Yong Jie New Material Co., Ltd. (603271.SH) has announced a major asset acquisition plan, proposing to use cash payments to purchase the 100% equity interest in Alcoa Qinhuangdao and the 95% equity interest in Alcoa Kunshan held by Alcoa China. The industry and primary business of the target companies in this transaction are identical to those of the listed company; upon completion, the listed company's production capacity is expected to experience rapid and significant enhancement, with a substantial increase in economies of scale. The predecessor entities of the target companies were core manufacturing bases in China for Alcoa Corporation. As a pioneer in the global aluminum processing industry with over 130 years of history, Alcoa has long held a leading position in high-end aluminum processing technology. Its material technology for the aerospace and premium automotive sectors is globally advanced, making it a key supplier to giants like Boeing and Airbus. Following the completion of this transaction, it is anticipated to significantly elevate the listed company's industry standing, technological capabilities, and customer resources in the corresponding application fields, while also improving the product portfolio of the target companies. The listed company possesses strong production synergy capabilities and rapid customer service responsiveness, which can compensate for the target companies' relatively delayed business decisions and insufficient capacity utilization resulting from their execution of specific product series plans under Alcoa's global strategy, thereby effectively enhancing the profitability of the target companies.