<p>The Shenzhen Stock Exchange document shows that Shandong Hontron Aluminum Industry Holding Co., Ltd. plans to acquire aluminum assets held by its major shareholder for RMB 63.5 billion (USD 9 billion). The document indicates that the target company, Shandong Hongtuo Industrial, is one of the largest electrolytic aluminum producers in the world. This acquisition will be conducted through the issuance of shares</p>

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<p>Shandong Hontron Aluminum Industry Holdings Co., Ltd. plans to acquire aluminum assets held by its major shareholders for RMB 63.5 billion, with the target company being Shandong Hongtuo Industry, one of the largest electrolytic aluminum producers in the world. This acquisition will be conducted through the issuance of shares</p>

HONTRON plans to initiate a RMB 63.5 billion acquisition transaction