Jiaozuo Wanfang to Convene 2025 Interim Shareholders' Meeting for 3.8 Billion Yuan Secondary Aluminum Project

Published: Nov 29, 2025 22:09

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On November 26, Jiaozuo Wanfang announced that its board of directors had passed a proposal to convene the sixth interim shareholders' meeting of 2025 on December 12, 2025, to deliberate on the "Proposal on the Company's Planned Investment in the Construction of an Annual 400kt Secondary Aluminum Project," among other matters.

The total investment in the above project is approximately 3.8 billion yuan. The overall construction content includes repurposing or renovating production facilities and purchasing and installing related equipment. The main products of the project will include 100kt of round bars, 75kt of alloy ingots (liquid), 25kt of die-cast parts, 180kt of aluminum plate/sheet and strip, and 20kt of copper-aluminum composite strips, among others.

Jiaozuo Wanfang stated that this project investment will enable the socialized recycling and processing of aluminum resources, facilitate effective environmental protection management, achieve a green cycle for the aluminum industry, contribute to local economic development, and effectively enhance the company's scale, industry competitiveness, market share, and overall risk resilience. It is expected to have a positive impact on the company's development and aligns with the company's strategic plan.

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