Cloud copper clarification announcement hidden positive Chinalco Incorporated Cloud copper Group started

Yunnan Copper (000878, the former closing price of 26.66 Yuan) yesterday (November 16) evening issued a notice, 4 of the News reported by one of the clarifications, which confirmed that the copper group into Chinalco's China Copper Company is in the process of planning. Chinalco in 3 years ago to 6 billion yuan to win the Peruvian copper industry 91% of the equity, has long been big copper industry planning.　　This may be a turning point in Yunnan Copper concentrates to raise the low self-sufficiency rate. Chinalco without increasing cloud Copper group intention Yunnan Copper industry in the week just adjusted the Non-public offering plans, excluding the fund-raising plan to supplement the 1 billion Yuan liquidity project. Insiders believe that this is the company to secure the issuance of a logo, and reduce the number of additional shares will increase the company's earnings per share. To preserve the issue is the urgent demand of Yunnan copper industry to seek copper concentrate resources, as one of the three major copper enterprises in Yunnan copper industry, its self-sufficiency rate has been low, and there is a long inventory cycle disadvantage.　　But since Chinalco's arrival, the market has become more and more of the imaginary space for the copper cloud. In Monday, Yunnan Copper Industry Bulletin said, Yunnan province Sasac is to be held in the Cloud Copper group 2% of the shares free of charge to China Aluminum Company, the two sides have signed a transfer agreement, the Yunnan provincial government and the State Council state-funded committee approved. At the same time, there are market rumors, media reports said, 3 years ago in the Sino-aluminum and Cloud copper group after the marriage, the 2% equity transfer to Chinalco, is only the first step of the two sides trading.　　Chinalco will continue to buy 7% per cent of the cloud copper group after taking control of the group.　　In response to this, Yunnan copper in the inquiry after the aluminum company replied that within the next 3 months, the Chinese aluminum Company does not intend to pay to continue to buy copper group 7% shares of the relevant intentions, nor to the cloud Copper group to increase capital shares of the relevant intention. In addition, for China Aluminum and Yunnan Sasac will be in the copper industry, based on cooperation, the two sides will also be in the water (coal), electricity, aluminum and other fields to actively seek cooperation opportunities to achieve complementary advantages of the two sides, cloud copper has not denied, and said that China and the Yunnan provincial government will have the future cooperation intentions, but so far,　　No substantial progress. Cloud copper group injected into China's copper industry is planning to clarify in the announcement, as for Chinalco's actual control of the Cloud Copper group, the next step will be to install the Chinese copper Company, which is the rumor that the real copper industry integration platform, the cloud copper has not expressed the denial, but is confirms the matter is progressing. Yunnan copper Industry said that Chinalco has set up a Chinese copper company, not the Chinese copper industry group.　　The company is currently only as a platform for Chinalco to build copper block, the copper group into the Chinese copper Company, Chinalco is planning. In fact, Chinalco has been involved in the copper industry as early as three years ago, with 6 billion yuan to win the Peruvian copper industry 91% of the equity, and then into the Cloud Copper group, Chinalco has been seeking to make a big copper block.　　This year, Chinalco's China Copper Company was established and its main business was adjusted to "aluminum, copper and Rare-earth industries". Since this year, copper prices have continued to rebound and create a historyNew high, the industry's profitability quickly recovered, but the newly established Chinese copper Company but only the middle and lower reaches of the industry, no mines, similar to empty shells. After the establishment of China Copper Company, Chinalco will be in the middle aluminum Luoyang copper, aluminum Shanghai copper industry and other copper assets packed into the package, there is no upstream enterprises. At present, the group has offices in Shanghai, but did not carry out large-scale domestic copper consolidation. If Chinalco is to come up with a plan to inject cloud copper into the industry, and thus form a genuine copper consolidation platform, it may be the real dream of Chinalco. For the listed companies Yunnan copper industry, in the actual control of human assets and mineral wealth, the company's future development is certainly good.