智通财经APP讯，中金公司(03908)公布，于2025年11月19日，该公司、东兴证券(601198.SH)及信达证 券(601059.SH)(连同东兴证券合称"A股标的公司")签订一份具法律约束力的合作协议，以吸收合并及换 股方式进行合并，该公司(作为存续实体)将向A股标的公司在上交所上市的A股的持有人发行在上交所 上市的A股。拟议合并需提呈交易方各自的董事会、股东会审议，并经有权监管机构批准后方可正式实 施。 此外，公司在上交所上市的A股(股份代号：601995.SH)将于2025年11月20日上午开市时起暂停买卖，而 公司相关A股公告列明，预计暂停买卖时间不超过25个A股交易日。 公司在联交所上市的H股及票据将 暂停买卖，以待与有权监管机构确认拟议合并适用的合规要求，及待公司根据《香港联合交易所有限公 司证券上市规则》刊发一份载有公司内幕消息的公告。 ...

Core Viewpoint - The announcement indicates that the company is planning a share swap merger with Dongxing Securities and Cinda Securities, which involves significant complexities and uncertainties [1] Group 1: Merger Details - The company will issue A-shares to all A-share shareholders of Dongxing Securities and Cinda Securities as part of the merger [1] - The merger is classified as a significant restructuring event, involving both A and H share listed companies [1] Group 2: Stock Suspension - To ensure fair information disclosure and protect investor interests, the company's A-shares will be suspended from trading starting November 20, 2025 [1] - The suspension is expected to last no more than 25 trading days, as per the regulations of the Shanghai Stock Exchange [1] Group 3: Compliance and Disclosure - During the suspension period, the company will actively advance the necessary work and comply with legal disclosure obligations [1] - The company will issue timely announcements regarding the progress of the merger and will apply for stock resumption once the relevant matters are confirmed [1]

Core Viewpoint - The announcement of a major asset restructuring plan involving China International Capital Corporation (CICC), Dongxing Securities, and Cinda Securities aims to create a leading investment bank and support the high-quality development of the securities industry [1][4]. Group 1: Restructuring Details - CICC plans to absorb Dongxing Securities and Cinda Securities through a share exchange, issuing A-shares to all shareholders of both companies [1]. - The restructuring is expected to enhance resource integration, achieve economies of scale, and improve shareholder returns [4]. Group 2: Financial Performance - For the first three quarters of 2025, CICC reported revenues of 20.76 billion yuan, a year-on-year increase of approximately 54%, and a net profit of 6.57 billion yuan, up 130% [4]. - Dongxing Securities achieved revenues of 3.61 billion yuan and a net profit of 1.6 billion yuan, reflecting a 70% increase year-on-year [5]. - Cinda Securities reported total revenues of 3.02 billion yuan and a net profit of 1.35 billion yuan, with a year-on-year growth of 28% [5]. Group 3: Strategic Context - The restructuring aligns with the 2023 Central Financial Work Conference and the new "National Nine Articles," which emphasize the cultivation of leading investment banks and institutions [4]. - The goal is to develop 2-3 internationally competitive investment banks by 2035, contributing to China's modernization and financial strength [4].

2025年11月19日，公司与东兴证券、信达证券签署《合作协议》，就本次重组作出若干原则性约定。根 据《合作协议》，公司将通过向东兴证券全体A股换股股东以及信达证券全体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。 中金公司表示，截至目前，本次重组的具体合作方案以三方进一步签署的交易文件为准。本次重组尚需 履行必要的内部决策程序，并需经有权监管机构批准后方可正式实施，能否实施尚存在不确定性。 东兴证券（601198.SH）、信达证券（601059.SH）今晚也同时发布了关于筹划重大资产重组的停牌公 告。东兴证券公告称，公司A股股票（证券简称：东兴证券，证券代码：601198）将于2025年11月20日 （星期四）开市时起开始停牌。信达证券公告称，公司A股股票（证券简称：信达证券，证券代码： 601059）将于2025年11月20日（星期四）开市时起开始停牌。 中国经济网北京11月19日讯 中金公司（601995）(601995.SH)今晚发布关于筹划重大资产重组的停牌公 告称，公司与东兴证券（601198）股份有限公司（以下简称"东兴证券"）、信达证券（601059）股份有 限公司（以下简称 ...

Group 1 - The core point of the article is that China International Capital Corporation (CICC) is planning a share swap merger with Dongxing Securities and Cinda Securities, which involves issuing A-shares to the shareholders of both companies [1][3] - CICC announced that its A-shares will be suspended from trading starting November 20, 2025, due to the significant uncertainties surrounding the merger [1][3] - The merger aims to accelerate the establishment of a first-class investment bank and support the high-quality development of the securities industry, leveraging the combined resources and capabilities of the involved parties [3] Group 2 - CICC's latest market capitalization is approximately 168.4 billion yuan, while Cinda Securities and Dongxing Securities have market capitalizations of about 57.7 billion yuan and 42.4 billion yuan, respectively [3][5][8] - The merger requires approval from the boards and shareholders of all three companies, as well as regulatory authorities, before it can be officially implemented [3] - The actual controller of all three companies is Central Huijin Investment Ltd., which has recently been approved by the China Securities Regulatory Commission to control multiple financial institutions [10][11]

Core Viewpoint - CICC is planning a significant restructuring involving the merger with Dongxing Securities and Xinda Securities through a share exchange, aiming to enhance its position as a leading investment bank and support the high-quality development of the financial market [1][2][4]. Group 1: Restructuring Details - CICC, Dongxing Securities, and Xinda Securities have signed a cooperation agreement regarding the restructuring, which requires approval from their respective boards and regulatory authorities before implementation [2][4]. - The restructuring will involve the issuance of A-shares to the shareholders of Dongxing and Xinda Securities, leading to a complex merger process [1][2]. - CICC's A-shares will be suspended from trading starting November 20, 2025, for a period not exceeding 25 trading days due to the uncertainties surrounding the restructuring [1][2][4]. Group 2: Financial Performance - For the first three quarters, CICC reported a revenue of 20.761 billion yuan, a year-on-year increase of 54.36%, and a net profit attributable to shareholders of 6.567 billion yuan, up 129.75% [7]. - Dongxing Securities achieved a revenue of 3.610 billion yuan, reflecting a 20.25% increase, with a net profit of 1.599 billion yuan, up 69.56% [7]. - Xinda Securities reported a revenue of 3.019 billion yuan, a 28.46% increase, and a net profit of 1.354 billion yuan, up 52.89% [7]. Group 3: Market Capitalization - As of November 19, 2025, CICC's A-share price was 34.89 yuan, with a total market capitalization of 168.4 billion yuan [7]. - Dongxing Securities' share price was 13.13 yuan, resulting in a market capitalization of 42.442 billion yuan [7]. - Xinda Securities had a share price of 17.79 yuan, leading to a market capitalization of 57.693 billion yuan [7].

Core Viewpoint - CICC is planning a major asset restructuring by merging with Dongxing Securities and Cinda Securities through a share swap, aiming to enhance its capabilities and support the high-quality development of the financial market [1][5]. Group 1: Restructuring Details - CICC, Dongxing Securities, and Cinda Securities announced a suspension of trading as they plan a share swap merger, with CICC issuing A-shares to the shareholders of both companies [1][5]. - The restructuring is expected to create a combined asset scale of approximately 1,009.58 billion yuan, with CICC's total assets at 764.94 billion yuan, Cinda Securities at 128.25 billion yuan, and Dongxing Securities at 116.39 billion yuan [4][5]. Group 2: Strategic Benefits - The merger aims to accelerate the establishment of a first-class investment bank and support the reform of the financial market, leveraging the complementary strengths of the three companies to achieve economies of scale and synergies [4][6]. - CICC's business advantages will complement the resources and networks of Dongxing and Cinda, enhancing comprehensive financial services for a broader client base [5][6]. Group 3: Financial Performance - For the first three quarters of 2025, CICC reported a revenue of 20.76 billion yuan, a year-on-year increase of approximately 54%, and a net profit of 6.57 billion yuan, up 130% [7]. - Dongxing Securities achieved a revenue of 3.61 billion yuan and a net profit of 1.60 billion yuan, reflecting a 70% increase year-on-year [7]. - Cinda Securities reported a total revenue of 3.02 billion yuan and a net profit of 1.35 billion yuan, with a year-on-year growth of 28% and 53% respectively [8]. Group 4: Industry Context - The trend of mergers and acquisitions in the securities industry has accelerated, with several notable mergers completed or in progress, driven by policy support for enhancing core competitiveness [9][10]. - The integration of resources through mergers is seen as beneficial for improving competitive positions within the industry and promoting supply-side reforms [9][10].

登录新浪财经APP 搜索【信披】查看更多考评等级 三家公司均称，鉴于上述事项存在重大不确定性，为保证公平信息披露，维护投资者利益，避免造成公司股价异常波动，A股股票将于2025年11月20日（星 期四）开市时起开始停牌。 每日经济新闻综合公开消息 每经编辑｜黄胜 封面图片来源：图片来源：每经原创 11月19日晚，中金公司、东兴证券、信达证券三家A股上市券商集体公告表示，三家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。 图片来源：每经原创 以2025年三季报数据为准，前三季度，中金公司实现营业收入207.61亿元，同比增长54.36%；实现归母净利润65.67亿元，同比增长129.75%；截至三季度 末，中金公司资产总额为7649.41亿元，归属于上市公司股东的所有者权益为1155.01亿元。 东兴证券前三季度实现营收36.10亿元，同比增长20.25%；归母净利润15.99亿元，同比增长69.56%。截至三季度末，东兴证券资产总额为1163.91亿元，归属 于上市公司股东的所有者权益为295.92亿元。 信达证 ...

【#北京首例头部券商合并重组#！#中金拟吸收合并东兴证券信达证券# 】11月19日，中金公司公告 称，与东兴证券、信达证券正在筹划由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（以下简称"本次重组"）。 公告还提到，鉴于上述事项存在重大不确定性，为保证公平信息披露，维护投资者利益，避免造成公司 股价异常波动，根据上海证券交易所的相关规定，经中金公司申请，公司A股股票将于11月20日（星期 四）开市时起开始停牌。本次重组涉及到A+H股两地上市公司同时吸收合并两家A股上市公司，涉及事 项较多、流程较为复杂，根据上海证券交易所的相关规定，预计停牌时间不超过25个交易日。同日，信 达证券、东兴证券也分别公告称，公司A股股票将自11月20日起停牌，预计停牌时间不超过25个交易 日。（北京商报记者 李海媛） 图片来源:公告裁图 8月14日，中国证监会核准西部证券成为国融证券 主要股东,核准陕西投资集团有限公司成为国融证券、 国融基金、首创期货实际控制人。 2月7日,中国证监会核准原国盛金融控股集团股 份有限公司 (以下简称"国盛金控") 吸收 ...

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 於2027年到期的700,000,000美元浮動利率票據 （股份代號：4310） 於2025年到期的650,000,000美元利率為5.42厘的票據 （股份代號：5619） 03908 於2027年到期的500,000,000美元利率為5.012厘的票據 （股份代號：4309） 應中國國際金融股份有限公司（「本公司」）要求，(i)本公司H股及(ii)均由CICC Hong Kong Finance 2016 MTN Limited發行並由中國國際金融（國際）有限公司擔保及受益於本公司提 供之維好契據的六支票據，包括於2027年到期的500,000,000美元利率為5.012厘的票據（股 份代號：4309）、於2027年到期的700,000,000美元浮動利率票據（股份代號：4310）、於 2025年到期的65 ...