CHINALCO MINING CORPORATION INTERNATIONL Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Chinalco Mining Corporation International中鋁礦業國際
(incorporated under the laws of the Cayman Islands with limited liability)
(Stock Code: 3668)The Company announces that due to changes in personnel allocation within the Chinalco group, Dr. Zhang Chengzhong has resigned as the Chairman of the Board and a Non-executive Director with effect from 6 January 2016.
As a result, Dr. Zhang Chengzhong has also vacated his position as the Chairman of each of the Nomination Committee, the Executive Committee and the Strategic Investment Committee, as a member of the Remuneration Committee, and as an Authorised Representative, with effect from the same date.
The Board has appointed Mr. Liu Jianping as a Non-executive Director with effect from 6 January 2016 to fill the casual vacancy arising from the cessation of directorship of Dr. Zhang Chengzhong.
Mr. Liu Jianping has also been appointed as the Chairman of each of the Board, the Nomination Committee, the Executive Committee and the Strategic Investment Committee, and as a member of the Remuneration Committee, with effect from the same date.
The Board has appointed Mr. Luan Shuwei, an executive Director of the Company, as an Authorised Representative, with effect from the same date.
The board (the "Board") of directors ("Director(s)") of Chinalco Mining Corporation International (the "Company") announces that due to changes in personnel allocation within the Aluminium Corporation of China ("Chinalco") group, Dr. Zhang Chengzhong ("Dr. Zhang") has resigned as the Chairman (the "Chairman") of the Board and a non-executive Director of the Company ("Non-executive Director") with effect from 6 January 2016.
As a result, Dr. Zhang has also vacated his position as the Chairman of each of the Nomination Committee of the Company (the "Nomination Committee"), the Executive Committee of the Company (the "Executive Committee") and the Strategic Investment Committee of the Company (the "Strategic Investment Committee"), as a member of the Remuneration Committee of the Company (the "Remuneration Committee") and as an authorised representative of the Company ("Authorised Representative") with effect from the same date.
Dr. Zhang confirmed that he has no disagreement with the Board and there is no matter relating to his resignation as a Non-executive Director that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the "Stock Exchange").
The Board wishes to express its appreciation for Dr. Zhang's contribution during his term of office.
The Board is pleased to announce that Mr. Liu Jianping ("Mr. Liu") has been appointed as the Chairman of the Board and a Non-executive Director with effect from 6 January 2016.
In addition, Mr. Liu has also been appointed as the Chairman of each of the Nomination Committee, the Executive Committee and the Strategic Investment Committee, and as a member of the Remuneration Committee, with effect from the same date.
The biography of Mr. Liu is set out below.
Mr. Liu Jianping, aged 48, is currently the Chairman and the Non-executive Director of the Company. He is also the vice general manager of Chinalco, the chairman of China Copper Corporation Limited (中國銅業有限公司) and the chairman of Yunnan Copper (Group) Co., Ltd. ( 雲南銅業( 集團) 有限公司). Mr. Liu graduated from Renmin University of China (中國人民大學) with a master's degree in economics majoring in commodity science. He joined Chinalco in October 2008. He had served as deputy head and head of personnel department in Chinalco, general manager of human resource department in Aluminum Corporation of China Limited (中國鋁業股份有限公司), assistant to the general manager, head of human resource department and deputy general manager in Chinalco. Mr Liu has extensive experience in corporate management.
Save as disclosed herein, Mr. Liu does not hold any directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years or any other position with the Company or any of its subsidiaries, and he did not have other major appointments and professional qualifications.
Mr. Liu has not entered into any service contract with the Company which is not terminable by the Company within one year without payment of compensation (other than statutory compensation). Mr. Liu will retire and offer himself for re-election at the next annual general meeting of the Company in accordance with the articles of association of the Company. The remuneration of Mr. Liu will be determined by the Board with reference to his duties and responsibilities in the Company, and the Company will provide updates in relation thereto in due course.
As at the date of this announcement, Mr. Liu does not have any interests that are required to be disclosed under Part XV of the Securities and Futures Ordinance (the "SFO"). Save as disclosed herein, Mr. Liu does not have any relationship with any Directors, senior management or substantial or controlling shareholders of the Company.
Save as disclosed herein, there is no other matter relating to the appointment of Mr. Liu as a Non-executive Director that needs to be brought to the attention of the shareholders and there is no other information in relation to the appointment of Mr. Liu which is required to be disclosed pursuant to any of the requirements of Rule 13.51(2) (h) to Rule 13.51(2) (v) of the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules").
The Board would like to express its warm welcome to Mr. Liu on the Board.
The Board is also pleased to announce that Mr. Luan Shuwei, an executive Director of the Company, has been appointed as an Authorised Representative for the purpose of the Listing Rules with effect from 6 January 2016.
A table showing the updated composition of the Board committees is contained in the List of Directors and their Roles and Functions separately published on the websites of the Stock Exchange and the Company today.
This announcement is made pursuant to the inside information provisions under Part XIVA of the SFO and Rules 13.09 and 13.51(2) of the Listing Rules.
By order of the Board
Chinalco Mining Corporation International Liu JianpingChairman
Beijing, the PRC, 6 January 2016
As at the date of this announcement, the Company's Non-executive Directors are Mr. Liu Jianping (Chairman), Dr. Liu Hongjun and Dr. Wang Dongbo, the Company's Executive Directors are Mr. Luan Shuwei, Mr. Huang Shanfu and Mr.
Jin Yanbing, and the Company's Independent Non-executive Directors are Mr. Scott McKee Hand, Mr. Ronald Ashley Hall, Mr. Lai Yat Kwong Fred and Mr. Francisco Augusto Baertl Montori.
CMC - Chinalco Mining Corporation International issued this content on 2016-01-06 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-06 09:29:11 UTC
Original Document: http://www.chinalco-cmc.com/u/cms/www/20160106163300zkls_en.pdf
