• CICC plans a share-swap absorption merger of Dongxing Securities and Cinda Securities, with both targets to delist and be deregistered.
• Exchange ratios set at 0.4376 CICC A shares per Dongxing A share, 0.5210 per Cinda A share.
• Implied swap prices: CICC A shares RMB 36.68; Dongxing RMB 16.05; Cinda RMB 19.11, reflecting dividend-related adjustments.
• Planned issuance totals 3,104,121,159 new CICC A shares, excluding potential impacts from dissenting-holder cash options and other adjustments.
• Post-deal, Central Huijin’s stake falls to 24.41%; China Cinda rises to 16.76%; China Orient and affiliates reach 8.05%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CICC - China International Capital Corporation Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260820-12293080), on August 20, 2026, and is solely responsible for the information contained therein.