Hongchuang Holdings to acquire Hongtuo Industrial for aluminum expansion

Hongchuang Holdings (002379) announced a plan to issue shares to acquire 100% of Shandong Hongtuo Industrial Co., Ltd., a leading aluminum producer with 6.459 million tonnes of electrolytic aluminum and 17.5 million tonnes of alumina capacity. The deal aims to transform Hongchuang from a single aluminum processor into a full-chain aluminum industry leader.

“本次收购是上市公司在铝行业发展的关键一步，标志着公司在铝产业链中的重要扩张。”finance.sina.com.cn

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