Yunnan Yunlü Haixin Aluminum Co., Ltd announced a private placement of common shares for gross proceeds of CNY 2,550,000,000 on November 17, 2018. The transaction will include participation from returning investors, Yunnan Aluminium Co., Ltd. (SZSE:000807) for CNY 1,900,000,000 and Zhaotong City Construction Investment Development Co., Ltd. for CNY 650,000,000. The investors participated as per their current shareholding in the company. The company reported total assets of CNY 1,819,957,700, total common equity of CNY 606,662,100, revenue of CNY 1,702,100, and net income of CNY -724,000 for the year ended December 31, 2017.