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Shunbo Alloy announced it plans to acquire 100% equity of Chongqing Aobo Aluminum Manufacturing Co., Ltd. and related creditor's rights from Chongqing Light Textile Holding (Group) Company for cash, to enter the deformed aluminum alloy industry.
“公司拟以自有或自筹现金方式收购重庆轻纺控股(集团)公司持有的重庆奥博铝材制造有限公司100%股权及相关债权。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.