Di Yi Cai Jing Zi Xun·2025-12-17 11:11Group 1 - CICC announced plans to merge with Dongxing Securities and Cinda Securities through a share exchange method, with trading resuming on December 18, 2025 [1][2] - The share exchange prices are set at 36.91 CNY per share for CICC, 16.14 CNY for Dongxing Securities, and 19.15 CNY for Cinda Securities [4] - The exchange ratios are 1:0.4373 for Dongxing Securities and 1:0.5188 for Cinda Securities, meaning shareholders will receive a fraction of CICC shares in exchange for their shares [4] Group 2 - After the merger, Dongxing Securities and Cinda Securities will be delisted and their legal entities will be dissolved, with CICC inheriting all assets, liabilities, and rights [4] - The merger requires further approval from CICC's board and shareholders, as well as necessary regulatory approvals [5]