# Yongjie New Materials to acquire Arconic Qinhuangdao and Arconic Kunshan for $175M

Yongjie New Materials plans to acquire 100% of Arconic (Qinhuangdao) Aluminum Co., Ltd. and 95% of Arconic (Kunshan) Aluminum Co., Ltd. from Arconic (China) Investment Co., Ltd. for approximately $175 million, plus $61.2 million in Ford profit share. The targets produce aluminum can body stock, lithium battery materials, automotive body sheet, and thermal management materials.

- Type: Acquisition
- Announced: 2026-04-20
- Where: Qinhuangdao, Hebei; Kunshan, Jiangsu, China
- Value: $175.0M
- Status: announced
- Products: aluminum can body stock, lithium battery materials, automotive body sheet, thermal management materials
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Yongjie New Materials](https://endata.com/companies/89937.md) (acquirer)
- [Arconic (Qinhuangdao) Aluminum Co., Ltd.](https://endata.com/companies/90307.md) (target)
- [Arconic (Kunshan) Aluminum Co., Ltd.](https://endata.com/companies/90308.md) (target)
- [Arconic (China) Investment](https://endata.com/companies/91459.md) (partner)

## Sources

- [news.cnal.com](https://news.cnal.com/2026/04-20/1776644150662295.shtml), 2026-04-20: "永杰新材发布重大资产购买报告书草案，公司拟以支付现金方式购买奥科宁克(中国)投资有限公司持有的奥科宁克(秦皇岛)铝业有限公司100%股权和奥科宁克(昆山)铝业有限公司95%股权"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.