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Orient Securities announced that the company plans to purchase 100% of Shanghai Securities Co., Ltd.'s shares by issuing A-shares and paying cash. According to the announcement of the mergers, acquisitions and restructuring review committee of the Shanghai Stock Exchange, the committee is scheduled to hold the 20th review meeting in 2026 on October 29, 2026 to review the company's application for this transaction. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange, and can only be officially implemented after approval, approval, and registration by the China Securities Regulatory Commission and other relevant authorities. There is uncertainty about whether the relevant approval can be obtained and when it will be obtained.
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Orient Securities announced that the company plans to purchase 100% of the shares of Shanghai Securities Co., Ltd. by issuing A-shares and paying cash. According to the announcement of the mergers, acquisitions and restructuring review committee of the Shanghai Stock Exchange, the committee is scheduled to hold the 20th review meeting in 2026 on October 29, 2026 to review the company's application for this transaction. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange, and can only be officially implemented after approval, approval, and registration by the China Securities Regulatory Commission and other relevant authorities. There is uncertainty about whether the relevant approval can be obtained and when it will be obtained.
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