Core Viewpoint - The article discusses the significant asset restructuring plan announced by Yongjie New Materials, which aims to acquire 100% of the equity of Aconic (Qinhuangdao) Aluminum Co., Ltd. and 95% of Aconic (Kunshan) Aluminum Co., Ltd. This transaction is expected to meet the criteria for a major asset restructuring as defined by the restructuring management measures [2]. Group 1: Transaction Details - Yongjie New Materials plans to purchase the equity of Aconic Qinhuangdao and Aconic Kunshan through cash payment, with the acquired companies projected to contribute over 50% of the listed company's revenue in 2024 [2]. - The transaction is anticipated to significantly enhance the production capacity and scale of Yongjie New Materials, as both target companies operate in the same industry and have a strong historical presence in China [3]. Group 2: Strategic Benefits - The acquisition is expected to improve Yongjie New Materials' industry position, technical capabilities, and customer resources, while also enhancing the product structure of the acquired companies [4]. - The transaction will provide Yongjie New Materials with access to the operational teams, patents, technology, R&D platforms, customer resources, production lines, and supply chain systems of the acquired companies, which will contribute to new performance growth points [4]. Group 3: Industry Context - The target companies have a legacy of over 20 years in China and are part of the Aconic system, which has inherited core processes and quality control systems from Alcoa, a leader in high-end aluminum processing technology [3]. - The products from Aconic Qinhuangdao and Aconic Kunshan include aluminum materials for lithium batteries, automotive applications, and other industrial uses, which align with the high-end, intelligent, and green development strategy of Yongjie New Materials [3]. Group 4: Strategic Cooperation - Yongjie New Materials has signed a strategic cooperation agreement with Arconic Corporation to build a resilient and efficient global supply chain, aiming to enhance operational resilience and provide reliable solutions to mutual customers [5].