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.

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.