Orient Securities says Shanghai bourse accepts share-and-cash bid for Shanghai Securities stake

• Orient Securities plans to buy 100% of Shanghai Securities via an A-share issuance and cash, valuing the target at RMB 25.12 billion.
• The Shanghai Stock Exchange accepted the share-issuance acquisition application on Aug. 25, moving the deal into formal review.
• The filing updates the transaction report from the July 28 draft, mainly refreshing approvals status, counterparty information, and stock-trading checks.
• Consideration includes RMB 1.57 billion cash, with the balance paid in 2,288,629,735 new A-shares priced at RMB 10.29 each.
• Pro forma total assets rise to RMB 6.25 trillion as of March 31, 2026, from RMB 5.16 trillion pre-deal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orient Securities Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260826-12300873), on August 26, 2026, and is solely responsible for the information contained therein.