Guosen Securities(SZ:002736) Zheng Quan Zhi Xing·2025-06-23 12:53Core Viewpoint - Guosen Securities Co., Ltd. plans to issue shares to acquire the equity of Wanhe Securities Co., Ltd. held by Shenzhen Capital Operation Group Co., Ltd. and other shareholders, with an asset valuation report prepared by Zhonglian Asset Appraisal Group Co., Ltd. [4][5][24] Group 1: Company Overview - Guosen Securities is a listed company with a registered capital of 961,242.9377 million RMB, established on June 30, 1994, and located in Shenzhen [10]. - Shenzhen Capital Operation Group Co., Ltd. is a limited liability company with a registered capital of 1,552,000.00 million RMB, established on June 22, 2007, and located in Shenzhen [10]. - Wanhe Securities Co., Ltd. is a non-listed company with a registered capital of 227,299.771 million RMB, established on January 18, 2002, and located in Haikou [11]. Group 2: Valuation Details - The valuation of Wanhe Securities' equity was conducted as of November 30, 2024, using market value as the valuation type [6]. - The assessed market value of Wanhe Securities' equity is 22,996.3 million RMB, reflecting a growth rate of 0.42% compared to the book value of the consolidated financial statements [6][17]. Group 3: Financial Performance - As of November 30, 2024, Wanhe Securities' consolidated total assets amounted to 540,615.71 million RMB, with a net profit of 2,920.46 million RMB for the period from January to November 2024 [17][19]. - The financial status of Wanhe Securities shows total assets of 1,155,003.10 million RMB and liabilities of 611,436.53 million RMB as of November 30, 2024 [19]. Group 4: Strategic Context - The acquisition is part of a broader trend towards consolidation in the financial industry, driven by recent regulatory changes from the State Council and the China Securities Regulatory Commission [24]. - The transaction aims to enhance the operational capabilities of both Guosen Securities and Wanhe Securities, facilitating their non-organic growth objectives [24].