China MCC: Currently, the company has no equity interest or revenue rights arrangement with Aineke Copper Mine.

Every Daily Economic News AI Express. Investors asked on the investor interaction platform: Hello, Secretary to the Board. Announcement No. 2025-056 clearly states that Minmetals Copper Mine holds 75% of the equity in the Ainak project, but after Minmetals Copper Mine sells, it is no longer a subsidiary. My questions are: 1) Does Minmetals still retain an equity stake in the Ainak project? 2) Through what mechanism will future earnings be realized? This directly concerns the value of core assets, and we sincerely request a clear reply.

China Minmetals Corporation (601618.SH) stated on April 2 on the investor interaction platform that the company, in December 2025, signed an “Equity Transfer Agreement” with China Minmetals and transferred to it the equity of companies that it held, which engaged in real estate and resources development businesses. Among them, the company “Minmetals Copper and Zinc,” which is associated with the Ainak copper mine, was also transferred along with it (for specific details, see the relevant announcements disclosed by the company on December 9, 2025 and December 30, 2025). Therefore, currently the company has no equity relationship with the Ainak copper mine and also has no arrangement for any mechanism to secure earnings rights. The relevant assets are no longer included in the scope of the company’s consolidated financial statements starting from December 31, 2025.

(Reporter Zhang Mingshuang)

Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Please verify before use. If you act on this, you bear the risks.

Daily Economic News