Guolian Securities: planning to acquire the control of Minsheng Securities joint stock company
2024-04-25 20:40:03
On April 25th, Guolian Securities joint stock company is planning to acquire the control of Minsheng Securities joint stock company by issuing class A shares and raise supporting funds. This transaction is still in the planning stage. As of now, the valuation of Minsheng Securities and the counterparty to participate in this transaction have not been finalized. This transaction constitutes a related party transaction and is expected to constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies". This transaction will not result in a change in the actual controller of the company and will not constitute a reorganization and listing. In view of the uncertainties in the above matters, in order to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company's stock price, according to the relevant regulations of the Shanghai Stock Exchange, upon application by the company, the company's class A shares will be suspended from the opening of the market on April 26, 2024 (Friday). It is expected that the suspension time will not exceed 10 trading days.