Core Viewpoint - The announcement details the share placement by Nanshan Aluminium International Holdings Limited, a subsidiary of Shandong Nanshan Aluminium Co., Ltd, under a general authorization from its shareholders [2]. Group 1: Share Placement Details - Nanshan Aluminium International has entered into a placement and subscription agreement to issue 31,000,000 shares at a price of 64.50 HKD per share [2]. - The net proceeds from the placement are expected to be approximately 1.987 billion HKD, which will be used for electrolytic aluminum and related raw materials, as well as general working capital [2]. - If the placement is successfully completed, the total number of shares for Nanshan Aluminium International will increase from 589,435,200 to 620,435,200 shares, with Nanshan Aluminium's ownership percentage decreasing from 59.96% to 56.97% [2]. Group 2: Conditions and Uncertainties - The completion of the share placement is subject to meeting all conditions stipulated in the placement and subscription agreement, indicating uncertainties regarding the finalization and timing of the placement [2].
山东南山铝业股份有限公司关于控股子公司南山铝业国际控股有限公司根据一般性授权配售股份的公告