Securities Code: 002379 Securities Abbreviation: Hongqiao Holdings Announcement No.: 2026-029
Shandong Hongqiao Aluminum Holdings Co., Ltd. Announcement on Asset Impairment Test for Major Asset Restructuring
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and contains no false representations, misleading statements, or material omissions.
In accordance with the "Administrative Measures for Major Asset Restructuring of Listed Companies" and other relevant regulations, Shandong Hongqiao Aluminum Holdings Co., Ltd. (formerly Shandong Hongchao Aluminum Holdings Co., Ltd., hereinafter referred to as the "Company") held the second meeting of the seventh Board of Directors on March 19, 2026, and reviewed and approved the "Proposal on the Asset Impairment Test for Major Asset Restructuring." The details are as follows:
I. Basic Situation of the Major Asset Restructuring
The Company, through the issuance of shares, purchased 100% equity of Shandong Hongtuo Industrial Co., Ltd. (hereinafter referred to as the "Target Company") held by Shandong Weiqiao Aluminum Power Co., Ltd. (hereinafter referred to as "Weiqiao Aluminum Power") and eight other counterparties (hereinafter referred to as the "Transaction" or "Restructuring").