GLMS SEC (01456) Acquires 81.543 Million Shares of Minsheng Securities from Oceanwide Holdings, Increasing Stake to 99.98%

Stock News

11/12

GLMS SEC (01456) announced that its subsidiary, Guolian Minsheng Securities Company Limited, currently holds a 99.26% stake in Minsheng Securities, making it the controlling shareholder. On November 12, 2025, the company successfully bid for 81.543 million shares (0.72% of Minsheng Securities' total equity) previously held by Oceanwide Holdings through a judicial auction. The transaction was completed at a price of RMB 171 million, and the company has received the confirmation notice. The deal is pending completion of share transfer procedures. Upon finalization, GLMS SEC's ownership in Minsheng Securities will increase from 99.26% to 99.98%.

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