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GENERAL INFORMATION
12 Months Ended
Dec. 31, 2017
GENERAL INFORMATION  
GENERAL INFORMATION

1.      GENERAL INFORMATION

Aluminum Corporation of China Limited (the "Company") (中國鋁業股份有限公司) and its subsidiaries (together the "Group") are principally engaged in the manufacture and distribution of alumina, primary aluminum and energy products. The Group is also engaged in the development of bauxite related resources, the production, fabrication and distribution of bauxite, carbon and relevant non-ferrous metal products and the trading and logistics and transport services of non-ferrous metal products and coal products.

The Company is a joint stock company which is domiciled and was established on September 10, 2001 in the People’s Republic of China (the "PRC") with limited liability. The address of its registered office is No. 62 North Xizhimen Street, Haidian District, Beijing, the PRC.

The Company’s shares have been listed on the Main Board of the Hong Kong Stock Exchange and the New York Stock Exchange since 2001. The Company also listed its A shares on the Shanghai Stock Exchange in 2007.

In the opinion of the directors, the ultimate holding company and parent of the Company is Aluminum Corporation of China ("Chinalco") (中國鋁業集團有限公司), a company incorporated and domiciled in the PRC and wholly owned by the State-owned Assets Supervision and Administration Commission of the State Council.

Information about subsidiaries

As at December 31, 2017, particulars of the Company’s principal subsidiaries are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Percentage of

 

 

 

 

 

 

 

 

equity attributable to the

 

 

Place of registration

 

Registered

 

 

 

Company

Name

    

and business

    

capital

    

Principal activities

    

Direct

    

Indirect

Baotou Aluminum Co., Ltd. (“Baotou Aluminum“) (包頭鋁業有限公司)

 

PRC/Mainland China

 

2,245,510

 

Manufacture and distribution of primary aluminum, aluminum alloy and related fabricated products and carbon products

 

74.33

%  

 —

China Aluminum International Trading Co., Ltd. (“Chalco Trading”) (中鋁國際貿易有限公司)

 

PRC/Mainland  China

 

1,731,111

 

Import and export activities

 

100.00

%  

 —

Shanxi Huasheng Aluminum Co., Ltd. (“Shanxi Huasheng“) (山西華聖鋁業有限公司)

 

PRC/Mainland  China

 

1,000,000

 

Manufacture and distribution of primary aluminum, aluminum alloy and carbon-related products

 

51.00

%  

 —

Chalco Shanxi New Material Co., Ltd.(“Shanxi  New Material”) (中鋁山西新材料有限公司)

 

PRC/Mainland China

 

4,279,601

 

Manufacture and distribution of alumina,primary aluminum and anode carbon products and electricity generation and supply

 

85.98

%  

 —

Zunyi Aluminum Co., Ltd. (遵義鋁業股份有限公司)

 

PRC/Mainland  China

 

600,970

 

Manufacture and distribution of primary aluminum

 

62.10

%  

 —

Chalco Zunyi Alumina Co., Ltd.   (“Zunyi Alumina“) (中國鋁業遵義氧化鋁有限公司)  

 

PRC/Mainland China

 

1,400,000

 

Manufacture and distribution of alumina

 

73.28

%  

 —

Shandong Huayu Alloy Materials Co., Ltd. (“Shandong Huayu”) (山東華宇铝合金材料有限公司)

 

PRC/Mainland China

 

1,627,697

 

Manufacture and distribution of aluminum alloy

 

55.00

%  

 —

Chalco Hong Kong Ltd. (“Chalco Hong Kong”) (中國鋁業香港有限公司)

 

Hong Kong

 

HKD849,940 in thousand

 

Overseas investments and alumina import and export activities

 

100.00

%  

 —

Chalco Mining Co., Ltd. (“Chalco Mining“) (中鋁礦業有限公司)

 

PRC/Mainland  China

 

4,028,859

 

Manufacture, acquisition and distribution of bauxite mines, limestone ore, manufacturing and distribution of alumina

 

18.86

%  

 —

Chalco Energy Co., Ltd. (中鋁能源有限公司)

 

PRC/Mainland China

 

819,993

 

Thermoelectric supply and investment management

 

100.00

%  

 —

China Aluminum Ningxia Energy Group Co., Ltd. (“Ningxia Energy“) (中鋁寧夏能源集團)

 

PRC/Mainland China

 

5,025,800

 

Thermal power, wind power and solar power generation, coal mining, and power-related equipment manufacturing

 

70.82

%  

 —

Guizhou Huajin Aluminum Co., Ltd. (“Guizhou Huajin“)
 (
貴州華錦鋁業有限公司)  



 

PRC/Mainland China

 

1,000,000

 

Manufacture and distribution of alumina

 

60.00

%  

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Percentage of

 

 

 

 

 

 

 

 

 

equity attributable to the

 

 

 

Place of registration

 

Registered

 

 

 

Company

 

Name

    

and business

    

capital

    

Principal activities

    

Direct

    

Indirect

 

Chalco Zhengzhou Research Institute of Non-ferrous Metal Co., Ltd. (中國鋁業鄭州有色金屬研究院有限公司)

 

PRC/Mainland
China

 

214,858

 

Research and development services

 

100.00

%  

-

 

Chalco Shandong Co., Ltd. ("Chalco Shandong“) (中鋁山東有限公司)

 

PRC/Mainland
China

 

3,808,995

 

Manufacture and distribution of alumina

 

69.20

%  

-

 

Chalco Zhongzhou Aluminum Co., Ltd. ("Zhongzhou Aluminum“) (中鋁中州鋁業有限公司)

 

PRC/Mainland
China

 

5,071,235

 

Manufacture and distribution of alumina

 

63.10

%  

-

 

China Aluminum Logistics Group Corporation Co., Ltd. (中鋁物流集團有限公司)

 

PRC/Mainland
China

 

558,752

 

Logistic transportation

 

100.00

%  

 —

%

Chinalco Shanxi Jiaokou Xinghua Technology Ltd.(“Xinghua Technology“) (中鋁集團山西交口興華科技股份有限公司)

 

PRC/Mainland
China

 

270,000

 

Manufacture and distribution of primary aluminum

 

33.00

%  

33.00

%

Chinalco Shanghai Company Limited (“Chinalco Shanghai“) (中鋁(上海)有限公司)

 

PRC/Mainland
China

 

968,300

 

Trading and engineering project management

 

100.00

%  

-

 

 

The above table lists the subsidiaries of the Company which, in the opinion of the directors, principally affected the results of the year or formed a substantial part of the net assets of the Group. To give details of the other subsidiaries would, in the opinion of the directors, result in particulars of excessive of length.