Orient Securities announced that the company plans to purchase 100% of the total shares of Shanghai Securities Co., Ltd. held by counterparties such as Bailian Group and Cathay Pacific Haitong by issuing A-shares and paying cash. The total consideration for the transaction is 25.120 billion yuan. Of this amount, cash consideration of 1,570 billion yuan was paid to Cathay Pacific Haitong, and the rest of the consideration was paid by issuing shares. This transaction constitutes a related transaction, does not constitute a major asset restructuring or restructuring listing, and there are no performance compensation or impairment compensation commitments. As of March 31, 2026, the assessed value of the total equity of Shanghai Securities shareholders was 25.120 billion yuan, an increase of 24.85% over book value. Matters related to this transaction are still subject to approval, approval or registration by the relevant approval authorities.

Orient Securities announced that the company plans to purchase 100% of the total shares of Shanghai Securities Co., Ltd. held by counterparties such as Bailian Group and Cathay Pacific Haitong by issuing A-shares and paying cash. The total consideration for the transaction is 25.120 billion yuan. Of this amount, cash consideration of 1,570 billion yuan was paid to Cathay Pacific Haitong, and the rest of the consideration was paid by issuing shares. This transaction constitutes a related transaction, does not constitute a major asset restructuring or restructuring listing, and there are no performance compensation or impairment compensation commitments. As of March 31, 2026, the assessed value of the total equity of Shanghai Securities shareholders was 25.120 billion yuan, an increase of 24.85% over book value. Matters related to this transaction are still subject to approval, approval or registration by the relevant approval authorities.