China Alcoa Group, the controlling shareholder of China Aluminum (02600), and its co-actors plan to increase their holdings in the company

Zhitong Finance App News, China Aluminum (02600) announced that China Aluminum Group Co., Ltd. (“China Aluminum Group”), the controlling shareholder of the company, and its co-actors intend to increase the company's A shares and H shares through the Shanghai Stock Exchange and Hong Kong Stock Exchange Limited trading system. The increase in holdings will not be less than RMB 1 billion, not more than RMB 2 billion, and the amount of additional shares will not exceed 2% of the company's total share capital for a period of no more than 12 months from the date of disclosure of this announcement.

The purpose of the proposed increase in shares: The controlling shareholder is based on confidence in the company's future development prospects and recognition of the company's long-term investment value. At the same time, in order to promote the company's sustainable, healthy and stable development, enhance investor confidence, and effectively safeguard the interests of small and medium-sized investors.