Guiguan Electric Power to sell primary aluminum assets at list price of RMB80.20 million
2017-12-15 17:36:04 [Print]
Guangxi Guiguan Electric Power announced on late December 13th that it plans to make an public listing transfer of 27.59% share of Yinhai Aluminum on Shanghai United Assets and Equity Exchange (SUAEE) with listing price of RMB RMB80.20 million.
With a registered capital of RMB849 million, Yinhai Aluminum has a capacity of 200,000tpy of primary aluminum and mainly produces aluminum ingots for remelting, aluminum busbar and aluminum alloy bar. As of November 30, 2017, Yinhai Aluminum has had a total asset value of RMB147.6 million, total liabilities of RMB137.6 million, total net asset value of RMB99.9051 million and a asset-liability ratio of up to 93.23%.
With a registered capital of RMB849 million, Yinhai Aluminum has a capacity of 200,000tpy of primary aluminum and mainly produces aluminum ingots for remelting, aluminum busbar and aluminum alloy bar. As of November 30, 2017, Yinhai Aluminum has had a total asset value of RMB147.6 million, total liabilities of RMB137.6 million, total net asset value of RMB99.9051 million and a asset-liability ratio of up to 93.23%.
Aluminum Fluoride 61%min FOB China
Unit:USD/mt
China aluminum fluoride producers' inventory statistics by province by month
Unit: mt
