Is Chinalco a state-owned enterprise?

Chinalco is a state-authorized investment management institution and holding company, and is an important state-owned backbone enterprise directly managed by the central government. The company has 25 subsidiaries, namely: China Aluminum Co., Ltd., Shandong Aluminum Company, China Great Wall Aluminum Company, Guizhou Aluminum Factory, Shanxi Aluminum Factory, Pingguo Aluminum Company, Zhongzhou Aluminum Factory, Qinghai Aluminum Company Co., Ltd., Shaanxi Nonferrous Metals Holding Group Co., Ltd., Zhengzhou Light Metal Research Institute, Luoyang Nonferrous Metal Processing Design Institute, China Nonferrous Metal Industry Sixth Metallurgical Construction Company, CNMC Twelfth Metallurgical Construction Company, Southwest Aluminum (Group) ) Co., Ltd., Baotou Aluminum (Group) Co., Ltd., Chinalco International Engineering Co., Ltd., Chinalco Ruimin Aluminum Plate and Strip Co., Ltd., Chinalco Southwest Aluminum Plate and Strip Co., Ltd., Shanxi Carbon Factory, Chinalco Real Estate Development Co., Ltd., Chinalco Henan Aluminum Co., Ltd., Chinalco Luoyang Copper Co., Ltd., Chinalco Daye Copper Plate and Strip Co., Ltd., Chinalco Southwest Aluminum Cold Rolling Plate and Strip Co., Ltd. and Fushun Titanium. Among them, the shares of Chinalco Corporation, controlled by Chinalco, were listed in New York and Hong Kong in December 2001.

China Aluminum Corporation carries out the investment and operation management of state-owned assets in accordance with the law; the exploration and development of mineral resources such as aluminum, magnesium, molybdenum, titanium and copper; and the mineral products of aluminum, magnesium, molybdenum, titanium and copper. , production and sales of smelting products, processed products, carbon products and related non-ferrous metal products; engaged in survey and design, scientific research, general contracting of engineering construction, construction installation, equipment manufacturing, mineral product development and processing, technology development, and technical services; It operates and acts as an agent for the import and export business of various commodities and technologies, and operates processing of supplied materials, foreign trade and re-export trade.

The company adheres to the management philosophy of "strictness, detail, practicality, innovation, perseverance, and integrity" and the business philosophy of "integrity-based, return first" and continues to promote reform and development. The output of the company's main product, alumina, has grown rapidly, its quality has steadily improved, and its economic benefits have continued to grow. The company's fixed asset value-added preservation rate and net asset return rate have always been at the forefront among state-owned enterprises with assets of more than 10 billion yuan in the country. At present, the company's total assets are more than 128 billion yuan. The company has an excellent management team and a team of technical talents with comprehensive categories and superb skills. Especially from aluminum ore mining and alumina production to aluminum smelting and deep processing, China Aluminum Corporation has a number of core core products with independent intellectual property rights. technology.

Faced with the new economic situation and international competitive environment, China Aluminum Corporation must adhere to the principle of "prioritizing the development of alumina, developing electrolytic aluminum where possible, developing aluminum processing by leaps and bounds, and selectively developing non-aluminum industries." " development policy, continue to carry forward the company spirit of "working hard, innovating and striving for strength", while also advancing with the times and constantly pioneering and innovating. Through unremitting efforts, the company has truly become a world-class enterprise with internal cohesion and external competitiveness.