Guohai Securities announced that, according to the announcement issued by the JD auction platform, the transferor is scheduled to jointly auction a total of 1,703 billion shares or share interests held by Chase Securities on the JD auction platform from 14:00 on July 16 to 14:00 on July 17. The assessed value of the subject matter of the auction is 4.329 billion yuan, and the starting price is 3.2 billion yuan. The company intends to participate in the bid for shares and share interests in Chase Securities. This bid is an open bid. There is some uncertainty about the bid results, and there is a risk that the bid will not succeed. If the company's bid is unsuccessful, it will not have a significant impact on the company's current business, future financial position, and operating results. If the bid is successful, the company will take control of Chase Securities.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.