Workflow
证监会核准,券商并购再添新例!

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has approved Guosen Securities' acquisition of Wanhe Securities, allowing Guosen to issue approximately 348 million shares to various investors to purchase assets and gain control of Wanhe Securities [1][2] Group 1: Acquisition Details - Guosen Securities will issue shares to Shenzhen Capital Operation Group, Shenzhen Kunpeng Equity Investment, and other investors to acquire approximately 96.08% of Wanhe Securities, totaling about 2.184 billion shares [1][2] - The acquisition process began with a suspension announcement on August 21, 2024, followed by a series of approvals from the Shenzhen Municipal State-owned Assets Supervision and Administration Commission and the Shenzhen Stock Exchange [2][3] Group 2: Company Background - As of the end of 2024, Guosen Securities has a registered capital of 9.612 billion yuan, over 10,000 employees, and total assets of 501.506 billion yuan, with a net profit of 8.217 billion yuan for the year [3] - Guosen Securities ranks among the top in various industry metrics, including brokerage client numbers and net income from securities trading [3] Group 3: Expected Impact - The acquisition is expected to enhance Guosen Securities' operational capabilities, improve return on equity for Wanhe Securities, and provide capital support for Guosen [3]