Dongxing Securities announced that CICC plans to absorb and merge Dongxing Securities and Cinda Securities by issuing A shares to the company and all A-share exchange shareholders of Cinda Securities. The company received an implementation letter from the review center on the transaction application issued by the Shanghai Stock Exchange on August 20, 2026. The Shanghai Stock Exchange requested the company to promptly submit a restructuring report. At present, the company, CICC, Cinda Securities and related intermediaries have submitted and disclosed documents such as restructuring reports as required. The transaction still needs to be approved before it can be implemented, and there is uncertainty about whether it can be implemented and when.

Dongxing Securities announced that CICC plans to absorb and merge Dongxing Securities and Cinda Securities by issuing A shares to the company and all A-share exchange shareholders of Cinda Securities. The company received an implementation letter from the review center on the transaction application issued by the Shanghai Stock Exchange on August 20, 2026. The Shanghai Stock Exchange requested the company to promptly submit a restructuring report. At present, the company, CICC, Cinda Securities and related intermediaries have submitted and disclosed documents such as restructuring reports as required. The transaction still needs to be approved before it can be implemented, and there is uncertainty about whether it can be implemented and when.