Aluminum Corporation of China Limited (CHALCO, 02600) released an overseas regulatory announcement disclosing that its former executive director and vice president, Jiang Tao, completed a partial shareholding reduction. Prior to the plan’s implementation, Jiang Tao held 230,000 A shares (approximately 0.0013% of total share capital) through the company’s 2021 restricted share incentive plan.
According to the disclosed information, Jiang Tao proposed to reduce up to 57,500 A shares (no more than 25% of his holdings). The reduction period was set from 8 December 2025 to 7 March 2026. As of 6 March 2026, Jiang Tao had sold 20,000 A shares—0.00012% of the company’s total share capital—at a price of RMB12.31 per share on 31 December 2025, for a total of RMB0.25 million.
Jiang Tao later resigned from his positions on 8 January 2026, triggering a six-month transfer restriction under applicable regulations. No further shareholding reductions occurred after the initial sale. Following the transaction, Jiang Tao retains 210,000 A shares, representing approximately 0.0012% of CHALCO’s total issued shares.
Comments