【SMM Aluminum Flash News】New Aluminum Times plans to acquire 100% equity of Honglian Electronics through the issuance of shares and payment of cash

Published: Aug 15, 2025 11:54

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On August 14, New Aluminum Times announced its intention to acquire 100% of the equity of Dongguan Honglian Electronics Co., Ltd. through a combination of share issuance and cash payment. The company will also raise matching funds by issuing shares to no more than 19 qualified individuals. The transaction price (excluding matching funds) is 1.22 billion yuan, with the total matching funds raised not exceeding 787 million yuan.

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