HK Stock Movement | CHALIECO (02068) Surges Over 3% Intraday as Shenyang Institute-Led Consortium Wins Shanxi Zhaofeng's Nearly 400k Ton Annual Aluminum Project

Stock News
01/26

CHALIECO (02068) rose more than 3% during the trading session. As of press time, the stock was up 3.16% at HK$2.94, with a turnover of HK$34.5139 million. On the news front, on January 23, CHALIECO announced that on December 2, 2025, a consortium led by its subsidiary Shenyang Aluminum & Magnesium Engineering & Research Institute Co., Ltd. (Shenyang Institute), and including Shanghai Baoye, 12th Metallurgical Construction (a wholly-owned subsidiary of the company), 7th Metallurgical Construction, and Yunnan Construction & Investment Machinery, won the bid for Shanxi Zhaofeng's new 394,000 tons per year electrolytic aluminum project (Phase I: 294,000 tons per year). Recently, the consortium comprising Shenyang Institute, Shanghai Baoye, 12th Metallurgical Construction, 7th Metallurgical Construction, and Yunnan Construction & Investment Machinery signed the "EPC Contract (Consortium)" with Shanxi Zhaofeng. The contracted price is approximately RMB 3.03 billion.

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