Shanxi Huasheng Aluminum Industry plans to transfer 190000 tons of Electrolytic Aluminum production capacity

Published: Feb 21, 2019 08:18

Source: Shanghai Nonferrous Metals Network

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Shanxi Huasheng Aluminum Co., Ltd., the holding subsidiary of Chinalco, intends to transfer 190000 tons of electrolytic aluminum production capacity to Heqing Yixin Aluminum Co., Ltd by way of agreement transfer, and the transaction price is expected to be RMB 950 million yuan. The final transaction consideration shall be subject to the asset evaluation report issued by the asset appraisal institution qualified for securities and futures-related business evaluation.

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