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meijing ai express, after half a month, the plan for china shipbuilding to exchange shares and absorb china heavy industry was finally released. on the evening of september 18, china shipbuilding and china heavy industry both announced that they were planning a major asset reorganization. china shipbuilding will absorb china heavy industry by issuing a shares to all shareholders of china heavy industry. after completion, china heavy industry will terminate its listing and cancel its legal person status, and china shipbuilding will become the surviving company. both companies will resume trading on september 19. the announcement shows that the exchange price of china shipbuilding is determined to be 37.84 yuan/share, and the exchange price of china heavy industry is determined to be 5.05 yuan/share. the exchange ratio between china heavy industry and china shipbuilding is calculated to be 1:0.1335. a few days ago, a relevant person in charge of china shipbuilding group said in an interview with reporters: "this strategic reorganization of its two 100 billion-level ship assembly listed platforms is of great significance for promoting the strengthening, optimization and expansion of state-owned capital, and deepening reforms in depth with a higher position and greater efforts." (shanghai securities news)

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