焦作万方重组三门峡铝业获股东会审议通过

Core Viewpoint - The announcement by Jiaozuo Wanfang Aluminum Industry Co., Ltd. regarding the approval of a major asset restructuring involving the acquisition of Sanmenxia Aluminum Industry Co., Ltd. marks a significant step in the company's strategic expansion in the aluminum industry [2]. Group 1: Company Overview - Sanmenxia Aluminum Industry is a leading global player in aluminum-based materials and one of the top three suppliers of alumina in China, holding a crucial position in the domestic aluminum industry [2]. - As of April 2025, Sanmenxia Aluminum has an alumina production capacity of 10.28 million tons per year, ranking fourth in China and sixth globally [2]. - The company also has an electrolytic aluminum production capacity exceeding 1 million tons per year, ranking eleventh in the country, and a metal gallium production capacity of 290 tons per year, accounting for 22.8% of the national capacity, making it the second largest in China [2]. Group 2: Strategic Implications - Following the completion of this transaction, Sanmenxia Aluminum will become a subsidiary of Jiaozuo Wanfang, allowing the company to extend its existing business upstream in the industry chain [2]. - This acquisition will enable Jiaozuo Wanfang to establish a complete aluminum-based materials industry chain, covering alumina, electrolytic aluminum, and aluminum processing [2].