China Shipbuilding (600150.SH): The company's absorption and merger of China Heavy Machinery has obtained the approval and registration reply from the China Securities Regulatory Commission.

Tencent Finance APP news, China Shipbuilding (600150.SH) issued an announcement, the company intends to merge and absorb China Shipbuilding Heavy Industry Co., Ltd. (referred to as "China Heavy Industry") by issuing A shares to all shareholders of China Heavy Industry in exchange for shares. China Shipbuilding is the absorbing and merging party, and China Heavy Industry is the party being absorbed and merged.