Chalco establishes finance and trade headquarter in Huadu district

Huadu district of Guangzhou has become home to another Fortune Global 500 enterprise as Aluminum Corporation of China Limited (Chalco) signed a cooperation agreement on Sept 9 with the district to establish a regional headquarter for the company's finance and trade sector.

The agreement was signed by Wen Guohui, mayor of Guangzhou and Ge Honglin, chairman of Aluminum Corporation of China, the controlling company of Chalco.

Aluminum Corporation of China Limited signed a cooperation agreement with Huadu district on Sept 9 to establish a regional headquarter for the company's finance and trade sector.[Photo/southcn.com] 

According to the agreement, the two parties will enhance their cooperation in regards to green finance, business investment and green industries.

Currently, Huadu district is pushing ahead with innovation-driven development strategy and the green development of real economy. The newly signed project will help the district speed up its industrial transformation, realize green development and make the financial sector better serve the real economy.

Chalco is a leading company in China's non-ferrous industry, with a strong portfolio of assets among global competitors. It is the only company in China's aluminum industry engaged in the whole chain from exploration and mining of bauxite and coal, the production, sales, and research and development of alumina, aluminum and aluminum alloy products, to international trade, logistics, and power generation from both fossil fuels and new energy. Chalco has been listed in the New York Stock Exchange (stock code: ACH), the Stock Exchange of Hong Kong (stock code: 2600), and Shanghai Stock Exchange (stock code: 601600).

Huadu district is now striving to build first-rate business environment while striving and efficiently attracting investments. It took only a month for the project to finally settle down in the district.