Investcorp, a leading global alternative investment firm, is pleased to announce its participation through the Golden Horizon Cooperation Fund (“the Platform”) as a cornerstone investor, in the $813 million Initial Public Offering (“IPO”) of China’s Chuangxin Industries Holdings Limited (“Chuangxin” or the “Company”) on the Hong Kong Stock Exchange (“HKEX”). Founded in 2012, Chuangxin is an integrated aluminum conglomerate with $2.1 billion in revenue and $666 million in EBITDA in 2024. The Company, which listed today on the Hong Kong Stock Exchange, comprises an alumina refinery in the Shandong Province ...