“魏桥系”千亿资产腾挪，背后企业获利198亿

Core Viewpoint - The acquisition of 100% equity of Shandong Hongtu Industrial Co., Ltd. by Shandong Hongchuang Aluminum Industry Holdings Co., Ltd. marks a significant step in the capital operations of the "Weiqiao System," enhancing its position in the aluminum industry through a major asset transfer [1][3]. Group 1: Transaction Details - The transaction involves issuing shares to acquire the target company for a total price of 63.518 billion yuan, which will make the target a wholly-owned subsidiary of the listed company [1][4]. - The share issuance will amount to 11.895 billion new shares, representing 91.28% of the total share capital post-issuance, significantly diluting the interests of minority shareholders [4][5]. - After the transaction, Weiqiao Aluminum will increase its shareholding from 22.98% to 86.98%, becoming the controlling shareholder, while the original controlling shareholder's stake will drop to 2% [4][5]. Group 2: Financial Impact - The acquisition price reflects an increase in the target company's net assets by approximately 20.78 billion yuan, with a premium rate of about 48.62% [4]. - The financial metrics of the listed company will see substantial growth post-acquisition, with total assets projected to exceed 100 billion yuan, positioning it among the world's largest aluminum producers [7][9]. - Key financial indicators such as total assets, net assets, operating income, and net profit are expected to increase significantly, with total assets projected to grow by 3354.49% and net profit shifting from a loss of 68.98 million yuan to a profit of 1.808 billion yuan [9]. Group 3: Business Transformation - The acquisition will enable the listed company to transition from a single aluminum deep processing business to a comprehensive operation covering the entire aluminum industry chain, including electrolytic aluminum and alumina [7][8]. - The target company, a leading global aluminum manufacturer, has an annual production capacity of 6.459 million tons for electrolytic aluminum and 19 million tons for alumina, significantly enhancing the operational scale of the listed company [6][7].