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Aluminum Corp of China Ltd (601600.SS)

601600.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Aluminum Corp Of China Proposes Third-Party Investors For Capital Contribution To Subsidiaries
Monday, 4 Dec 2017 07:54am EST 

Dec 4 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::‍CO,CHALCO MINING AND INVESTORS ENTERED INTO CHALCO MINING DEBT CONVERSION AGREEMENTS​.ENTERED CHALCO SHANDONG INVESTMENT AGREEMENT, ZHONGZHOU ALUMINUM INVESTMENT AGREEMENST & BAOTOU ALUMINUM INVESTMENT AGREEMENTS.PURSUANT TO DEALS INVESTORS TO CONTRIBUTE CAPITAL TO CHALCO SHANDONG, ZHONGZHOU ALUMINUM, BAOTOU ALUMINUM & CHALCO MINING​.  Full Article

Aluminum Corp of China announces ‍disposal of 60 pct equity interest in Shandong Engineering​
Tuesday, 31 Oct 2017 07:38am EDT 

Oct 31 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::Announces ‍disposal of 60% equity interest in Shandong Engineering​.Co agreed to dispose and CHALIECO agreed to acquire 60% equity interest in Shandong Engineering for RMB360.4 million​.Gains expected from disposal of about RMB167.5 million.  Full Article

Ning Xia Yin Xing Energy adopts new accounting policy regarding subsidy
Thursday, 26 Oct 2017 10:55pm EDT 

Oct 27 (Reuters) - Ning Xia Yin Xing Energy Co Ltd <000862.SZ> ::Says it adopted new accounting policy regarding subsidy, effective since June 12.  Full Article

Aluminum Corp of China's 9-mth profit up, to bring in investors for units
Thursday, 26 Oct 2017 08:17am EDT 

Oct 26 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:Says 9-month net profit up 990.9 percent y/y at 1.36 billion yuan ($205.00 million).Says it plans to sell 60 percent stake in Shandong-based engineering firm for 360.4 million yuan.Says it plans to bring in external investors to invest a combined up to 16 billion yuan in five units.  Full Article

Ning Xia Yin Xing Energy sees FY 2017 Q1~Q3 net loss to be 60 mln yuan to 75 mln yuan
Monday, 16 Oct 2017 06:31am EDT 

Oct 16 (Reuters) - Ning Xia Yin Xing Energy Co Ltd <000862.SZ> ::Sees FY 2017 Q1~Q3 net loss to be 60 million yuan to 75 million yuan .Says the net loss of FY 2016 Q1~Q3 was 47.7 million yuan.  Full Article

Aluminum Corp of China enters into factoring cooperation agreement with Chinalco Factoring
Wednesday, 27 Sep 2017 08:25am EDT 

Sept 27 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>:Company entered into factoring cooperation agreement with Chinalco Factoring.Chinalco Factoring has agreed to provide factoring financing services to company.  Full Article

Ning Xia Yin Xing Energy to dissolve branch
Friday, 18 Aug 2017 01:47am EDT 

Aug 18(Reuters) - Ning Xia Yin Xing Energy Co Ltd <000862.SZ>:Says it plans to dissolve a photovoltaic cell manufacturing branch.  Full Article

Aluminum Corp Of China proposes to enter factoring business framework agreement with Chinalco Factoring
Thursday, 17 Aug 2017 08:15am EDT 

Aug 17 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>:Proposes to enter into factoring business framework agreement with chinalco factoring.Group will transfer its receivable claims to chinalco factoring which will provide financing service.Co & units are authorized to develop factoring business of accounts receivable with chinalco commercial factoring tianjin.As at date of announcement, co has not entered into any concrete agreement in relation to factoring business.Annual cap of transaction amount for proposed factoring business with chinalco factoring for each of 2017 and 2018 will be rmb1.3 billion.  Full Article

Aluminum Corp of China's H1 net profit up 1,006 pct y/y
Thursday, 17 Aug 2017 07:13am EDT 

Aug 17 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:Says H1 net profit up 1,006 percent y/y at 751.3 million yuan ($112.56 million).  Full Article

BRIEF-Shanxi Zhangze Electric's joint stock company plans restructuring with Chalco's Shanxi branch
Thursday, 27 Jul 2017 05:01am EDT 

Refiles with two more bullet points:Says its joint stock aluminium electric company plans restructuring with Aluminum Corp of China's <<<601600.SS>>>2600.HK Shanxi branch.Says deal values Chalco's Shanxi branch at about 3.4 billion yuan.Says its holdings in aluminium electric company will be decreased to about 14 percent from 40 percent after transaction.  Full Article

Chalco agrees $1.5 billion debt financing plan with China Pacific Insurance

BEIJING Aluminum Corp of China Ltd on Wednesday said it had agreed a debt financing plan, worth up to 10 billion yuan ($1.53 billion), with China Pacific Insurance Group Co to help fund construction of key projects.