Core Viewpoint - The China Securities Regulatory Commission (CSRC) has approved Guosen Securities to become the major shareholder of Wanhua Securities, acquiring 96.0792% of its shares through a share exchange [2][4]. Group 1: Regulatory Approval - The CSRC's approval allows Guosen Securities to issue shares for asset acquisition and change the major shareholder and actual controller of Wanhua Securities [4][7]. - Wanhua Securities is required to ensure risk isolation from Guosen Securities and to strictly regulate related transactions to prevent conflicts of interest [7]. Group 2: Acquisition Details - Guosen Securities plans to acquire 2,183,877,825 shares of Wanhua Securities, representing 96.0792% of the total shares [4]. - The acquisition process began in August 2024, with Guosen Securities announcing its intention to purchase 53.0892% of Wanhua Securities' shares [7]. Group 3: Industry Context - The acquisition of Wanhua Securities by Guosen Securities is part of a broader trend of mergers and acquisitions in the securities industry, including notable cases like "Guotai Junan + Haitong" and "Guolian + Minsheng" [8]. - This merger reflects a strategic move within local state-owned capital to optimize brokerage license resources and enhance collaboration across various business lines [8].
千亿券商并购正式获批 证监会核准国信证券成为万和证券主要股东