In recent years, securities industry mergers, acquisitions and restructuring have continued to heat up, and the pace of review has accelerated markedly. On August 27, the matter of CICC's share exchange to absorb Dongxing Securities and Cinda Securities was reviewed and approved by the Shanghai Stock Exchange M&A and Reorganization Review Committee. It was only 77 days from acceptance to the meeting, which became the latest footnote on the acceleration of the securities industry's merger, acquisition and restructuring review. Previously, it took 82 days for Guolian Securities to acquire Minsheng Securities, and only 18 days for Guotai Junan to absorb and merge Haitong Securities. A number of key projects are progressing rapidly, reflecting that the overall efficiency of securities industry mergers, acquisitions and restructuring reviews is at a high level with policy support. Analysts believe that under the policy direction of regulation to support leading brokerage firms to become better and stronger, and encourage mergers, acquisitions and restructuring in the brokerage industry, mergers, acquisitions and restructuring of the securities industry are no longer an occasional case; instead, they are showing a systemic acceleration trend, and the reshaping of the industry pattern is expected to accelerate.

In recent years, securities industry mergers, acquisitions and restructuring have continued to heat up, and the pace of review has accelerated markedly. On August 27, the matter of CICC's share exchange to absorb Dongxing Securities and Cinda Securities was reviewed and approved by the Shanghai Stock Exchange M&A and Reorganization Review Committee. It was only 77 days from acceptance to the meeting, which became the latest footnote on the acceleration of the securities industry's merger, acquisition and restructuring review. Previously, it took 82 days for Guolian Securities to acquire Minsheng Securities, and only 18 days for Guotai Junan to absorb and merge Haitong Securities. A number of key projects are progressing rapidly, reflecting that the overall efficiency of securities industry mergers, acquisitions and restructuring reviews is at a high level with policy support. Analysts believe that under the policy direction of regulation to support leading brokerage firms to become better and stronger, and encourage mergers, acquisitions and restructuring in the brokerage industry, mergers, acquisitions and restructuring of the securities industry are no longer an occasional case; instead, they are showing a systemic acceleration trend, and the reshaping of the industry pattern is expected to accelerate.