Beijing Hualian Hypermarket Co.Ltd(600361) the reorganization draft was approved by the general meeting of shareholders. With innovative metal, press the “fast forward” key for transformation and development

On February 16, Beijing Hualian Hypermarket Co.Ltd(600361) issued the announcement of the resolution of the first extraordinary general meeting of shareholders in 2022, which said that all proposals, including the major asset restructuring plan of the company, were considered and passed through the combination of on-site voting and online voting.

According to the draft of major asset restructuring disclosed on Beijing Hualian Hypermarket Co.Ltd(600361) January 27, the company plans to sell all assets and liabilities to Beijing Hualian Group or its designated third party for 2.29 billion yuan, and plans to issue shares at the price of 3.44 yuan / share to acquire 100% equity of innovative metal, with a transaction price of 11.482 billion yuan.

According to the data, the innovative metal established in 2007 has a deep accumulation in the aluminum alloy industry and has obvious first mover advantages. It has formed a whole process system from alloying R & D, casting molding, homogenization heat treatment, extrusion deformation, deep machining and anodized surface treatment, and has mastered a variety of alloy brands Research, development and manufacturing capacity of aluminum alloys with different physical properties. With leading technology and technology, innovative metal has built a solid moat in the field of aluminum alloy R & D and manufacturing, which can meet the diversified and customized needs of downstream application fields, and has broad development prospects in the future. (Hou Lihong)

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