HONTRON(SZ:002379) Zheng Quan Zhi Xing·2025-07-21 13:16Core Viewpoint - The company, Shandong Hongchuang Aluminum Industry Holdings Co., Ltd., is planning to acquire 100% equity of Shandong Hongtuo Industrial Co., Ltd. through a share issuance, which will significantly enhance its operational scale and profitability, transforming it into a leading global aluminum manufacturer [13][14][17]. Group 1: Transaction Overview - The transaction involves issuing shares to acquire assets from multiple parties, including Shandong Weiqiao Aluminum & Electricity Co., Ltd. and others, with a total transaction value of 6,351,793.54 million RMB [10][12]. - The target company, Shandong Hongtuo Industrial Co., Ltd., is a major player in the aluminum industry, specializing in the production and sales of electrolytic aluminum, alumina, and deep-processed aluminum products [13][14]. Group 2: Impact on Business Operations - Post-transaction, the company will transition from a single aluminum deep-processing business to a comprehensive operation covering the entire aluminum industry chain, which includes electrolytic aluminum and alumina production [13]. - The acquisition is expected to enhance the company's profitability and asset scale significantly, with total assets projected to reach approximately 10.8 billion RMB after the transaction [17]. Group 3: Financial Metrics - Key financial metrics before and after the transaction indicate a substantial increase in total assets from 312,712.93 million RMB to 10,802,625.86 million RMB, representing a growth rate of 3354.49% [17]. - The company's net profit is expected to rise dramatically from a loss of 6,898.18 million RMB to a profit of 1,808,205.55 million RMB, marking an increase of 1,815,103.73 million RMB [17]. Group 4: Shareholding Structure Changes - The controlling shareholder will change from Shandong Hongqiao to Weiqiao Aluminum post-transaction, while the actual controller remains unchanged [14]. - The shareholding structure will see Weiqiao Aluminum holding 86.98% of the company, significantly altering the distribution of ownership [14][15]. Group 5: Regulatory and Approval Process - The transaction is subject to various regulatory approvals and must complete all necessary decision-making processes before implementation [18]. - The company has committed to protecting the rights of minority investors throughout the transaction process, ensuring compliance with relevant regulations [19].