On the Record · Aluminum Corp of China
Aluminum Corp of China acquisitions, on the record
The businesses Aluminum Corp of China bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Shanxi HuaxingWord for word“For instance, in December 2018, we acquired 50% equity interests in Shanxi Huaxing through the Shanghai United Assets and Equity Exchange at a price of approximately RMB2,665.2 million from Baotou Transportation Investment Group Co., Ltd.” 20-F for 2020 | acquisition | In December 2018 | approximately RMB2,665.2 million |
Guizhou branch assets (sold to Guiyang Land Reserve Center)Word for word“Guizhou branch sold the relevant assets, including buildings and structures located on the land occupied by the primary aluminum plant of Guizhou branch, to the Guiyang Land Reserve Center for a total consideration of RMB1.95 billion.” 20-F for 2020 | divestiture | — | RMB1.95 billion |
Environmental protection assets of five entitiesWord for word“Pursuant to the asset transfer agreement, the aggregate consideration for the above environmental protection assets disposal was RMB1,754 million which was paid in two installments in June 2016 and December 2016, respectively.” 20-F for 2020 | divestiture | — | RMB1,754 million |
Zunyi Alumina into Zunyi AluminumWord for word“The appraised net value of Zunyi Alumina, equaling the appraised net value of its assets and liabilities, was RMB2,311 million.” 20-F for 2020 | merger | — | RMB2,311 million |
Carbon assets and equity interests from Chinalco Assets affiliatesWord for word“As of December 2018, we had paid the total consideration of RMB735.6 million in full and the acquisition had been completed.” 20-F for 2020 | acquisition | As of December 2018 | RMB735.6 million |
Xinghua TechnologyWord for word“We acquired a 66% equity interest in Xinghua Technology in December 2016.” 20-F for 2020 | acquisition | December 2016 | — |
Logistics business assets of Zhongzhou AluminumWord for word“Zhongzhou Aluminum agreed to sell and Logistics Zhongzhou acquired the logistics business assets of Zhongzhou Aluminum. April 14, 2020 126.50 N/A (1) See “Item 4.” 20-F for 2020 | acquisition | April 14, 2020 | 126.50 |
Jiaozuo WanfangWord for word“In March 2015, we transferred 100,000,000 shares of Jiaozuo Wanfang to Geo-Jade Petroleum Corporation by way of agreement after the public solicitation for potential transferees.” 20-F for 2021 | divestiture | March 2015 | — |
Guiyang Land Reserve Center (assets of Guizhou branch)Word for word“Guizhou branch sold the relevant assets, including buildings and structures located on the land occupied by the primary aluminum plant of Guizhou branch, to the Guiyang Land Reserve Center for a total consideration of RMB1.95 billion.” 20-F for 2021 | divestiture | — | RMB1.95 billion |
Environmental protection assets of Lanzhou branch, Baotou Aluminum, Shandong Huayu, Maliantai Power Station and Liupanshan Power Station of Ningxia EnergyWord for word“Pursuant to the asset transfer agreement, the aggregate consideration for the above environmental protection assets disposal was RMB1,754 million which was paid in two installments in June 2016 and December 2016, respectively.” 20-F for 2021 | divestiture | — | RMB1,754 million |
Shanxi Branch and Shanxi HuazeWord for word“On August 8, 2017, we entered into a reorganization agreement with Zhangze Electric Power, pursuant to which we contributed certain assets related to alumina production of our Shanxi branch, with an appraised net value of RMB3,425.7 million equaling the appraised net value of the assets and liabilities of Shanxi branch, to Shanxi Huaze.” 20-F for 2021 | merger | August 8, 2017 | RMB3,425.7 million |
Zunyi AluminaWord for word“The appraised net value of Zunyi Alumina, equaling the appraised net value of its assets and liabilities, was RMB2,311 million.” 20-F for 2021 | merger | — | RMB2,311 million |
Carbon assets and equity interests from affiliates of Chinalco AssetsWord for word“As of December 2018, we had paid the total consideration of RMB735.6 million in full and the acquisition had been completed.” 20-F for 2021 | acquisition | As of December 2018 | RMB735.6 million |
Restructuring Investors' equity in Chalco Shandong, Zhongzhou Aluminum, Baotou Aluminum and Chalco MiningWord for word“On July 30, 2018, we entered supplemental equity acquisition agreements with the Restructuring Investors, amending, among others, the final consideration of the proposed acquisition and the number of the consideration shares to be issued from approximately RMB12,703.7 million and approximately 2,117,280,800 to approximately RMB12,713.2 million and 2,118,874,715, respectively.” 20-F for 2021 | acquisition | — | RMB12,713.2 million |
Xinghua Technology (66% equity interest)Word for word“We acquired a 66% equity interest in Xinghua Technology in December 2016.” 20-F for 2021 | acquisition | December 2016 | — |
Qingdao Light MetalWord for word“In December 2017, we acquired 100% of the equity interest in Qingdao Light Metal through Chalco Shandong at a consideration of RMB300.4 million to further our prospective strategic layout on secondary aluminum; “ qualified person ” refers to an individual who is a mineral industry professional with at least five years of relevant experience in the type of mineralization and type of deposit under consideration and in the specific type of activity that person is undertaking on behalf of the registrant; and an eligible member or licensee in good standing of a recognized professional organization at the time the technical report is prepared.” 20-F for 2021 | acquisition | December 2017 | RMB300.4 million |
Gallium assets of China Rare Earth Holdings Limited branchesWord for word“August 24, 2021 395.6 N/A 114 Table of Contents Agreement Nature Term/ Date of the Agreement Transaction Amount in 2021 Cap for 2021 (RMB in millions) (RMB in millions) Establishment of Green Low-Carbon Fund (Parties: Chalco, ABC Capital Management Co., Ltd., China Aluminum Innovation and Development Equity Investment Fund Management (Beijing) Co., ABC Financial Assets Investment Co., Ltd., Chinalco, China Copper, Chinalco High-end Manufacturing Co., Ltd. and Chinalco Capital Holdings Co., Ltd.) As considered and approved on December 21, 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 the business registration) with ABC Capital Management Co., Ltd., China Aluminum Innovation and Development Equity Investment Fund Management (Beijing) Co., Ltd., ABC Financial Assets Investment Co., Ltd., Chinalco, China Copper, Chinalco High-end Manufacturing Co., Ltd., and Chinalco Capital Holdings Co., Ltd.” 20-F for 2021 | agreed acquisition | August 24, 2021 | 395.6 |
Yunnan AluminumWord for word“The shares transfer was completed in November 2022 and we currently hold 29.10% of the total issued share capital of Yunnan Aluminum.” 20-F for 2022 | acquisition | November 2022 | — |
Fushun AluminumWord for word“In March 2006, we entered into a share transfer agreement with Liaoning Fushun Aluminum Plant to acquire 100% of the equity interests in Fushun Aluminum for a consideration of RMB500 million.” 20-F for 2022 | acquisition | March 2006 | RMB500 million |
Read from Aluminum Corp of China’s annual reports (20-F for 2022, 20-F for 2021, 20-F for 2020) and the financial data it files with the SEC, as of 2023-04-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.