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guosen securities, the "acquisition protagonist", resumes trading today! four core arrangements are made for vanward

2024-09-05

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within one day, there were significant developments in two securities industry mergers and acquisitions.

on september 4, guosen securities issued an announcement that the company plans to purchase 96.08% of the shares of wanhe securities held by shenzhen capital, kunpeng investment, shenzhen investment group, shenzhen capital group, yuanzhifu hai no. 10, chengdu jiaozi and haikou financial holdings through the issuance of a-shares.

after the transaction is completed, wanhe securities will become a subsidiary of guosen securities. the company will make full use of the resources of both parties to expand its business layout and promote the development of the company's international business and innovative business. the company will resume trading from the opening of the market today (september 5), and the resumption of trading trend is worth looking forward to.

on the same day, guolian securities issued an announcement that the company's major asset restructuring plan of issuing a-shares to purchase 99.26% of minsheng securities' shares and raise supporting funds has been approved by the company's extraordinary shareholders' meeting.

this year, there were six exciting mergers and acquisitions in the securities industry, namely "zheshang + guodu", "western + guorong", "ping an + founder", "huachuang + pacific" and the above-mentioned "guoxin + wanhe" and "guolian + minsheng". the specific progress is as follows:

"zheshang + guodu" announced on july 16 that the csrc accepted the application, which is nearly two months ago;

"western china + guorong" is in the planning stage, and the planning announcement was released on june 21, nearly three months ago;

on january 29 this year, shi hua, chairman of founder securities, said that "ping an + founder" would "advance relevant work at a rhythmic pace". currently, no new progress has been released, and the time has lasted for nearly 9 months.

the progress related to "hua chuang + pacific" has been delayed for a long time, and the market once doubted the possibility of the merger between the two.

the four core issues of the acquisition of vanward have been arranged

a reporter from cailianshe learned further from guosen securities that after the completion of this transaction, there will be arrangements for business integration, wanhe positioning, personnel arrangements, acquisition funds, etc.

first, in terms of business integration,after the completion of this transaction, guosen securities will leverage its advantages in management capabilities, market reputation, and business operations, make full use of the listed company's experience in securities research, product development, information technology, and risk control, and combine the policy advantages of wanhe securities being registered in hainan free trade port to professionally integrate wanhe securities' asset management, proprietary investment, investment banking, wealth management and other business lines, and build wanhe securities into a regional investment bank with industry-leading status in hainan free trade port in specific business areas such as cross-border asset management.

second, the positioning of wanhe securities.after the completion of this transaction, wanhe securities will become a holding subsidiary of guosen securities. guosen securities will take advantage of wanhe securities' registration in hainan to build wanhe securities into a regional investment bank with industry-leading position in hainan free trade port in specific business areas such as cross-border asset management, and realize the rapid development of guosen securities' international business and financial innovation business;

third, in terms of personnel arrangement,guosen securities will adjust the organizations and positions of employees in all business lines of wanhe securities based on the asset and business integration situation and the principle of "people follow assets and people follow business", after fully communicating with employees and respecting their wishes, and complete the organizational and personnel adjustments that match the business adjustments;

fourth, in terms of funding arrangements,in accordance with regulatory requirements, guosen securities will incorporate wanhe securities' financial budget, performance appraisal, and salary management into the management of listed companies, and manage and optimize wanhe securities' accounting system, financial management system, and internal control system to enhance its financial accounting and management capabilities.

"guolian + minsheng" shareholders meeting passed

industry insiders said that the overwhelming approval of the guolian securities' acquisition of minsheng securities proposal demonstrated the firm confidence of all shareholders in this transaction and the leapfrog development of the restructuring and integration.

from the announcement of suspension on april 25, to the announcement of the restructuring plan and restructuring draft on may 14 and august 8, and then to the approval by the shareholders' meeting, it took only four months for the restructuring and integration of guolian securities and minsheng securities to efficiently complete all internal decision-making procedures and enter the regulatory review stage. this highly anticipated and market-oriented merger and reorganization with weathervane significance has progressed at a rapid pace. after subsequent regulatory review and approval, the two securities companies will officially enter the integration and fusion stage.

in the view of industry insiders, as of now, compared with other ongoing brokerage merger and reorganization cases in the market, guolian and minsheng's work progress is the fastest and most efficient, demonstrating extremely strong decision-making and execution capabilities.

according to the procedures, the subsequent restructuring project still needs to complete material submission, regulatory inquiries, board review and registration.

when will the six major mergers and acquisitions be completed?

including the above-mentioned "guoxin + wanhe", "guolian + minsheng", as well as "zheshang + guodu", "western + guorong", "ping an + founder" and "huachuang + pacific", there are a total of 6 securities industry mergers and acquisitions cases waiting to bear fruit.

"zheshang + guodu", the latest news was released on july 16. zheshang securities issued an announcement that the company recently received the "china securities regulatory commission administrative license application acceptance form" forwarded by guodu securities. the china securities regulatory commission has accepted guodu securities' application for changing its major shareholder and actual controller in accordance with the law. combined with zheshang securities' announcement on june 7, zheshang securities will hold 34.25% of guodu securities' shares.

"west china + guorong", the latest progress was nearly three months ago. on june 21 this year, west china securities issued an announcement stating that based on its own development needs, the company is planning to acquire the controlling stake of guorong securities by paying cash. the specific proportion of shares to be acquired will be subject to the final signed share transfer agreement. the industry has also interpreted the positive impact of this acquisition. if this merger and reorganization is successfully implemented, it will promote the complementary resource advantages of both parties in terms of funds, talents, and business.

the news of "huachuang + pacific securities" still remained in april. on april 25, huachuang yunxin responded to investors' questions and said that the company will coordinate and promote related businesses under the guidance of the regulatory authorities in accordance with the principles of compliance with laws and regulations, respect for the market, and respect for professionalism. in december last year, a-share listed company huachuang yunxin issued an announcement stating that the board of directors reviewed and approved the "proposal of huachuang securities to control pacific securities".

ping an + founder, the latest progress is still in the first quarter. on march 29, founder securities held an earnings briefing. in response to investors' questions, shi hua, chairman of founder securities, said that founder securities will work with all parties to maximize the value of shareholders and investors, and advance related work in accordance with the restructuring investment agreement and regulatory requirements of founder group. if there is any new progress in the future, it will be disclosed in a timely manner in accordance with the regulations and guidelines of the financial regulatory authorities.