东兴证券：筹划重大资产重组，股票停牌

Core Viewpoint - CICC is planning a significant asset restructuring by acquiring Dongxing Securities and Xinda Securities through a share swap, which is expected to enhance its position as a leading investment bank and support the high-quality development of the securities industry [1] Group 1: Company Actions - Dongxing Securities announced on November 19 that it is in discussions with CICC and Xinda Securities regarding the acquisition [1] - CICC's stock (Dongxing Securities, stock code: 601198) will be suspended from trading starting November 20, 2025, for a period not exceeding 25 trading days to ensure fair information disclosure [1] Group 2: Industry Implications - The restructuring is aimed at accelerating the establishment of a first-class investment bank and supporting reforms in the financial market [1] - The move is positioned to contribute to the high-quality development of the securities industry [1]