Guiyang State-owned aluminum enterprises see strong sales growth

State-owned Guiyang Industrial Investment Co recently announced in January that its aluminum enterprises experienced robust production and sales growth.

At the beginning of the new year, Guizhou Chalco Aluminum Co made significant breakthroughs in developing high-ductility and high-strength products.

In January, the company produced more than 11,160 metric tons and sold 8,678 tons of aluminum, including 1,525 tons exported. Battery foil billet production reached 6,201 tons, setting a new record. The company's business revenue totaled 172.49 million yuan ($23.77 million).

The workshop billet stacking area of the Guizhou Chalco Aluminum Co. [Photo/Guiyang Daily]

Guizhou High-Precision Plate and Foil Technology Co reported a production output of 10,836 tons in January, generating revenue of 205 million yuan. The company implemented a product structure optimization strategy, increasing the share of power battery foil production to 63 percent, a 3 percent month-on-month increase and all-time high.

The company also made significant progress in developing high-strength, high-ductility battery foil billets, achieving optimal tensile strength and elongation rate indicators.

Since the beginning of the year, multiple aluminum enterprises under the Guiyang Industrial Investment Co have intensified efforts to reduce costs and improve efficiency. Initiatives such as repairing instead of purchasing and ensuring maintenance without halting production have substantially improved production efficiency.

These aluminum enterprises will continue to increase research and development investments, expand market reach, and enhance product competitiveness and brand influence. Their goal is to achieve annual targets and contribute to the high-quality development of Guiyang City and Gui'an New Area.