Chinalco plans share increase in Aluminum Corporation of China

Aluminum Corporation of China (HKEX: 2600) announced that its controlling shareholder, Chinalco, along with parties acting in concert, plans to increase their holdings of both A shares and H shares. The move, conducted through the Shanghai and Hong Kong stock exchanges, aims to boost investor confidence and support the company's long-term sustainable development. The total investment will range between RMB1,000 million and RMB2,000 million, with the number of shares not exceeding 2% of the company's total share capital. As of April 8, 2025, Chinalco directly and indirectly holds approximately 32.43% of Aluminum Corporation of China's total share capital. The share increase plan is expected to be implemented within twelve months. Chinalco has committed not to reduce its holdings during the implementation period and within the statutory time limit.