West (002673.SZ) Securities announced that the company is planning to acquire a controlling stake in Guorong Securities Co., Ltd. through cash payment, based on its own development needs. The specific shareholding ratio of the acquisition shall be determined by the share transfer agreement finally signed.
The above-mentioned matters do not constitute related party transactions or major asset restructuring and will not affect the normal production and operation activities of the company. This transaction is still in the planning stage. The transaction scheme still needs further demonstration and negotiation, and there is uncertainty in the transaction.