Zhong Guo Ji Jin Bao·2025-05-22 14:46Core Viewpoint - Hongchuang Holdings plans to acquire 100% equity of Shandong Hongtuo Industrial Co., Ltd. through a share issuance, with a transaction value of 63.518 billion yuan, marking a significant asset restructuring and related party transaction [2][3][7]. Group 1: Transaction Details - The acquisition involves multiple parties, including Shandong Weiqiao Aluminum Electric Co., Jinan Jiahui Investment Partnership, and others [5]. - The transaction is expected to enhance the company's overall value and position in the global aluminum industry, transitioning from a regional competitor to a global leader [7][9]. Group 2: Business Transformation - Post-transaction, Hongchuang Holdings will shift from a single aluminum deep processing business to a comprehensive company covering electrolytic aluminum, alumina, and aluminum deep processing [7][11]. - The acquisition will significantly improve the company's asset quality, financial status, and profitability, with key financial metrics expected to show substantial growth [11][12]. Group 3: Financial Impact - Hongtuo Industrial, the target company, is a leading global aluminum product manufacturer with an annual production capacity of 6.459 million tons of electrolytic aluminum and 19 million tons of alumina [9]. - For the fiscal year 2024, Hongtuo Industrial is projected to achieve a revenue of 149.289 billion yuan and a net profit of 18.153 billion yuan [9][11]. - The transaction is anticipated to result in a dramatic increase in total assets, net assets, revenue, and net profit for Hongchuang Holdings, with total assets expected to exceed 100 billion yuan [12][13].