Overall Listing Arrangement of China Copper Industry

Personal analysis of the overall listing of China Copper: Among the four listed subsidiaries, Yunnan Copper Technology has been listed for transfer-exclusion; Yunnan Copper Australia Company should be excluded from overseas; Chinalco Mining 03668 is listed in Hong Kong, which is the core platform for Chinalco to acquire, invest, develop and operate non-aluminum nonferrous metal mineral resources and projects overseas. There is no pause yet-unlikely; Yuntong Group is the entity with the largest assets and the largest number of employees under Chinalco. Chinalco Kunming Copper Co., Ltd., a subsidiary of China Copper, officially entrusted the management of Yuntong Group. Trading is currently suspended-as we all know. It is estimated that everything is still in progress and will not be released too early.

1. China Copper Co., Ltd. (hereinafter referred to as "Zhongtong") was established in August 2008 with a registered capital of 80 million yuan. It is a wholly-owned subsidiary of one of the three major divisions of China Aluminum Industry. By the end of 20 14 and 12, China Copper (including affiliated enterprises) had a registered capital of 9.035 billion yuan and total assets of 83.4 billion yuan. There are 26,096 employees in China Copper and its affiliated enterprises, including 258 16 employees.

2. China Copper Headquarters consists of General Department (Office of the Board of Directors), Finance Department, Investment Management Department, Enterprise Management Department, Marketing Management Department and Mineral Resources Department. In addition, six departments, including Science and Technology Management Department, Audit Department, Corporate Culture Department, Supervision Department, Legal Department and Information Management Department, are common functional departments of Chinalco and China Copper.

3. The affiliated enterprises of China Copper mainly include Yunnan Copper (Group) Co., Ltd. (hereinafter referred to as Yuntong Group), Chinalco Mining International (hereinafter referred to as Chinalco Peru Mining International, hereinafter referred to as Peru Mining), Chinalco Luoyang Copper Co., Ltd., Chinalco Shanghai Copper Co., Ltd. and Chinalco Huazhong Copper Co., Ltd., among which Yuntong Group is the entity with the largest assets and the largest number of employees; Peru Mining is the largest overseas copper mine project in China. On October 20 14 1 month, Chinalco Kunming Copper Co., Ltd., a subsidiary of China Copper, was officially entrusted to the management of Express Group. At present, there are four listed companies associated with China Copper: Yunnan Copper Co., Ltd., China Mining International, Yunnan Copper Technology and Yunnan Copper Australia.