On September 8, China Aluminum Corporation announced that Yunluo Co., Ltd. had signed a transfer agreement with Qinghai Branch Company. The agreement involves Yunluo Co., Ltd. selling 100,000 tons of electrolytic aluminum capacity index, and Qinghai Branch Company purchasing it, with the target asset being evaluated at 602 million yuan.
This transaction is beneficial to Yunluo Co., Ltd. in terms of activating its idle electrolytic aluminum capacity index, and it can also meet the index requirements of Qinghai Branch Company for the construction of electrolytic aluminum projects, which helps the company optimize its industrial layout, enhance its overall competitiveness and profitability, and is in line with the overall interests of the company and shareholders.
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