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China Aluminum Co. (Chalco) announced that its subsidiary Zhonglu Shandong plans to acquire 100% of Qingdao Light Metals from parent company Chinalco for CNY 300 million. Qingdao Light Metals produces aluminum and magnesium products.
“2017年12月28日,该公司附属中铝山东拟向控股股东中铝集团收购青岛轻金属100%股权,代价3亿元。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.