近52亿！国信证券拟发行股份收购万和证券96.08%股份

Core Viewpoint - Guosen Securities is acquiring 96.08% of Wanhe Securities for a total consideration of 5.192 billion yuan, with the transaction aimed at leveraging the benefits of the Hainan Free Trade Port policy [1][2][3] Group 1: Transaction Details - Guosen Securities will issue 604 million shares at a price of 8.60 yuan per share to acquire the stake, resulting in a total transaction value of 5.192 billion yuan [1] - The valuation of 100% of Wanhe Securities is assessed at 5.404 billion yuan, with the acquisition price reflecting a 96.08% stake [1] - Post-transaction, Guosen Securities' total share capital will increase from 9.612 billion shares to 10.216 billion shares [1] Group 2: Company Background - Guosen Securities was established on June 30, 1994, with a registered capital of approximately 9.612 billion yuan, focusing on wealth management, investment banking, and asset management [2] - The company reported revenues of 23.818 billion yuan, 15.876 billion yuan, and 17.317 billion yuan for 2021 to 2023, with net profits of 10.115 billion yuan, 6.088 billion yuan, and 6.427 billion yuan respectively [2] Group 3: Strategic Implications - The acquisition is expected to enhance Guosen Securities' competitive position by integrating Wanhe Securities' resources and leveraging its presence in the Hainan Free Trade Port [3] - The transaction aligns with the current trend of consolidation in the securities industry, as the government encourages mergers and acquisitions among leading firms to boost competitiveness [3]