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Hongchuang Holdings (002379) announced plans to issue shares to acquire 100% of Shandong Hongtuo Industrial Co., Ltd. from Shandong Weiqiao Aluminum Power Co., Ltd. and others, for a transaction value of 63.518 billion yuan. Hongtuo Industrial has annual electrolytic aluminum capacity of 6.459 million tons and alumina capacity of 19 million tons.
“公司拟发行股份购买山东魏桥铝电有限公司等持有的山东宏拓实业有限公司100%股权,交易作价为635.18亿元。”finance.sina.com.cn
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