Guotai Haitong Securities(SH:601211) Di Yi Cai Jing·2025-07-25 13:58Group 1 - The core point of the news is the initiation of the first subsidiary integration by Guotai Haitong, marking the first merger of asset management subsidiaries in the domestic securities industry [1][2] - Guotai Junan Asset Management will absorb and merge Haitong Asset Management, with the company name changing to "Shanghai Guotai Haitong Securities Asset Management Co., Ltd." [1][2] - The merger will involve key steps such as product migration and legal entity consolidation, with the management name of the products changing accordingly [1][2] Group 2 - The merger aims to unify business direction, develop innovative strategies, integrate customer bases, and optimize service systems, enhancing the asset management platform and wealth management ecosystem of Guotai Haitong Securities [2] - As of the end of 2024, Guotai Junan Asset Management has an asset management scale of 588.43 billion yuan, while Haitong Asset Management has a scale of 106.98 billion yuan [2] - The company is progressing with the integration of various subsidiaries in an orderly manner, with the asset management company integration being the first step [2][3] Group 3 - A prior announcement on July 21 detailed the implementation of legal entity switching and customer and business migration, scheduled for August 22, which will involve switching the legal entity of Haitong Securities to Guotai Haitong [3] - The migration will include changes to settlement participant codes, settlement accounts, trading codes, and other relevant parameters [3]