Hongchuang Aluminum's acquisition of Hongtuo Industrial gets Shenzhen Stock Exchange approval

Shandong Hongchuang Aluminum Industry Holding Co., Ltd. announced that its plan to acquire 100% equity in Shandong Hongtuo Industrial Co., Ltd. through a share issuance has been approved by the Shenzhen Stock Exchange M&A and Restructuring Committee. The committee's 14th review meeting, held on December 10, 2025, concluded that the transaction meets restructuring conditions and information disclosure requirements.

The acquisition involves purchasing stakes from several entities, including Shandong Weiqiao Aluminum & Electricity Co., Ltd., Jinan Jiaohui Investment Partnership (Limited Partnership), China Orient Asset Management Co., Ltd., and China CITIC Financial Asset Management Co., Ltd. This marks a significant step forward for the transaction.

The transaction is still subject to registration approval from the China Securities Regulatory Commission (CSRC). The company will continue to disclose progress in accordance with relevant laws and regulations, advising investors to note the investment risks.