The acquisition of a controlling interest in Donghai Securities by Dongwu Securities is progressing in an orderly manner. According to Donghai Securities's announcement, recently, the China Securities Regulatory Commission accepted administrative license applications such as changing the company's controlling shareholder and actual controller, and changing the actual controller of the holding subsidiary Donghai Futures Co., Ltd. in accordance with the law, and issued the “China Securities Regulatory Commission Administrative License Application Acceptance Form”. According to the plan, Dongwu Securities plans to acquire 83.68% of Donghai Securities's shares through the issuance of shares and cash payment at a price of 11.519 billion yuan, pending review by the Shanghai Stock Exchange and approval by the Securities Regulatory Commission. All are approved before the transaction can be carried out.

The acquisition of a controlling interest in Donghai Securities by Dongwu Securities is progressing in an orderly manner. According to Donghai Securities's announcement, recently, the China Securities Regulatory Commission accepted administrative license applications such as changing the company's controlling shareholder and actual controller, and changing the actual controller of the holding subsidiary Donghai Futures Co., Ltd. in accordance with the law, and issued the “China Securities Regulatory Commission Administrative License Application Acceptance Form”. According to the plan, Dongwu Securities plans to acquire 83.68% of Donghai Securities's shares through the issuance of shares and cash payment at a price of 11.519 billion yuan, pending review by the Shanghai Stock Exchange and approval by the Securities Regulatory Commission. All are approved before the transaction can be carried out.