国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Chalco to issue A share in early April

(Xinhua)
Updated: 2007-03-14 15:35

China Aluminium Corp. (Chalco), China's largest aluminium maker, is to issue RMB-denominated shares in early April after posting a 67-percent rise in 2006 earnings.

Xiao Yaqing, chairman and CEO of Chalco, said shareholders had agreed on listing on the domestic stock market after announcements that the country's two exchanges had raised 76.1 billion yuan (9.88 billion U.S. dollars) in capital in the first two months of 2007, or 26.86 percent of the total financing in 2006.

The company plans to issue 1.24 billion shares to raise 8.2 billion yuan (1.06 billion U.S. dollars) to buy out two domestically listed companies, Shandong Aluminum and Lanzhou Aluminum, according to earlier reports.

Preparations were well underway and the company would issue bonus stocks for late 2006 after it completed mergers with the two companies through share-swapping operations, said Xiao.

The bonus stocks available are valued at 1.48 billion yuan (192million U.S. dollars).

Chalco, the world's second largest aluminium maker, reported a net profit of 11.74 billion yuan (1.52 billion U.S. dollars) last year despite sliding prices for its main product in the second half of last year.

The company has beefed up acquisitions overseas and merged with aluminium makers at home in the hope of boosting production, especially in aluminium, to help mitigate the impact of lower prices.

The company got listed on New York Stock Exchange and Hong Kong Stock Exchange in 2001.


(For more biz stories, please visit Industry Updates)



五家渠市| 旺苍县| 东光县| 南皮县| 大连市| 前郭尔| 营山县| 瑞昌市| 林口县| 神木县| 汝南县| 天气| 富顺县| 浙江省| 迁西县| 祁阳县| 宁城县| 桐梓县| 翼城县| 宝兴县| 崇礼县| 湘乡市| 贵南县| 界首市| 沐川县| 赤城县| 仁化县| 都兰县| 利津县| 绥阳县| 红桥区| 穆棱市| 巫山县| 邯郸县| 仙居县| 龙山县| 威信县| 城市| 三门县| 确山县| 城口县|