Guotai Junan completes share swap, raises funds for Haitong merger
Guotai Junan Securities Co., Ltd. has finalized its share swap merger with Haitong Securities Co., Ltd., authorized by regulatory bodies including the Shanghai Stock Exchange and the China Securities Regulatory Commission. As part of the transaction, Guotai Junan raised RMB 10 billion through a private placement with Shanghai Guosheng (Group) Co., Ltd. at RMB 15.97 per share. The funds will support the merger. BDO China Shu Lun Pan CPA LLP verified the capital injection, confirming a net capital increase of RMB 9,984,811,320.75 after deducting issuance expenses. The offering involved 626,174,076 shares, with the law firm Beijing Haiwen & Partners attesting to the issuance's compliance and the eligibility of the subscriber, Shanghai Guosheng (Group) Co., Ltd.
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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