Ge Long Hui·2025-11-19 14:15Core Viewpoint - The announcement details a legally binding cooperation agreement for a merger between the company, Dongxing Securities, and Cinda Securities, which will involve a share exchange and absorption merger, pending board and regulatory approvals [1] Group 1: Merger Details - The merger will be executed through an absorption merger and share exchange, with the company as the surviving entity [1] - The company will issue A-shares listed on the Shanghai Stock Exchange to A-share holders of the targeted companies [1] - The proposed merger requires approval from the respective boards, shareholders, and relevant regulatory authorities before implementation [1] Group 2: Trading Suspension - The company's A-shares (stock code: 601995.SH) will be suspended from trading starting November 20, 2025, for a period not exceeding 25 trading days [1] - The company's H-shares and notes will also be suspended pending confirmation of compliance requirements with regulatory authorities [1] - A subsequent announcement will be made in accordance with the Hong Kong Stock Exchange's listing rules regarding insider information [1]