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    2600   CNE1000001T8

ALUMINUM CORPORATION OF CHINA LIMITED

(2600)
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Delayed Hong Kong Stock Exchange  -  05/25 04:08:04 am EDT
3.440 HKD    0.00%
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Aluminum Corporation of China Limited Proposes to establish China Aluminum Suihe Nonferrous Metals Green Low-carbon Innovation and Development Fund Partnership with ABC Capital Management Co., Ltd., China Aluminum Innovation and Development Equity Investment Fund Management Co., Ltd., ABC Financial Assets Investment Co., Ltd., Aluminum Corporation of China, China Copper Co., Ltd., Chinalco High-end Manufacturing Co., Ltd. and Chinalco Capital Holdings Co., Ltd

12/21/2021 | 02:25pm EDT

Aluminum Corporation of China Limited announced that as considered and approved at the 24th meeting of the seventh session of the board of directors of the company on 21 Dec. 2021, the company proposed to establish China Aluminum Suihe Nonferrous Metals Green Low-carbon Innovation and Development Fund (Beijing) Partnership (Limited Partnership) (the "Fund") (tentative name, subject to business registration) with ABC Capital Management Co., Ltd., China Aluminum Innovation and Development Equity Investment Fund Management (Beijing) Co., Ltd. ("China Aluminum Innovation and Investment"), ABC Financial Assets Investment Co., Ltd. ("ABC Investment"), Aluminum Corporation of China ("Chinalco"), China Copper Co., Ltd., Chinalco High-end Manufacturing Co., Ltd. and Chinalco Capital Holdings Co., Ltd.


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All news about ALUMINUM CORPORATION OF CHINA LIMITED
05/08US, Chinese Regulators in Talks to Settle Auditing Rules Dispute
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05/06Asian ADRs Move Lower in Friday Trading
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05/04JD.com, Sinopec, Over 80 Others Become Latest to Face Delisting Risks in US
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04/27Aluminum Corporation of China Limited Proposes Final Dividend for the Year Ended 31 Dec..
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04/26Aluminum Corporation of China Limited Reports Earnings Results for the First Quarter En..
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04/25Asian ADRs Move Lower in Monday Trading
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04/22Annual Report on Form 20-F for Fiscal Year 2021 of Aluminum Corporation of China Limite..
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04/22ALUMINUM OF CHINA : Annual Report on Form 20-F for Fiscal Year 2021
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04/21Asian ADRs Move Lower in Thursday Trading
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Analyst Recommendations on ALUMINUM CORPORATION OF CHINA LIMITED
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Financials
Sales 2022 277 B 41 642 M 41 642 M
Net income 2022 6 686 M 1 005 M 1 005 M
Net Debt 2022 56 407 M 8 478 M 8 478 M
P/E ratio 2022 6,55x
Yield 2022 1,59%
Capitalization 76 501 M 11 498 M 11 498 M
EV / Sales 2022 0,48x
EV / Sales 2023 0,43x
Nbr of Employees 60 056
Free-Float 63,5%
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Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 2,92 CNY
Average target price 5,00 CNY
Spread / Average Target 71,5%
EPS Revisions
Managers and Directors
Run Zhou Zhu President & Executive Director
Xiao lei Ge Chief Financial Officer & Secretary
Guo Hua Ye Chairman-Supervisory Board
Jian Ping Liu Chairman
Guan Zhou Qiu Independent Non-Executive Director
Sector and Competitors