Minfa Aluminium Industry: Terminate the establishment of a controlling subsidiary through external investment.

date
25/08/2025
Fujian Aluminum Industry Announcement: The company originally planned to jointly invest with Gansu Zhongsheng Aluminum Co., Ltd. to establish Gansu Fujian Aluminum Co., Ltd. with a registered capital of 5 million RMB, of which the company invested 3.5 million RMB and held 70% of its shares. However, due to comprehensive consideration of various factors, the company has decided to terminate the establishment of this subsidiary on August 22, 2025. As of the date of this announcement, Gansu Fujian has not yet completed the relevant industrial and commercial registration procedures, and the company has not actually invested, so terminating this external investment will not have any adverse impact on the company.