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    Wepon to sell shares of two subsidiaries at 1.35 billion yuan

    2020-12-24 16:51:50   [Print]
    Wepon announced on December 24 that it plans to sell 100% equity of Dongliang Aluminum Co.Asian Metal Copyright and 51% equity of Huzhou Jiacheng Powder Coatings Co.Asian Metal Copyright Ltd.Asian Metal CopyrightWepon announced on December 24 that it plans to sell 100% equity of Dongliang Aluminum Co.Asian Metal Copyright and 51% equity of Huzhou Jiacheng Powder Coatings Co.Asian Metal Copyright .Asian Metal Copyright, Ltd.Asian Metal Copyright and 51% equity of Huzhou Jiacheng Powder Coatings Co.Asian Metal Copyright to Huzhou Wepon Investment Co, Ltd.Asian Metal Copyright After the deal closes, the company will spin off its aluminum-processing business, allowing it to focus on the pharmaceutical industry and further highlight its main business, Wepon said.Asian Metal Copyright by cash transaction.Asian Metal Copyright After the deal closes, the company will spin off its aluminum-processing business, allowing it to focus on the pharmaceutical industry and further highlight its main business, Wepon said.Asian Metal Copyright Through negotiation between the two parties, the transaction price of this sale of equity was determined to be 1.Asian Metal Copyright by cash transaction.Asian Metal Copyright35 billion yuan (207 million US dollars).

    After the deal closes, the company will spin off its aluminum-processing business, allowing it to focus on the pharmaceutical industry and further highlight its main business, Wepon said.

    .Asian Metal Copyright to Huzhou Wepon Investment Co, LtdAsian Metal Copyright
    Aluminum Alloy A356.2 Delivered China
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    Aluminum Alloy A356.2 Delivered China RMB/mt
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    China secondary aluminum alloy producers' inventory to production ratio statistics by province by month
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