Chalco Signed the Contract of Transfer for the Stock Equity of Yunnan Copper with Yunnan Province

On July 18, the State-owned Asset Supervision and Administration Commission of Yunnan,Aluminum Corporation of China, and Yunnan Industrial Investment Holding Group Limited held the signing ceremony for the contract of transfer for the stock equity of Yunnan Copper Industry Group. This is an important strategic deployment for further promoting the cooperation between Yunnan province and Aluminum Corporation of China, optimizing the layout of state-owned economy of Yunan and facilitating the maintenance and increase of value for stateowned assets. This will make positive contributions to the economic development of Yunnan and building a bigger and stronger Yunan Copper Industry Group.

Mr. Xie Yihua, Vice-director of the Stateowned Asset Supervision and Administration Commission of Yunnan Provincial People’s Government, and Mr. Zhang Chengzhong,Member of the Party Committee and Deputy General Manager of Aluminum Corporation of China and President of China Copper Industry Corporation signed the contract of transfer for the stock equity on behalf of the two sides. According to the contract terms, the State-owned Asset Supervision and Administration Commission of Yunnan Provincial People’s Government will transfer 7% of the stock equity of Yunnan Copper Industry Group to Aluminum Corporation of China. After the completion of this transfer, the Aluminum Corporation of China holds 58% of the stock equity, the Stateowned Asset Supervision and Administration Commission of Yunnan Provincial People’s Government 24.6% and Yunnan Industrial Investment Holding Group Co., Ltd 17.4%.