Chalco seeks shareholder nod for continued related-party deals

Chalco will hold its third extraordinary general meeting of 2025 on December 22, 2025, to seek shareholder approval for several continuing connected transactions with Chinalco Group and its affiliates. These include the renewal of frameworks for social and logistics services, products and services, ore supply, engineering design, construction, and supervision services, and land use right leases. The meeting will also consider new financial services, finance lease cooperation, and factoring cooperation agreements with Chinalco Finance, Chinalco Leasing, and Chinalco Factoring.

The proposed agreements include a new finance lease cooperation framework with Chinalco Leasing, with a financing limit of 3 bn yuan annually from 2026 to 2028. Additionally, a new factoring cooperation framework with Chinalco Factoring proposes a financing limit of 1.8 bn yuan annually for the same period. These transactions are subject to independent shareholder approval, as Chinalco Group is Chalco’s controlling shareholder.

H-share shareholders must register by December 15, 2025, to be eligible to vote. The company’s H-share register will be closed from December 16, 2025, to December 22, 2025. Total issued shares for Chalco as of October 31, 2025, are 13,211,666,110 A-shares and 3,943,965,968 H-shares, totaling 17,155,632,078 shares.