China Aluminum Financial Leasing Co., Ltd. agreed to acquire a 32.5% stake in Shanghai Dianxin Puhui Financial Leasing Co., Ltd. from Yunnan Chihong Zinc & Germanium Co., Ltd. (SHSE:600497) and Chihong (Hong Kong) International Investment Co., Ltd. for CNY 65 million on November 12, 2021. The consideration will be paid in cash lumpsum, within 15 working days after receiving the payment notice. Prior completion, Shanghai Dianxin Puhui is owned 34.20% by China Copper Investment Co., Ltd., 20% by Yunnan Chihong Zinc Germanium Co., Ltd. and Yunnan Aluminum Co., Ltd. each, 12.50% by Chihong (Hong Kong) International Investment Co., Ltd. and Yunlu International Co., Ltd. each and 0.80% by Shanghai Dianzhong Enterprise Management Center (Limited Partnership). After the completion of the transfer, the company and Chihong (Hong Kong) Investment Co., Ltd. will no longer hold the equity of Shanghai Dianxin Puhui. The total assets and net assets of Shanghai Dianxin Puhui were CNY 173.84 million and CNY 173.68 million respectively as of September 30, 2021. The transaction has been approved at the eighteenth meeting of the company?s seventh board of directors.