Cinda Securities announced that CICC plans to absorb and merge the two companies by issuing A shares to all of its A-share exchange shareholders with Dongxing Securities. The transaction was reviewed and approved by the Shanghai Stock Exchange M&A and Reorganization Review Committee at its 17th review meeting in 2026, and complies with the restructuring conditions and information disclosure requirements. The company has made additional revisions to the restructuring report based on the review and approval status, and disclosed the restructuring report. The revisions covered aspects such as the progress of the profit distribution plan, transaction approval procedures, financial indicators, and risk reminders.

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.