Group 1 - China Aluminum (02600.HK) announced a capital contribution agreement to establish a joint venture with Chalco Group, Yunnan Copper, Chihong Zn & Ge, and Chalco Capital, with respective ownership stakes of 25%, 20%, 20%, 20%, and 15% [1] - The joint venture will not be a subsidiary of China Aluminum, and its financial performance will not be consolidated into the company's accounts [1] - The transaction constitutes a connected transaction under Chapter 14A of the Hong Kong Listing Rules due to the relationships among the parties involved [1] Group 2 - The proposed business scope of the joint venture includes the processing of waste electrical and electronic products, subject to approval by relevant authorities [2] - General projects include research and development of new materials technology, manufacturing and sales of electronic materials, sales of high-purity elements and compounds, and sales of non-ferrous metal alloys [2] - The joint venture will also engage in the smelting of rare earth metals and common non-ferrous metals, as well as the manufacturing of metallurgical equipment [2]
中国铝业联手中铝集团等共设合资公司 布局稀有稀土金属及电子新材料