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Sanmenxia Aluminum plans to list on the Shanghai Stock Exchange through a reverse merger with Fuda Alloy. Fuda Alloy will swap its assets (valued at about CNY 850 million) and issue shares to acquire 100% of Sanmenxia Aluminum for up to CNY 15.2 billion. The deal will make Jinjiang Group the new controlling shareholder.
“公司将持有三门峡铝业100%股权,公司的控股股东将变更为锦江集团,实际控制人变更为钭正刚。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.