Wanfang Aluminum’s asset acquisition application accepted by Shenzhen Stock Exchange

Jiaozuo Wanfang Aluminum Manufacturing Co., Ltd. announced its application to issue shares for the acquisition of assets has been accepted by the Shenzhen Stock Exchange. The company plans to acquire 99.4375% equity of Kaiyuan Aluminum (Sanmenxia) Co., Ltd., held by Hangzhou Jinjiang Group Co., Ltd. and other transaction parties.

The Shenzhen Stock Exchange issued a “Notice on the Acceptance of Jiaozuo Wanfang Aluminum Manufacturing Co., Ltd.'s Application Documents for Issuing Shares to Acquire Assets” on September 18, 2025, after verifying the completeness of the submitted documents.

This transaction is subject to further review by the Shenzhen Stock Exchange and approval for registration by the China Securities Regulatory Commission. The company cautions investors about the inherent uncertainties regarding the final approval and timing of these processes, and commits to timely disclosure of progress.