Hailiang Share Increases USD 70,000,000 Capitalto HK Hailiang Copper Trade Company

(China Aluminium Network) Today Hailiang shares released report that it would invest $ 70,000,000 to Hong kong Hailiang Copper Trade Co.,Ltd. The report showed that $ 21,000,000 was settled by the company, and $ 49,000,000 was provided by the bank. After the added investment, the registered capital of Hong Kong Hailiang Copper Trade Company, which was contributed by Hailiang share.

Hailiang Share released 2011 Q1 report and 2010 annual report. 2010 annual report showed that the company achieved sales income of 9.053 billion yuan, which rose by 49.57%. The company's net profit reached 237 million Yuan, which rose by 35.02%, and per share earnings touched 0.592 Yuan. Q1 report showed that the company had achieved sales income of 2.497 billion yuan, which rose by 27.27%.

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