Xin Lang Cai Jing·2025-08-01 09:50Core Viewpoint - China Shipbuilding Industry Corporation plans to issue A-shares to all shareholders of China Heavy Industry for a stock swap merger, allowing dissenting shareholders to exercise cash options [1] Group 1: Transaction Details - The merger will be conducted at the first extraordinary general meeting of shareholders in 2025 [1] - Dissenting shareholders who cast effective opposing votes and continue to hold dissenting shares will have the right to apply for cash options [1] - The number of dissenting shares is approximately 323 million, with an exercise price of 4.03 yuan per share [1] Group 2: Cash Option Provision - The cash option will be provided by Beijing Chengtong Investment Holdings Co., Ltd. for dissenting shareholders [1] - The upper limit of the cash option does not guarantee that the final exercise will occur, as the actual exercise quantity will depend on the effective application quantity from dissenting shareholders [1]