西部证券收购国融证券获批，需一年内提交整合方案

Group 1 - The core point of the article is that the China Securities Regulatory Commission (CSRC) has approved the acquisition of Guorong Securities by Western Securities, marking a significant development in the brokerage industry [1] - The approval requires Western Securities and Guorong Securities to develop and submit a detailed integration plan within one year, following the initial integration proposal submitted to the CSRC [1] - The regulatory body has mandated that Guorong Securities must complete the necessary share transfer procedures within 30 working days from the date of the approval [1] Group 2 - The acquisition process took 14 months to complete, reflecting the increasing trend of mergers and acquisitions in the brokerage sector since 2025, as encouraged by regulatory authorities [1] - Other recent brokerage mergers include the restructuring and renaming of Guotai Junan and the acquisition of 96.08% of Wanhua Securities by Guoxin Securities, which has also received approval from the Shenzhen Stock Exchange [1]