Chongqing Shunbo Aluminum Co., Ltd. (002996.SZ) manufactures and sells recycled aluminum alloy products in China, focusing on the circular economy sector with operations centered in Chongqing and expansions across domestic regions. Founded in 2003 and headquartered in Hechuan District, Chongqing, the company produces various grades of recycled aluminum alloy ingots and liquid alloys for casting and deformation systems; aluminum sheets; rolled aluminum products; aluminum rods; and provides aluminum alloy ingot entrusted processing services, serving industries including automobiles, new energy vehicles, general machinery, communication equipment, electronic appliances, hardware lamps, and motorcycles. Its products cater primarily to the Chinese market, with sales distributed across Southwest, East, Central, Southern, and other regions; subsidiaries include Hubei Shunbo for additional ingot production and Anhui Yubo Aluminum for green recycled aluminum, flat ingots, round ingots, aluminum ash utilization, plates, foil, and extrusions projects. Recent developments include closing a CNY 600 million private placement in March 2024 by issuing 75.95 million shares to investors such as Chongqing Rongxin Environmental Protection Fund, Guotai Junan Securities, and Caitong Fund Management to fund projects; announcing in July 2025 a new A-share private placement of up to 100 million shares for up to CNY 600 million to support the Anhui Yubo project; reporting half-year earnings for June 2025; and ongoing construction of its Anhui facility phases targeting completion by end-2025.