On 5 December 2014, with Sun Dongying, Li Yan, Zhou Qian, Chen Xiaochuang, Nie Chenxi and Zhou Zhanhua of Beijing office as PRC legal counsel, Aluminum Corporation of China Limited (Chalco for short) issued five-year bonds of 500 million dollars overseas, with coupon rate of 3.625%, its first time of issuing investment-grade dollar bonds abroad.
Founded on 23 February 2001, Chalco is a state-owned enterprise specializing in mineral resources developing, non-ferrous metal smelting and processing and related commerce and engineering. It is the second largest supplier of aluminium oxide and third supplier of electrolytic aluminium, being China’s greatest copper company. With total assets of 470 billion yuan and saless revenue of 240 billion yuan in 2012, Chalco has been a Fortune Global 500 firm for 6 consecutive years. The issuance of overseas bond enhanced its financing and influence in international capital market, thus laying solid foundation for its "go global" strategy.