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China Financial Corporation (601995.SH): Planning to absorb and merge Dongxing Securities and Cinda Securities to resume trading tomorrow

Zhitongcaijing·12/17/2025 09:57:02
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According to the Zhitong Finance App, CICC (601995.SH) announced that the company, Dongxing Securities and Cinda Securities are planning to absorb and merge Dongxing Securities and Cinda Securities through a share exchange. Trading of the company's A-share shares was suspended from November 20, 2025, and trading resumed on December 18, 2025 when the market opened. The transaction plan still requires the company to hold a separate meeting of the board of directors to review and approve it, and obtain corresponding approval, approval, registration or consent before the company can be implemented.

CICC's A share exchange price is 36.91 yuan/share, Dongxing Securities's A share exchange price is 16.14 yuan/share, and Cinda Securities's A share exchange price is 19.15 yuan/share. According to the above formula, the share exchange ratio between Dongxing Securities and CICC is 1:0.4373, that is, every 1 shareholder of Xing Securities A shares can be exchanged for 0.4373 CCC A shares; the share exchange ratio between Cinda Securities and CICC is 1:0.518 8, that is, every 1 Cinda Securities A share can be exchanged for 0.5188 CICC A-shares.