Core Viewpoint - China Aluminum announced plans to establish a joint venture with its controlling shareholder, Chalco Group, and its subsidiaries, Yunnan Copper Co., Ltd., Yunnan Chihong Zinc & Germanium Co., Ltd., and Chalco Capital Holdings Co., Ltd. [1] Group 1 - The company intends to invest RMB 300 million in cash and physical assets, acquiring a 20% stake in the joint venture [1]

Group 1 - China Aluminum (601600) announced plans to establish a joint venture with China Aluminum Group, Yunnan Copper (000878), Yunnan Chihong Zinc & Germanium (600497), and China Aluminum Capital Holdings [1] - The company will contribute 300 million RMB in cash and physical assets, while partners will contribute varying amounts, totaling 1.5 billion RMB [1] - The ownership structure of the joint venture will be 25% for China Aluminum Group, 20% for China Aluminum, 20% for Yunnan Copper, 20% for Chihong Zinc & Germanium, and 15% for China Aluminum Capital [1] Group 2 - As of the announcement date, no specific agreements have been signed regarding the establishment of the joint venture [2]

Group 1 - The core point of the article is that China Aluminum (02600) plans to establish a joint venture with several companies, including China Aluminum Group, Yunnan Copper, Chihong Zinc & Germanium, and China Aluminum Capital, with a total investment of approximately RMB 15 billion [1] - China Aluminum will contribute RMB 300 million in cash and physical assets, while China Aluminum Group, Yunnan Copper, and China Aluminum Capital will invest RMB 375 million, RMB 300 million, and RMB 225 million respectively [1] - Chihong Zinc & Germanium will contribute RMB 300 million in cash and equity from its subsidiaries [1] Group 2 - The ownership structure of the joint venture will see China Aluminum Group holding 25%, China Aluminum 20%, Yunnan Copper 20%, Chihong Zinc & Germanium 20%, and China Aluminum Capital 15% [1] - The joint venture will not be a subsidiary of China Aluminum, and its financial performance will not be consolidated into China Aluminum's accounts [1] - As of the date of the announcement, no specific agreements have been signed regarding the establishment of the joint venture [1]

Group 1 - The core point of the article is that China Aluminum (02600.HK) plans to establish a joint venture with several partners, including Chalco Group, Yunnan Copper, Chihong Zinc & Germanium, and Chalco Capital, with a total investment of approximately RMB 15 billion [1] - China Aluminum will contribute RMB 300 million in cash and physical assets, while Chalco Group, Yunnan Copper, and Chalco Capital will invest RMB 375 million, RMB 300 million, and RMB 225 million respectively [1] - Chihong Zinc & Germanium will contribute RMB 300 million in cash and equity of its subsidiary [1] Group 2 - The ownership structure of the joint venture will see Chalco Group holding 25%, China Aluminum 20%, Yunnan Copper 20%, Chihong Zinc & Germanium 20%, and Chalco Capital 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]

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