Guolian Securities (01456) announced that the company's A-shares will be merged on May 15 and May 16, 2024...
According to the Zhitong Finance App, Guolian Securities (01456) issued an announcement. The cumulative closing price deviation value of the company's A-share shares reached 20% during two consecutive trading days on May 15 and May 16, 2024. According to the relevant provisions of the “Shanghai Stock Exchange Trading Rules”, this is an abnormal fluctuation in stock trading.
Following a self-inspection by the company and written letters to the controlling shareholder, Wuxi Guolian Development (Group) Co., Ltd. (hereinafter referred to as “Guolian Group”), and the actual controller, the State-owned Assets Supervision and Administration Commission of the Wuxi Municipal People's Government (hereinafter referred to as “Wuxi State-owned Assets Administration Commission”), it was confirmed that, as of the disclosure date of this announcement, the company was planning to acquire 100% of the shares of Minsheng Securities Co., Ltd. and raise supporting capital by issuing A-shares (hereinafter referred to as “this transaction”).