Chinalco Advanced Manufacturing Co., Ltd. announced that it will receive CNY 2,525,539,300 in an equity round of funding on December 10, 2022. The transaction will include participation from returning investor, Aluminum Corporation of China for CNY 798,410,800 to subscribe for 73,312,100 shares, and new investors, Yunnan Aluminium Co., Ltd. for CNY 1,323,084,100 to subscribe for 121,488,900 shares, and Aluminum Corporation of China Limited for CNY 404,044,400 to subscribe for 37,100,400 shares. The company will issue A shares in the transaction.

Post closing, the registered capital of the company will increase to RMB 1,731,901,400 and Aluminum Corporation of China will hold 60.5295% stake, Yunnan Aluminium Co., Ltd. will hold 7.0148% stake, and Aluminum Corporation of China Limited will hold 2.1422% stake in the company. The transaction has been the 18th session of the company?s 8th directorate approved and subject to shareholders of the Aluminum Corporation of China Limited.