Guotai Junan: Major asset restructuring plan disclosed, trading will resume tomorrow

On October 9th, Guotai Junan announced that the company and Haitong Securities plan to conduct major asset restructuring through share swap absorption and merger, and raise supporting funds. This transaction includes issuing shares to all class A shares and H shares of Haitong Securities. The company's class A shares will be suspended from September 6, 2024. At present, the relevant audit work has not been completed, and the shareholders' meeting will not be held for the time being. The company's shares will resume trading on October 10, 2024. The transaction plan still needs to obtain a number of approvals and approvals. There are uncertainties. Investors are reminded to pay attention to risks.