China Aluminum announced that its wholly-owned subsidiary, China Alcoa Shandong Co., Ltd. plans to increase the cash capital of the participating company Chinalco Shandong Engineering Technology Co., Ltd. by RMB 200 million. China Alcoa International Engineering Co., Ltd. also plans to increase the cash capital of Shandong Engineering by RMB 300 million according to the shareholding ratio. Since Shandong Engineering is a holding subsidiary of China Alcoa International, and China Alcoa International is a holding subsidiary of China Aluminum Group Co., Ltd., the controlling shareholder of China Aluminum, this transaction constitutes a related transaction. The purpose of this transaction is to optimize the capital structure of Shandong Engineering, support its business development, give full play to the synergy of the industrial chain, and promote the high-quality development of the fine alumina industry of China Alcoa Shandong.

Zhitongcaijing · 10/15 09:17
China Aluminum announced that its wholly-owned subsidiary, China Alcoa Shandong Co., Ltd. plans to increase the cash capital of the participating company Chinalco Shandong Engineering Technology Co., Ltd. by RMB 200 million. China Alcoa International Engineering Co., Ltd. also plans to increase the cash capital of Shandong Engineering by RMB 300 million according to the shareholding ratio. Since Shandong Engineering is a holding subsidiary of China Alcoa International, and China Alcoa International is a holding subsidiary of China Aluminum Group Co., Ltd., the controlling shareholder of China Aluminum, this transaction constitutes a related transaction. The purpose of this transaction is to optimize the capital structure of Shandong Engineering, support its business development, give full play to the synergy of the industrial chain, and promote the high-quality development of the fine alumina industry of China Alcoa Shandong.