pokeronlinepc| Guolian Securities plans to issue A shares to acquire control of Minsheng Securities and will suspend trading in shares tomorrow

On the evening of April 25pokeronlinepc, Guolian Securities issued a suspension notice on planning major asset reorganization matters. The announcement said that Guolian Securities is planning to acquire control of Minsheng Securities by issuing A shares and raise matching funds. The company's A-share shares will be suspended from the market opening on Friday, April 26, and the suspension is expected to be suspended for no more than 10 trading days.

Guolian Securities said that this transaction is still in the planning stage. As of now, Minsheng Securities 'valuation and the counterparty to participate in this transaction have not yet been finalized. This transaction constitutes a connected transaction and is expected to constitute a major asset reorganization as stipulated in the Measures for the Management of Material Asset Reorganizations of Listed Companies. This transaction will not lead to changes in the actual controller of the company and does not constitute a reorganization and listing.

(Article source: Shanghai Securities News and China Securities Network)