China Aluminum ( 02600.HK ) Subsidiary Chalco Logistics Acquires 51% Stake in Yunlv Logistics to Achieve Southwest Regional Logistics Business Integration

Gelonghui April 2丨China Aluminum Industry (02600.HK) announced that on April 2, 2026, Yunnan Aluminum Co., Ltd. and Chinalco Logistics entered into an equity transfer agreement, pursuant to which Chinalco Logistics intends to acquire 51% of the equity interests in Yunnan Aluminum Logistics held by Yunnan Aluminum Co., Ltd. in cash through a non-public agreement. Upon completion of this acquisition, Chinalco Logistics and Yunnan Aluminum Co., Ltd. will each hold 51% and 49% of the equity interests in Yunnan Aluminum Logistics, respectively. Yunnan Aluminum Logistics will become a subsidiary of Chinalco Logistics, and its financial performance will be consolidated into Chinalco Logistics’s accounts.

Yunnan Aluminum Logistics is a limited liability company incorporated in China. As of the date of the announcement, it is a wholly-owned subsidiary of Yunnan Aluminum Co., Ltd., and it mainly engages in ordinary cargo transportation, multimodal transport services, international freight forwarding, domestic container warehousing, warehousing, loading and unloading services, container yard storage, and leasing of warehouses, among other activities.

Yunnan Aluminum Logistics is currently managed under custody by Chinalco Logistics. Through this acquisition, it is expected that Chinalco Logistics can achieve the unification of ownership rights and management rights over Yunnan Aluminum Logistics. Yunnan Aluminum Logistics can also leverage the platform of Chinalco Logistics to enhance its own business capabilities and market competitiveness. At the same time, Chinalco Logistics can use this acquisition to round out its logistics business footprint in the Southwest region and complete the integration of all logistics businesses within the Group.