# 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.

- Type: Acquisition
- Announced: 2025-01-06
- Where: China
- Status: announced
- Products: aluminum products, electrolytic aluminum, alumina
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hongchuang Holdings](https://endata.com/companies/82143.md) (acquirer)
- [Shandong Hongtuo Industrial](https://endata.com/companies/82144.md) (target)
- [Weiqiao Aluminum & Electric](https://endata.com/companies/82145.md) (investor)

## Sources

- [finance.sina.com.cn](https://finance.sina.com.cn/roll/2025-01-06/doc-ineeacvp2811104.shtml), 2025-01-06: "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。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.