---
title: "HONTRON plans to acquire 100% equity of aluminum product manufacturer Hongtuo Industry for 63.518 billion yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241457531.md"
description: "HONTRON plans to acquire 100% equity of aluminum product manufacturer Hongtuo Industry for 63.518 billion yuan. This transaction will transform HONTRON from a single aluminum deep processing business into a full industry chain company covering electrolytic aluminum, alumina, and aluminum deep processing, enhancing profitability and asset scale, eliminating related party transactions and competition among peers, and significantly boosting the company's position in the global aluminum industry"
datetime: "2025-05-22T13:47:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241457531.md)
  - [en](https://longbridge.com/en/news/241457531.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241457531.md)
generator: "portal-rs"
---

# HONTRON plans to acquire 100% equity of aluminum product manufacturer Hongtuo Industry for 63.518 billion yuan

According to the announcement from HONTRON (002379.SZ), the listed company plans to issue shares to acquire 100% equity of Hongtuo Industrial held by Weiqiao Aluminum & Electricity, Jiahuai Investment, Dongfang Asset Management, CITIC Financial Assets, Juxin Tianang, Ningbo Xinlu, Jinan Hongtai, Junyue Investment, and Tiancheng Zinc. The transaction price is 63.518 billion yuan.

Before this transaction, Shandong Hongqiao was the controlling shareholder of the listed company, and Mr. Zhang Bo, Ms. Zhang Hongxia, and Ms. Zhang Yanhong were the actual controllers of the listed company. One of the counterparties in this restructuring transaction, Weiqiao Aluminum & Electricity, is a wholly-owned subsidiary of Shandong Hongqiao. After the completion of this transaction, the controlling shareholder of the listed company will change to Weiqiao Aluminum & Electricity, while the actual controllers will remain unchanged.

The target company is a global leading manufacturer of aluminum products and is currently one of the largest producers of electrolytic aluminum in the world. The target company's business covers the entire industrial chain of aluminum products, including electrolytic aluminum, alumina, and deep processing of aluminum, with an annual production capacity of 6.459 million tons of electrolytic aluminum and 19 million tons of alumina.

After this transaction, the target company will become a wholly-owned subsidiary of the listed company. This transaction will help the listed company transform from a single aluminum deep processing business to a company that integrates electrolytic aluminum, alumina, and deep processing of aluminum across the entire industrial chain, reasonably enhancing the concentration of the aluminum industry, leveraging the advantages of industrial integration, and achieving a green and low-carbon transformation and upgrade of the aluminum industry chain. Through this transaction, the profitability of the listed company will be significantly enhanced, and the asset scale will be greatly increased, eliminating related transactions and competition between the listed company and the target company.

This restructuring will not only greatly enhance the overall value of the listed company but also significantly elevate its position in the global industry, enabling the listed company to transition from a regional competitor to a global leader, becoming one of the world's largest aluminum production enterprises and a leading manufacturer of aluminum products globally

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**