InterChina Partners, one of leading investment banking advisory firms based in China, is pleased to announce that it advised ALS Limited (ASX: ALQ) in the successful sale of its China Geochemical business to Centre Testing International Group Co., Ltd. (CTI, SZSE: 300012), a leading Chinese third-party testing, inspection, and certification (TIC) provider. The transaction was closed in May 2025

About ALS:  Headquartered in Brisbane, Australia, ALS (ASX: ALQ) is a global leader in testing, inspection, certification, and verification, operating across 65 countries. Its Geochemical division provides critical analytical services to the mining and exploration industry.

About CTI:  Listed on the Shenzhen Stock Exchange (300012.SZ), CTI is a comprehensive TIC service provider with over 100 labs worldwide, serving industries from consumer goods to environmental protection. CTI is among the leading Chinese TIC with expanded global capabilities

InterChina’s deal team is lead by Barry Chen, Partner in Charge, and Kaitlyn Lu, Director, other deal team members include Peishan Wang, and Winnie Zhuang.

“We are delighted to have supported ALS in this transaction. This exemplifies ALS’s forward looking strategy in actively optimizing its portfolio in a highly competitive environment to enhance shareholders’ returns. This transaction also underscores the growing convergence of global and Chinese TIC capabilities. ALS China’s geochemical expertise is a perfect fit for CTI’s ambition to expand into the mineral testing sector. We’re proud to have delivered a tailored solution that met both parties’ strategic objectives”, said Barry Chen.

InterChina served as ALS’s exclusive sale-side advisor and provided full sale-side investment banking services; pre-sale evaluation; preparation of information memorandum; solicit interest; negotiating bids; preparation of data room; support due diligence; general process management and definitive agreement negotiation and closing.