20 1 1 On September 25th, 2008, International Mining Investment Co., Ltd., a subsidiary of China Power Investment Group, and Shandong Luneng Group Co., Ltd. held the signing ceremony of the Agreement on Equity Transfer and Custody of Shanxi Luneng Jinbei Aluminum Co., Ltd. in Beijing. 20 12 At the end of May, China Power Investment Corporation officially completed the acquisition of Jinbei Aluminum, and Jinbei Aluminum was renamed as China Power Investment Corporation Shanxi Aluminum Co., Ltd. The acquisition of Jinbei Aluminum made China Power Investment Corporation take a solid step in the construction of bauxite-alumina-electrolytic aluminum industrial chain and enhanced the sustainable development capability of aluminum industry.
Around 20 1 1 year, Shanxi Luneng Jinbei Aluminum Co., Ltd. was transferred to an international mining investment company under the name of China International Power Investment Co., Ltd. controlled by the National Development and Reform Commission, with a custody period of 1 year.