| CMC is a wholly-owned subsidiary of Aluminum Corporation of China Overseas Holdings Limited (“COH”), which is a wholly-owned subsidiary of Chinalco.
Following the Global Offering (assuming the Over-allotment Option is not exercised), Chinalco, through its wholly-owned subsidiary, COH, will continue to be our Company’s substantial shareholder, beneficially interested in 85% of our issued share capital. Following the Global Offering (assuming the Over-allotment Option is not exercised), the corporate structure of our Group will be as follows:
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