# Ningbo Fubang Jingye Group to transfer aluminum profile assets to Fubang Aluminum

Ningbo Fubang Jingye Group announced plans to transfer assets related to its aluminum profile business, including 100% equity of its aluminum profile company, to Fubang Aluminum for a transaction price of CNY 26.4579 million, plus repayment of loans and dividends of CNY 8.9397 million.

- Type: Acquisition
- Announced: 2025-05-29
- Where: China
- Value: $3.70M (26.5M CNY)
- Status: announced
- Products: aluminum profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Ningbo Fubang Jingye Group](https://endata.com/companies/85047.md)
- [Fubang Aluminum](https://endata.com/companies/85048.md) (acquirer)

## Sources

- [news.futunn.com](https://news.futunn.com/en/post/57420882/ningbo-fubang-jingye-group-600768-sh-intends-to-transfer-assets), 2025-05-29: "Ningbo Fubang Jingye Group announced plans to further optimize the company's industrial structure and promote its strategic transformation by transferring assets related to the aluminum profile business to Fubang Aluminum."

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