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China shipbuilding merger faces scrutiny, clears insider trading hurdle

February 20, 2025 at 01:52 PM UTCBy FilingReader AI

China Shipbuilding Industry's proposed merger with China Shipbuilding Heavy Industry has successfully passed a review of potential insider trading activities. A special review conducted by CITIC Securities Co., Ltd. and legal counsel, Beijing Jiayuan Law Firm, examined stock trading by related parties during a specified period. The audit reviewed transactions of related entities like directors, supervisors, senior managers, and key stakeholders.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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