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    Home > Inorganic Chemistry Topics > Inorganic Chemistry Project > Aluminum Corporation of China plans to increase capital in alumina project

    Aluminum Corporation of China plans to increase capital in alumina project

    • Last Update: 2022-02-19
    • Source: Internet
    • Author: User
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    On September 17, Aluminum Corporation of China issued an announcement stating that it plans to increase capital to build alumina projects in Guangxi Huasheng in proportion to its equity, with an increase of 838 million yuan
    .
    After the capital increase is completed, the company's shareholding ratio will remain 51%.
    ? It is understood that the alumina project has a production capacity of 2 million tons per year and a total investment of about 5.
    805 billion yuan, of which the project capital is about 1.
    742 billion yuan.
    Guangxi Huasheng is responsible for construction and operation
    .
    Guangxi Huasheng was established in June last year with a registered capital of 100 million yuan.
    Chinalco invested 51 million yuan and held 51% of the equity; Guangxi Investment Group, Guangxi Beibu Gulf Investment, Guangxi Beibu Gulf International Port and Fangchenggang Port Engineering Infrastructure held shares respectively 13%, 13%, 13% and 10%.
    ? According to disclosures, Guangxi Huasheng did not carry out operating activities last year
    .
    As of the end of 2017, the company's total assets were 103 million yuan, liabilities were 2,704,400 yuan, and net assets were 100 million yuan
    .
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