Aluminum Corporation of China Limited provided earnings guidance for the year ended December 31, 2016. Based on the preliminary calculations of the finance department of the company, the company is expected to record a total profit of approximately RMB 1,600 million for the year of 2016, an increase of about 7.3 times as compared with the corresponding period of the preceding year; and is expected to record a net profit attributable to the owners of the parent of approximately RMB 380 million, an increase of about 85% as compared with the corresponding period of the preceding year. Major reasons for the estimated profit increase for the period: the company increased its gross profit margin and significantly improved its profitability by focusing on reducing cost and enhancing efficiency and strengthening cost budget control, greatly reducing the cost of its leading products; the company accurately grasped the favorable interest-rate market environment after the interest rate cut by the PBOC in 2015, and company's financial expenses were greatly reduced through centralized management of funds, structural adjustment of debt varieties, improvement of fund operation efficiency and other methods.