Chinalco increases stake in Aluminum Corporation of China

Aluminum Corporation of China announced that Chinalco, the company’s controlling shareholder, and related parties have increased their stake, acquiring a total of 179,514,183 shares, comprised of 89,776,183 A shares and 89,738,000 H shares. This represents approximately 1.05% of the company’s total issued share capital. The cumulative expenditure for this increased shareholding amounts to approximately RMB941 million, funded through a mix of internal funds and special loans. This move is part of a plan announced on April 9, 2025, to increase shareholdings by between RMB1 billion and RMB2 billion, not exceeding 2% of total share capital, to demonstrate confidence in Aluminum Corporation of China's future prospects. Chinalco and its related parties now hold a total of 5,742,827,148 shares, representing approximately 33.47% of the company. The implementation period for the share increases began April 9, 2025 and ended May 26, 2025.