Shang Hai Zheng Quan Bao·2025-10-24 20:58Core Viewpoint - China Aluminum Corporation plans to establish a joint venture with its controlling shareholder, China Aluminum Group, and other partners, contributing 300 million RMB for a 20% stake in the new company [1][2]. Group 1 - The board of directors of China Aluminum Corporation approved the proposal to establish a joint venture during the fourth meeting of the ninth board on August 27, 2025 [1]. - The joint venture will be formed with China Aluminum Group, Yunnan Copper Co., Ltd., Yunnan Chihong Zinc & Germanium Co., Ltd., and China Aluminum Capital Holdings Co., Ltd. [1]. - The company will contribute 300 million RMB in cash and physical assets to hold a 20% equity stake in the joint venture [1]. Group 2 - On October 24, 2025, the company and its partners signed the capital contribution agreement for the establishment of the joint venture [2]. - The assessment and filing of the high-purity gallium production line assets for the company's contribution are progressing smoothly [2]. - The company will comply with relevant laws and regulations to disclose subsequent developments in a timely manner [2].