Yongjie New Materials to acquire two Arconic aluminum plants for $180M

Yongjie New Materials announced a cash acquisition of 100% of Arconic (Qinhuangdao) Aluminum Industries and 95% of Arconic (Kunshan) Aluminum Products for approximately $180 million, gaining about 250,000 mt of high-end aluminum capacity.

“Yongjie New Materials Co., Ltd. announced its intention to acquire 100% equity in Arconic (Qinhuangdao) Aluminum Industries Co., Ltd. and 95% equity in Arconic (Kunshan) Aluminum Products Co., Ltd. through a cash transaction.”news.metal.com

• 2 sources
• news.metal.com[SMM New Energy] Splashing Out $180 Million! Yongjie New Materials "Cash Acquisition" of Two High-End Aluminum Plants, Aggressively Targeting Battery and Auto Body Materials Track - Shanghai Metals Market (SMM)Shanghai Metals Market (SMMJan 28, 2026
• eeo.com.cn永杰新材拟现金收购奥科宁克旗下铝业公司股权 - 经济观察网 － 专业财经新闻网站Feb 12, 2026

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