CICC: Planning to merge Dongxing and Xinda Securities through stock exchange, A-shares continue to be suspended from trading.
China Gold Corporation announced that the company is planning to absorb and merge Dongxing Securities and Xinda Securities through a stock exchange, that is, issuing A shares to the A-share shareholders of Dongxing and Xinda Securities to implement this reorganization. The company's A shares will be suspended from trading starting from November 20, 2025, for a period not exceeding 25 trading days. Due to the significant uncertainty of the reorganization, in order to safeguard the interests of investors and prevent abnormal fluctuations in stock prices, A shares will continue to be suspended. The company will continue to work on the reorganization and disclose progress in a timely manner, and will apply for resumption of trading after the matter is finalized. This reorganization still requires internal decision-making and regulatory approval, and therefore contains uncertainties.
Latest

