CHALCO: China Aluminum, Yunnan Aluminium, and Kunming Copper intend to increase their capital in Yunnan Aluminum Foil by a total of 906.45 million yuan in cash or assets
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CHALCO announced that its subsidiary Yunnan Aluminium Co., Ltd. plans to sign a capital increase agreement with Chalco High-end and Kunming Copper Industry, with a total capital increase of 906.45 million yuan. Chalco High-end will contribute 229 million yuan, Yunnan Aluminium will contribute 500 million yuan, and Kunming Copper Industry will contribute 177.45 million yuan. After the capital increase, the registered capital of Yunnan Foil will increase to 1.147 billion yuan, with the equity structure being Chalco High-end 68.31%, Yunnan Aluminium 16.70%, and Kunming Copper Industry 5.93%
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