China's aluminum industry 500 million yuan into coal industry today rose 5.4%

NetEase Finance October 28 Aetna Group and Kailuan shares of Jiexiu Coke competition for renewable variables, China's aluminum industry strong. China aluminum industry announced today that Shanxi province to the provincial coal resources to integrate, the company and Shanxi Aluminum factory capital and Shanxi province Jiexiu Road Xin Coal Gasification Co., Ltd. jointly set up Shanxi Jiexiu Xin Valley Coal Industry (Group) Co., Ltd., and sign the relevant "investment cooperation contract."　　Among them, Shanxi aluminum Factory is by the company's controlling shareholder of China Aluminum Company affiliated enterprises, for the company's associated legal person. According to the introduction, the Chinese aluminum industry to invest about 537 million yuan to participate in the coal industry group set up, the shareholding ratio of about 34%.　　Shanxi Aluminum plant investment of about 253 million yuan, the shareholding ratio of about 16%, the rest of the equity Lu Xin Company and other investors hold.　　This time the investor invests the coal industry Group the fund mainly uses in the reorganization Xin Yu Ditch coal industry, the left ditch coal industry, Dong Gou coal industry, Tak Lung coal industry and the South Kiln head coal industry, such as 5 coal companies, after the integration of the coal industry Group reserves about 300 million tons of resources, all of the domestic scarce resources of high-quality coking coal, can be mined for about 75 years. Chinalco said it would take the opportunity to officially dabble in the coal industry, by changing its business structure, diversifying its investment risk and boosting profitability.　　It is important to adjust company structure, realize business diversification, strategic transformation and enhance competitiveness, and also can provide coal resources for company local enterprises. China's aluminum industry into the coal sector, today's strong rise in stock prices, a one-time impact trading, the end of the increase narrowed, the closing price of 13.14 yuan, or 5.37%, the whole day deal 2.07 billion yuan, turnover rate of nearly 10%.