Fuda Alloy to acquire Sanmenxia Aluminum for CNY 15.56 billion in restructuring

Fuda Alloy announced a major restructuring to acquire 100% of Sanmenxia Aluminum through asset swap and share issuance, valued at CNY 15.56 billion. The deal includes a CNY 3 billion fundraising for a 1.2 million ton alumina project.

“本次交易完成后，上市公司将持有三门峡铝业100%股权，上市公司的控股股东将变更为锦江集团”stcn.com

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