# Chalco Shandong to transfer Qingdao Light Metals to Chalco High-End Manufacturing

China Aluminum Corporation's wholly-owned subsidiary Chalco Shandong plans to transfer 100% equity of Qingdao Light Metals to Chalco High-End Manufacturing. The transaction was approved by the board on March 21, 2023, but no specific agreement has been signed yet.

- Type: Acquisition
- Announced: 2023-03-21
- Where: Qingdao, China
- Status: announced
- Products: light metals
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Chalco Shandong](https://endata.com/companies/20412.md) (partner)
- [China Aluminum Co.](https://endata.com/companies/29045.md) (partner)
- [Qingdao Light Metals](https://endata.com/companies/29046.md) (target)
- [Chalco High-End Manufacturing](https://endata.com/companies/69219.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/895935.html), 2023-03-21: "公司全资附属公司中铝山东有限公司拟向中国铝业集团高端制造股份有限公司转让中铝青岛轻金属有限公司100%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.