Chalco announced to have acquired equities of 3 subsidiaries of Zhongzhou Aluminum Company via open trade on Shanghai Assets and Equity Exchange involving a total value of CNY 30 million.
Through open bidding, Chalco acquired 100% stake of Zhongzhou Aluminum Construction Company, Hongrui Chemical and Xincheng Construction Company for CNY 14.43 million, CNY 12.2 million and CNY 3.37 million respectively.
(Sourced from China Mining)
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