Yunnan Copper industry clarifies Chinalco's increase in speculation in today's plate

NetEase Finance November 17 news Yunnan Copper Tuesday Evening issued a clarification announcement, in response to the media coverage of the "four rumors", respectively made a clarification.　　Yunnan copper Industry said that the company's actual control of the Chinese aluminum company in the next three months, did not contribute to continue to buy copper group 7% interest in the intention.　　In addition, Yunnan copper industry said that "on the basis of cooperation in the copper industry, the two sides will also be in the water (coal), electricity, aluminum and other areas of active search for cooperation opportunities," said the content, but Chinalco and the Yunnan provincial government's future cooperation intentions, so far, no substantial progress. Yunnan copper Industry said that in the next three months, Chinalco has not the cloud copper group to increase capital shares of the relevant intention.　　In addition, Chinalco has set up a Chinese copper industry company, not China Copper Group, the company is currently only as a platform for Chinalco to build copper plate, the copper group is loaded into China Copper Company, Chinalco is planning.　　Today, the Yunnan copper industry continued its decline, today to the price of the opening of the fall, the plate fell while opening, but the decline still as high as 8%. Related rumours one: Following the marriage of Chinalco and Cloud copper three years ago, the Yunnan Sasac will transfer 2% of its shares to Chinalco for free, just the first step in the deal.　　Chinalco will continue to buy 7% per cent of the cloud copper group after taking control of the group.　　Rumor two: In the copper industry, on the basis of cooperation, the two sides will also be in the water (coal), electricity, aluminum and other fields actively seek cooperation opportunities to achieve complementarity between the two sides.　　Rumor three: Yunnan Province Sasac Capital Operations department in charge of the local media telephone interview, said that Chinalco is rich in funds, do not rule out the next step to the copper group to increase capital expansion of shares. Rumor four: Take the real control of the copper group, the next step into the Chinese copper Group, which formed a real copper industry integration platform.