion yuan, a year-on-year increase of 7.46%, and a net profit attributable to the parent company of 221 million yuan, turning a profit compared to the previous year.

Over the past year, CHALIECO has focused on its core responsibilities and main businesses , accelerating transformation and upgrading. In terms of marketing, the company leveraged its presence across three key markets, Aluminum Corporation of China (CHINALCO), domestic, and overseas, to fully drive structural optimization and adjustment. This resulted in with newly signed industrial contracts amounting to 28.276 billion yuan, a year-on-year increase of 42.66%. By capitalizing on its full-industry-chain advantages, the company expanded its EPC (Engineering, Procurement, Construction) business, securing new EPC contracts worth 10.796 billion yuan, a year-on-year increase of 67.08%. The company achieved both growth and quality improvement in overseas market development, with newly signed overseas contracts amounting to 6.095 billion yuan (65.09% year-on-year growth), and overseas operating revenue reaching 4.133 billion yuan (22.5% year-on-year growth). Notably, CHALIECO secured its highest-ever rankings in the Engineering News-Record (ENR) "Top 225 International Design Firms" (98th) and "Top 250 Global Contractors" (125th), marking a historic milestone. In terms of project execution, the company has thoroughly implemented its three-tier project management system (corporate level - subsidiary level - project department level), continuously strengthened the "dual systems" for projects, and enhanced project inspection and guidance. It has also improved and refined whole-process cost control of projects, launched an intelligent construction site dispatching system, and focused on building benchmark projects. Through multiple measures, a new precision management and control framework has been established. Throughout the year, CHALIECO won over 10 national-level awards in engineering quality, technology, and QC achievements. A large number of projects received commendation letters from owners, demonstrating the company's continuously improving project execution capabilities.

Over the past year, CHALIECO has steadfastly advanced transformation and built a powerful engine for technological innovation. The company has vigorously promoted a business model integrating "technology + services, equipment, and products, etc." to accelerate the industrialization of scientific and technological achievements. Focusing closely on national strategies and market demands, CHALIECO has strategically deployed major scientific research initiatives, making breakthroughs in a number of industry-leading core technologies across mining development, nonferrous metallurgy, and processing sectors, maintaining its leading position in the industry. Notably, the "High-Efficiency Conversion, Precise Regulation, and Intelligent Automation System for Nonferrous Metallurgy" developed by the Changsha Institute of Nonferrous Metallurgy (CINF) won the second prize of the State Scientific and Technological Progress Award. Throughout the year, the company achieved 27 scientific and technological accomplishments at internationally advanced levels or above, including 24 projects reaching world-leading standards such as the "Ultrafine Droplet Horizontal Desulfurization Technology" developed by the Shenyang Aluminum and Magnesium Engineering and Research Institute (SAMI). The company has comprehensively advanced the digital industrialization of the nonferrous metals sector, accelerating the application and development of digital and intelligent technologies. It has successfully developed and promoted a range of digital intelligent products such as the digital electrolytic cell intelligent control system and the anode current distribution online detection system. The company has accelerated the promotion of AI+ business, with China Nonferrous Metals Processing Technology (CNPT) leading the development of aluminum/copper surface optical detection application scenarios, achieving new breakthroughs in artificial intelligence application scenarios.

Over the past year, CHALIECO has focused on deepening reforms to achieve comprehensive high-quality development. Centering on enhancing core functions and competitiveness, the company has promoted the implementation of its "1+3+6" reform work system. It has steadily advanced deep market-oriented reforms led by business system reforms, focusing on improving the management efficiency of enterprises at all levels. Six science-and-technology reform enterprises have deeply promoted technological innovation and market-oriented reforms, achieving "three excellent and three good" results in the special assessment by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company also reconstructed its performance evaluation and incentive system, implementing mid-to-long-term equity incentives for listed companies. 237 key management and scientific research personnel participated in the equity incentive plan.

In 2024, CHALIECO consistently adhered to the comprehensive implementation of the new development philosophy and resolutely pursued its "Technology + International" development strategy. These efforts garnered high recognition from capital markets and investors. For two consecutive years, the company was listed on the "Central Enterprise ESG · Pioneer 100 Index". It also received the "ESG Whale-Bull Award · Sci-Tech Innovation Pioneer Award" and was honored among the "Top 20 in Corporate Governance" at the second "Guoxin Cup · ESG Golden Bull Award".

In 2025, CHALIECO will anchor its efforts on the primary task of high-quality development by thoroughly implementing its "4+4+N+Special" work execution system. The company will strengthen both qualitative improvements and reasonable quantitative growth in its business operations, striving to build a world-class technology service enterprise that provides comprehensive nonferrous metals solutions featuring advanced technologies, complete equipment, and integrated services. These initiatives aim to successfully accomplish the "14th Five-Year Plan" objectives with high quality and lay a solid foundation for a strong start to the "15th Five-Year Plan" period.