Aluminum Corp of China Ltd Files 20-F/A Amendment

TL;DR

<b>Aluminum Corp of China Ltd filed an amendment to its 2022 annual report, detailing share structure.</b>

AI Summary

ALUMINUM CORP OF CHINA LTD (ALMMF) filed a Amended Foreign Annual Report (20-F/A) with the SEC on January 24, 2024. Filing is an Amendment No. 1 to Form 20-F/A for the fiscal year ended December 31, 2022. Registrant's name is Aluminum Corporation of China Limited. Incorporated in the People's Republic of China. As of December 31, 2022, outstanding shares included 13,217,625,583 Domestic shares and 3,943,965,968 H Shares. The company is a well-known seasoned issuer.

Why It Matters

For investors and stakeholders tracking ALUMINUM CORP OF CHINA LTD, this filing contains several important signals. This filing provides updated information on the company's share structure as of the end of the 2022 fiscal year. The classification as a 'well-known seasoned issuer' indicates a significant level of public float and reporting history.

Risk Assessment

Risk Level: low — ALUMINUM CORP OF CHINA LTD shows low risk based on this filing. The filing is an amendment to a previous report and does not contain new financial or operational data, thus posing minimal immediate risk.

Analyst Insight

Review the amended share structure details for any implications on ownership or corporate governance.

Key Numbers

• 2022-12-31 — Fiscal Year End (Period covered by the annual report)
• 13,217,625,583 — Domestic Shares (Outstanding shares as of December 31, 2022)
• 3,943,965,968 — H Shares (Outstanding shares as of December 31, 2022)

Key Players & Entities

• ALUMINUM CORP OF CHINA LTD (company) — Filer name
• Aluminum Corporation of China Limited (company) — Registrant's name
• Zhu Runzhou (person) — Company Contact Person
• People's Republic of China (company) — Jurisdiction of incorporation
• 13,217,625,583 (dollar_amount) — Number of Domestic shares as of December 31, 2022
• 3,943,965,968 (dollar_amount) — Number of H Shares as of December 31, 2022

FAQ

Industry Context

The company operates in the primary production of aluminum industry.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Form 20-F/A for foreign private issuers.

What Investors Should Do

1. Verify the accuracy of the reported share counts.
2. Note the company's status as a well-known seasoned issuer.
3. Track future filings for any operational or financial updates.

Key Dates

• 2024-01-23: Filing Date — Amendment No. 1 to Form 20-F/A filed
• 2022-12-31: Fiscal Year End — Period covered by the report

Year-Over-Year Comparison

This is an amendment to the previous filing, indicating updates or corrections to the original report.

Filing Documents

• tm243416d1_20fa.htm (20-F/A) — 153KB
• tm243416d1_ex12-1.htm (EX-12.1) — 10KB
• tm243416d1_ex12-2.htm (EX-12.2) — 10KB
• tm243416d1_ex13-1.htm (EX-13.1) — 5KB
• tm243416d1_ex13-2.htm (EX-13.2) — 5KB
• tm243416d1_20fa-img001.jpg (GRAPHIC) — 3KB
• 0001104659-24-006004.txt (&nbsp;) — 480KB
• none-20221231.xsd (EX-101.SCH) — 3KB
• none-20221231_def.xml (EX-101.DEF) — 30KB
• none-20221231_lab.xml (EX-101.LAB) — 40KB
• none-20221231_pre.xml (EX-101.PRE) — 28KB
• tm243416d1_20fa_htm.xml (XML) — 8KB

Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

Item 16I. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections In May 2022, the SEC conclusively listed us as a Commission-Identified Issuer under the HFCA Act following the filing of the annual report on Form 20-F for the fiscal year ended December 31, 2021. Our auditor, a registered public accounting firm headquartered in mainland China which the PCAOB was unable to inspect or investigate completely in 2021 because of a position taken by authorities in China, issued the audit report for us for the fiscal year ended December 31, 2021. On December 15, 2022, the PCAOB issued a report that vacated its December 16, 2021 determination and removed mainland China and Hong Kong from the list of jurisdictions where it is unable to inspect or investigate completely registered public accounting firms. For this reason, we do not expect to be identified as a Commission-Identified Issuer under the HFCA Act after we file this annual report on Form 20-F. Our controlling shareholder, Chinalco, directly and indirectly owns 31.90% of our outstanding ordinary Shares as of March 31, 2023, among which 29.43% was directly owned by itself, and 2.47% was indirectly owned via its wholly-owned entities, including Baotou Aluminum, Chinalco Asset Operation and Management Co., Ltd. and Aluminum Corporation of China Overseas Holdings Limited. Chinalco is a company incorporated and domiciled in the PRC and is wholly owned by the SASAC, a special commission directly under the State Council of China, which is the executive body of the supreme organ of state power of the PRC. Therefore, Chinese governmental entity has controlling financial interest in the Company by virtue of the SASAC's 31.90% indirect equity ownership in the Company through Chinalco. As of December 31, 2022, we have 30 consolidated foreign operating entities (the "CFOEs"), including 16 wholly-owned subsidiaries and 14 subsidiaries not wholly owned by us (the "Partially-Owned Subsidiaries"). Out of these CFOEs, 2

View Full Filing

View this 20-F/A filing on SEC EDGAR