香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 China International Capital Corporation Limited 中 國 國 際 金 融 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：03908） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列中國國際金融股份有限公司（「本公司」）在上海證券交易所網站刊登的以下公告， 僅供參閱。 - 1 - 1. 本公司第三屆董事會第十三次會議決議公告 2. 本公司關於暫不召開股東會審議本次交易相關事宜的公告 3. 本公司關於停牌前一個交易日前十大股東和前十大流通股東持股情況的公告 4. 本公司關於披露重大資產重組預案的一般風險提示暨公司股票復牌的公告 5. 本公司關於股東權益變動的提示性公告 6. 本公司第三屆董事會獨立董事專門會議2025年第四次會議審核意見 7. 中國國際金融股份有限公司換股吸收合併東興 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 China International Capital Corporation Limited 中 國 國 際 金 融 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：03908） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列中國國際金融股份有限公司（「本公司」）在上海證券交易所網站刊登的本公司第三 屆董事會第十二次會議決議公告，僅供參閱。 承董事會命 中國國際金融股份有限公司 董事會秘書 孫男 中國，北京 2025年12月17日 於本公告日期，本公司執行董事為陳亮先生及王曙光先生；非執行董事為張薇女士、 孔令岩先生及田汀女士；以及獨立非執行董事為吳港平先生、陸正飛先生、彼得•諾蘭先 生及周禹先生。 （一）《关于子公司参与出资设立基金的议案》 表决结果：9 票赞成，0 票反对，0 票弃权。 （二）《关于推进集团内期货子公司整 ...

Core Viewpoint - The merger between CICC and Dongxing Securities and Cinda Securities represents a significant step towards creating a leading investment bank in China, enhancing CICC's asset scale and competitive strength in the financial sector [1][5][7] Group 1: Merger Details - CICC announced a major asset restructuring plan to absorb Dongxing Securities and Cinda Securities, with trading resuming on December 18, 2025 [1] - The merger will result in CICC's total assets exceeding 1 trillion yuan, positioning it among the top firms in the industry [1] - The share exchange ratios are set at 1:0.4373 for Dongxing Securities and 1:0.5188 for Cinda Securities, with CICC expected to issue approximately 3.096 billion new A-shares [2] Group 2: Strategic Synergies - The merger aims to create a "1+1+1>3" synergy, enhancing resource integration and capital strength, leading to a comprehensive service system covering various market segments [3] - CICC's strengths in investment banking and private equity will complement Dongxing and Cinda's regional and retail client bases, allowing for efficient resource allocation [3] Group 3: Financial Resilience and Performance - The combined entity is expected to strengthen its financial structure and improve operational stability through enhanced retail and capital business [4] - The merger will optimize capital allocation and profitability, moving beyond traditional self-operated and financing businesses [4] Group 4: Policy Alignment and Strategic Goals - The restructuring aligns with national goals to build a strong financial sector and enhance core competitiveness through mergers and acquisitions [5] - CICC aims to leverage its enhanced capabilities to support national strategic initiatives and contribute to the high-quality development of the securities industry [5][6]

Market Overview - The A-share market saw all three major indices rise, with the Shanghai Composite Index increasing by 1.19% to close at 3870.28 points, the Shenzhen Component Index rising by 2.40% to 13224.51 points, and the ChiNext Index up by 3.39% to 3175.91 points. The total trading volume in the Shanghai and Shenzhen markets reached 1.811 trillion yuan, an increase of 87 billion yuan compared to the previous day [3]. Key Drivers - The brokerage sector played a crucial role in reversing market trends, with a significant rally starting at 1:38 PM, which helped the Shanghai Composite Index avoid breaking below the 3800-point mark. This rally not only pushed the index to its daily high but also boosted market sentiment, leading to a shift in the ratio of rising to falling stocks from 2:1 in favor of declines at midday to a majority of stocks closing higher [4]. - Notable performances included CITIC Securities, which saw a peak increase of 2.38%, and Huatai Securities, which closed up approximately 6%. The overall brokerage sector index rose by 1.32% [4]. Market Sentiment and Speculation - The surge in the brokerage sector is attributed to the anticipated resumption of trading for China International Capital Corporation (CICC), which recently integrated Dongxing Securities and Cinda Securities. This has sparked market speculation regarding potential restructuring within the brokerage industry, generating positive sentiment [4]. - There were rumors of the China Securities Finance Corporation potentially re-entering the market, which, despite being unverified, contributed to the widespread optimism in the brokerage sector [5]. Sector Performance - In terms of sector performance, apart from the optical module sector, non-ferrous metals and insurance sectors showed strong gains, while consumer sectors experienced significant pullbacks. Aerospace and shipbuilding sectors also underperformed [6]. - The listing of Muxi Co., Ltd. at an opening price of 700 yuan per share, which peaked at 895 yuan and closed at 829.9 yuan, resulted in a substantial profit for investors, raising concerns about the sustainability of such extreme market conditions [6]. Broader Market Impact - The strong rebound in A-shares positively influenced the Hang Seng Index, which rose by 0.9%, and the Hang Seng Technology Index, which increased by 1.03%. However, it remains uncertain whether the market has reached a bottom, indicating that further adjustments may be necessary [6].

（原标题：中金公司吸收合并东兴证券、信达证券预案出炉 明日复牌） 12月17日晚间，中金公司与东兴证券、信达证券同步披露重大资产重组预案，并拟于18日复牌。 根据重组预案，本次交易定价以各方董事会决议公告日前20个交易日均价作为基准价格，吸收合并方中 金公司作为存续主体，换股价格为36.91元/股，被吸收合并方东兴证券换股价格为16.14元/股，较基准 价格溢价26%，信达证券换股价格为19.15元/股。根据上述价格，东兴证券、信达证券与中金公司A股 的换股比例分别为1:0.4373、1:0.5188。 ...

Core Viewpoint - The merger of China International Capital Corporation (CICC) with Dongxing Securities and Cinda Securities represents a significant step towards creating a leading investment bank with over 1 trillion yuan in total assets and enhanced competitive capabilities in line with national financial strategies [1][5][7] Group 1: Merger Details - The merger involves a share swap where CICC will absorb Dongxing Securities and Cinda Securities, with share prices set at 36.91 yuan, 16.14 yuan, and 19.15 yuan respectively, reflecting the asset values of the companies [1] - CICC is expected to issue approximately 3.096 billion new A-shares as part of the merger process [1] Group 2: Investor Protections - Minority shareholders of CICC's A-shares and H-shares can exercise their right to request buyouts, while dissenting shareholders of Dongxing and Cinda Securities have the option for cash [2] - Major shareholders, including Central Huijin and China Orient, have committed to lock their shares for 36 months, indicating confidence in the long-term development post-merger [2] Group 3: Strategic Synergies - The merger aims to create a synergistic effect where the combined entity will enhance its service capabilities across various sectors, including institutional and retail, and improve resilience against market fluctuations [3][4] - CICC's strengths in investment banking and private equity will complement Dongxing and Cinda's regional presence and retail client base, leading to efficient resource allocation [3] Group 4: Financial Resilience and Performance - The merger is expected to strengthen the financial structure of the combined company, enhancing its ability to withstand economic cycles and improve operational performance [4] - Capital efficiency is anticipated to increase, allowing for a more competitive return on capital through diversified business operations [4] Group 5: Policy Alignment and Strategic Goals - The merger aligns with national policies aimed at building a strong financial sector and enhancing the core competitiveness of leading institutions through consolidation [5][6] - CICC aims to leverage its enhanced capabilities to support national strategic initiatives, particularly in underdeveloped markets and key sectors [5][6][7]

通过资源整合实现行业资源的优化配置、强化头部机构能力建设，是我国证券业高质量发展、提升在全 球资本市场话语权和影响力的重要趋势。经过三十年的发展，中金公司积累了在专业能力、客户资源、 品牌影响力及国际化人才队伍等方面的核心竞争力，为高质量发展夯实了基础;同时，为更好地发挥公 司在上述方面的整体效能，增强综合金融服务与风险抵御能力，公司亟需构建与的相匹配的资本金实 力，夯实一流投资银行的重要发展支撑。 通过拟议合并整合，存续公司将增强资源整合能力，发挥规模效应，强化客户覆盖、区域布局和资源协 同，并可更好地运用资本金支持重要战略布局和重点业务开拓，提升行业竞争力与市场引领力，加快实 现打造具有国际竞争力的一流投资银行的战略目标。 拟议合并将由中金公司采取以下方式实现吸收合并： 按东兴换股比例向全体东兴A股持有人发行中金A 股，以换取东兴证券全部已发行股份：每股东兴A股可换取0.4373股中金A股 ;按信达换股比例向全体信 达A股持有人发行中金A股，以换取信达证券全部已发行股份：每股信达A股可换取0.5188股中金A股。 假设拟议合并成为无条件以及中金公司、东兴证券及信达证券的股本架构于紧接换股前并无其他变动及 ...

MACD金叉信号形成，这些股涨势不错！ 12月17日，信达证券在上海证券交易所发布公告，公司与中国国际金融股份有限公司、东兴证券股份有 限公司正在筹划由中金公司通过向东兴证券全体A股换股股东发行A股股票、向信达证券全体A股换股 股东发行A股股票的方式换股吸收合并东兴证券、信达证券。公司于2025年12月17日召开第六届董事会 第十九次会议，审议通过了《关于<中国国际金融股份有限公司换股吸收合并东兴证券股份有限公司、 信达证券股份有限公司预案>及其摘要的议案》等与本次交易相关的议案。经向上海证券交易所申请， 公司A股股票将于2025年12月18日开市起复牌。本次交易相关的审计等工作尚未完成，公司董事会决定 暂不召集股东会审议本次交易相关事项。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ ...

中国国际金融股份有限公司 简式权益变动报告书 信息披露义务人：中国信达资产管理股份有限公司 住所及通讯地址：北京市西城区闹市口大街 9 号院 1 号楼 股权权益变动性质：中金公司换股吸收合并东兴证券、信达证券，信息披露 义务人持有股份比例发生变动。 签署日期：二〇二五年十二月十七日 上市公司：中国国际金融股份有限公司 上市地点：上海证券交易所、香港联合交易所有限公司 股票简称：中金公司 股票代码：601995（A 股）、03908（H 股） 信息披露义务人声明 一、本报告书系依据《中华人民共和国证券法》《上市公司收购管理办法》 《公开发行证券的公司信息披露内容与格式准则第 15 号——权益变动报告书》 等相关法律、法规和规范性文件编制。 二、截至本报告书签署日，信息披露义务人签署本报告书已获得必要的授权 和批准，其履行亦不违反其章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行 证券的公司信息披露内容与格式准则第 15 号——权益变动报告书》的规定，本 报告书已全面披露了信息披露义务人因本次交易在中国国际金融股份有限公司 中拥有权益的股份变动情况。 ...

| 证券代码：601995 | 证券简称：中金公司 | 上市地点：上海证券交易所 | | --- | --- | --- | | 证券代码：03908 | 证券简称：中金公司 | 上市地点：香港联合交易所 | | 证券代码：601198 | 证券简称：东兴证券 | 上市地点：上海证券交易所 | | 证券代码：601059 | 证券简称：信达证券 | 上市地点：上海证券交易所 | 中国国际金融股份有限公司 换股吸收合并东兴证券股份有限公司、 信达证券股份有限公司 预案 吸并方 被吸并方 中国国际金融股份有限公司 东兴证券股份有限公司 信达证券股份有限公司 北京市朝阳区建国门外大街1号 国贸大厦2座27层及28层 北京市西城区金融大街5号 （新盛大厦）12、15层 北京市西城区宣武门 西大街甲127号1幢5层 吸并方独立财务顾问 被吸并方独立财务顾问 二〇二五年十二月 | | | | 四、主营业务发展情况和主要财务数据 68 | | --- | | 一、中金公司全体董事、高级管理人员声明 120 | | --- | 中国国际金融股份有限公司换股吸收合并东兴证券股份有限公司、信达证券股份有限公司预案 | 二、东兴证 ...