Yunnan Aluminium Co., Ltd. (SZSE:000807) agreed to acquire 11.01% stake in Yunnan Yunlü Haixin Aluminum Co., Ltd from Yiliang Chihong Mining Co., Ltd. for approximately CNY 140 million on February 26, 2019. The agreement is yet to be signed. For the year ended December 31, 2018, Yunnan Yunlü Haixin Aluminum Co., Ltd reported total assets of CNY 2.9 billion, net assets of CNY 1.2 billion, revenue of CNY 7.7 million, operating loss of CNY 1.5 million, and net profit of CNY 11.6 million. The transaction was approved by the Board of Yunnan Aluminium Co., Ltd. on February 26, 2019.