Orient Securities announced that on August 7, 2026, the company received an approval letter from the Shanghai State-owned Assets Administration Commission and agreed in principle to the proposed transaction plan, which is to purchase 100% of Shanghai Securities shares based on special authorization to issue A-shares and pay cash. In addition to approval by the Shanghai State-owned Assets Administration Commission and the seller's compliance with internal decision-making procedures, the conditions for the entry into force of the formal agreement have not yet been met, and the company will issue further announcements in due course.

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