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Guotai Junan completes share-swap merger with Haitong Securities

March 13, 2025 at 12:45 PM UTCBy FilingReader AI

Guotai Junan Securities (SSE:601211) has successfully completed its share-swap merger with Haitong Securities, issuing new A shares to Haitong's A-share and H-share shareholders. The deal involved the issuance of 5,985,871,332 A shares. In a related move, Guotai Junan raised supporting funds, with a total of RMB 10 billion, and a net of RMB 9,984,811,320.75. The issuance of 626,174,076 shares to the Shanghai National Assets Management has been completed. With the merger now finalized, Haitong Securities delisted its A shares and H shares, as Guotai Junan assumes all assets, liabilities, and operations. Hong Kong Stock Exchange has been approved.

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

SSE:601211Shanghai Stock Exchange
Shanghai Blue Chip

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