告别A股！601989，仅剩最后1个交易日！

Core Viewpoint - China Shipbuilding Industry Co., Ltd. is planning to absorb and merge China Shipbuilding Heavy Industry Co., Ltd. through a share exchange, leading to the suspension and eventual delisting of China Heavy Industry's stock [5][6]. Group 1: Announcement Details - On August 11, China Heavy Industry announced that its stock will be suspended from trading starting August 13, 2025, and will not be traded thereafter [2]. - The last trading day for China Heavy Industry's stock is set for August 12, 2025 [2]. - The China Securities Regulatory Commission approved the merger plan on July 18, allowing China Shipbuilding to issue an additional 3.053 billion shares to absorb China Heavy Industry [5]. Group 2: Share Exchange Ratio - The exchange ratio for the merger is set at 1:0.1335, meaning each share of China Heavy Industry can be exchanged for 0.1335 shares of China Shipbuilding [5]. - The cash option for dissenting shareholders is priced at 4.03 yuan per share, allowing them to receive cash compensation for their shares [5][6]. Group 3: Post-Merger Process - After the completion of the cash option and the termination of listing, shareholders of China Heavy Industry will have their shares converted into shares of China Shipbuilding based on the established exchange ratio [6]. - The distribution of shares will ensure that the number of shares received by shareholders is an integer, with specific rules for handling fractional shares [6]. Group 4: Current Stock Price - As of the latest closing, the stock price of China Heavy Industry is 5.01 yuan per share [7].