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Chalco Clears Conditions for Yunnan Aluminum’s Minority Stake Acquisition in Three Subsidiaries

Story Highlights
  • Chalco’s Yunnan Aluminum unit has secured all required approvals to acquire minority stakes in three Yunlv subsidiaries from Yunnan Metallurgical for cash.
  • China United Appraisal used income and asset-based valuation methods for the Yunlv units, supporting Chalco’s drive to optimize equity structure and integration in Yunnan operations.
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Chalco Clears Conditions for Yunnan Aluminum’s Minority Stake Acquisition in Three Subsidiaries

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The latest update is out from Aluminum of China ( (HK:2600) ).

Aluminum Corporation of China Limited has confirmed that all regulatory and corporate approvals have been obtained for Yunnan Aluminum’s acquisition of minority equity interests in three subsidiaries—Yunlv Yongxin, Yunlv Runxin, and Yunlv Hongxin—from Yunnan Metallurgical via a cash transaction. The company also disclosed additional details on the valuation methods used by China United Appraisal, which applied an income-based discounted cash flow approach for Yunlv Yongxin and Yunlv Runxin and an asset-based approach for Yunlv Hongxin, with Yunlv Yongxin assessed on the basis of perpetual operation and cash flow generation. The completion of these conditions and the transparent disclosure of appraisal methodologies underscore Chalco’s efforts to optimize its equity structure in key Yunnan-based assets and may enhance operational integration and value realization within its regional aluminum businesses.

The most recent analyst rating on (HK:2600) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on Aluminum of China stock, see the HK:2600 Stock Forecast page.

More about Aluminum of China

Aluminum Corporation of China Limited (Chalco) is a leading state-owned enterprise in China’s non-ferrous metals industry, primarily engaged in the production and sale of alumina, primary aluminum, and related aluminum products. Through subsidiaries such as Yunnan Aluminum, the group focuses on integrated upstream and downstream operations to strengthen its position in the domestic and global aluminum value chain.

YTD Price Performance: 164.60%

Average Trading Volume: 60,947,053

Technical Sentiment Signal: Buy

Current Market Cap: HK$203.1B

Learn more about 2600 stock on TipRanks’ Stock Analysis page.

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