China Cinda (01359, 04621) Announces Potential Mergers Involving Cinda Securities (601059.SH), CICC (3908.HK, 601995.SH), and Dongxing Securities (601198.SH)

Bulletin Express
2025/11/19

China Cinda Asset Management Co., Ltd. (the Company) issued an announcement indicating that its subsidiary, Cinda Securities Co., Ltd. (601059.SH), has disclosed a trading halt announcement on November 19, 2025. The trading halt relates to a legally binding cooperation agreement with China International Capital Corporation Limited (3908.HK, 601995.SH) and Dongxing Securities Co., Ltd. (601198.SH) to implement proposed mergers by way of absorption and share exchanges by CICC (the “Proposed Mergers”).

According to the announcement, the Proposed Mergers may constitute a notifiable transaction under Chapter 14 of the Listing Rules if materialized. The Company intends to make further disclosures in compliance with the relevant requirements as and when appropriate.

The Company also noted that there is no assurance the Proposed Mergers will be consummated. Security holders and potential investors are advised to exercise caution when dealing in relevant securities and notes of the Company and its subsidiaries. The announcement is dated November 19, 2025, and is signed by the Chairman on behalf of the Board.

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