Aluminum Corp of China Ltd (Chalco) expects its pro forma profit for 2007 to come in at 11.1 bln yuan under Chinese accounting standards (CAS), according to the company's preliminary prospectus for its planned A Share offering.

The company said it has applied to China Securities Regulatory Commission (CSRC) for issue of A shares in exchange for existing issued shares held by shareholders of Shandong Aluminium Industry Co Ltd (SHA 600205) and Lanzhou Aluminium Co Ltd (SHA 600296), its two Shanghai-listed units.

The company confirmed in the prospectus that it plans to issue 1.24 bln A-shares on the mainland at 6.6 yuan each.

The CSRC has said that it will review Chalco's A-share issue proposal tomorrow.