China Shipbuilding's absorption of China Heavy Industries was approved by the China Securities Regulatory Commission, marking the first deal after the restructuring of the new regulations.

date
19/07/2025
China Shipbuilding Corporation announced that the company's absorption and merger with China Heavy Industries has obtained the approval of the China Securities Regulatory Commission. What does this milestone signify? An insider at China Shipbuilding told reporters, "It essentially means the restructuring is complete, and the next step is to handle the registration at the counter." Previously, China Shipbuilding's absorption and merger with China Heavy Industries had been approved by the Shanghai Stock Exchange. An insider at China Shipbuilding revealed to reporters that this milestone means that the restructuring is essentially complete, and the subsequent steps mainly require registration from the China Securities Regulatory Commission. It is reported that this is the first case of a listed company's absorption and merger project being registered after the revision of the "Major Asset Restructuring Management Measures for Listed Companies" in May 2025. Market experts indicate that the project took only about two months from acceptance on May 8 to registration coming into effect, reflecting the support of the capital market for absorption and merger transactions and industrial integration among listed companies.