Core Viewpoint - China Shipbuilding Industry Corporation (CSIC) is undergoing a share swap merger with China Shipbuilding Heavy Industry Company (CSHC), leading to the voluntary termination of CSHC's listing on the Shanghai Stock Exchange [1][4]. Group 1: Company Overview - CSHC, officially known as China Shipbuilding Heavy Industry Company, has a registered capital of 2,280,203.5324 million RMB and was established on March 18, 2008 [2]. - The company operates as a state-controlled joint-stock limited company, with its headquarters located in Haidian District, Beijing [2]. Group 2: Merger Details - The merger involves CSIC absorbing CSHC through a share swap, where CSIC will issue A-shares to all shareholders of CSHC [3]. - Following the completion of the merger, CSHC will terminate its listing and cancel its legal entity status, while CSIC will inherit all assets, liabilities, and rights of CSHC [3][4]. Group 3: Regulatory Approvals - The merger has received necessary approvals from the boards and shareholders of both CSIC and CSHC, as well as relevant regulatory bodies [4]. - CSHC's voluntary termination of listing is in accordance with the Shanghai Stock Exchange's regulations regarding mergers and acquisitions [4][5].