There's Reason For Concern Over Shandong Hontron Aluminum Industry Holding Company Limited's (SZSE:002379) Massive 33% Price Jump

Simply Wall StDec 23 17:54 ET

Weiqiao Group's internal "snake swallowing elephant" Shandong Hontron Aluminum Industry Holding's major asset restructuring suspension | Read the announcement quickly.

① Weiqiao Group is putting on a show of "a snake swallowing an elephant" within the group; ② It plans to inject the relevant Aluminum Assets of CHINAHONGQIAO, with a net asset exceeding 47 billion yuan, into Shandong Hontron Aluminum Industry Holding, whose net assets are less than 2 billion.

cls.cnDec 23 09:55 ET

Shandong Hontron to Purchase Stake in Hongtuo Industrial

MT NewswiresDec 22 21:55 ET

CHINAHONGQIAO (01378.HK): Shandong Hontron Aluminum Industry Holding is planning to acquire all the shares of Hongtuo Industrial.

On December 23, Gelonghui reported that CHINAHONGQIAO (01378.HK) announced on December 20, 2024, that the company's indirect subsidiary ShanDong Weiqiao Aluminum Power Co., Ltd. ("Weiqiao Aluminum Power") signed a "Share Issuance Agreement to Purchase Assets" with the company's indirect subsidiary Shandong Hontron Aluminum Industry Holding Co., Ltd. (Hontron Holding (002379.SZ), in which the company indirectly Holds approximately 22.65% of the shares). Hontron Holding is planning to acquire all the equity of ShanDong Hongtuo Industrial Co., Ltd. ("Hongtuo Industrial") to issue new shares to the existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum Power.

Gelonghui FinanceDec 22 19:21 ET

The Three-year Returns Have Been Strong for Shandong Hontron Aluminum Industry Holding (SZSE:002379) Shareholders Despite Underlying Losses Increasing

Simply Wall StDec 16 20:01 ET

Shandong Hontron Aluminum Industry Holding (SZSE:002379) Has Debt But No Earnings; Should You Worry?

Simply Wall StNov 15 18:23 ET