[SMM data] reduce the arrival of goods in the place of consumption and reduce the inventory of electrolytic aluminum by 6000 tons

According to reports, Lens Technology Co., Ltd. signed a share purchase agreement with South Asia Management Limited, Zheng Liyu, Lin Meili, and other transaction parties, planning to conditionally acquire approximately 27.81% of the issued shares of Giant International Holdings Limited held by the sellers, corresponding to approximately 334 million shares, with a total transaction consideration of approximately 734 million Hong Kong yuan. According to the agreement, after the completion of this share acquisition, Lens Technology will issue a conditional voluntary general cash offer to all shareholders of Giant International in accordance with regulations, ult

[SMM Express] SHFE data showed that on May 21, the total registered cast aluminum alloy warrants stood at 39,042 mt, an increase of 641 mt from the previous trading day. By region, Shanghai registered 2,515 mt (unchanged), Guangdong 10,888 mt (up 460 mt), Jiangsu 7,532 mt (unchanged), Zhejiang 11,973 mt (up 31 mt), Chongqing 5,139 mt (up 150 mt), and Sichuan 995 mt (unchanged) from the previous trading day.