Haitong Securities: Planning major asset restructuring, stock resumes trading.

Jinshi data October 9th news, Haitong Securities announced that the absorption and merger of this time will take the form of Guotai Junan absorbing and merging with Haitong Securities, namely Guotai Junan will issue A shares to all shareholders of Haitong Securities, and issue H shares to all shareholders of Haitong Securities, and intends to apply for the listing and circulation of the issued A shares on the Shanghai Stock Exchange, and intends to apply for the listing and circulation of the issued H shares on the Hong Kong Stock Exchange. The A shares and H shares of Haitong Securities will be correspondingly cancelled, and Haitong Securities will also be delisted; from the delivery date of this absorption and merger, the surviving company will succeed to and take over all the assets, liabilities, businesses, personnel, contracts, qualifications, and all other rights and obligations of Haitong Securities; after the delivery date, Guotai Junan will handle the industrial and commercial registration procedures related to changes in the company's name and registered capital, and Haitong Securities will cancel its legal person status. The merged company will adopt a new company name, and take a series of measures to establish a new corporate governance structure, management framework, development strategy, and corporate culture in accordance with the applicable laws and regulations and the specific circumstances of this merger. The company's A shares will resume trading from the market opening on October 10, 2024.