Haitong (600837.SH): Merger with Guotai Junan approved by Shanghai Stock Exchange

Haitong (600837.SH) announced that Guotai Junan Securities Co., Ltd. intends to acquire and merge Haitong by issuing A shares to all A-share shareholders of Haitong and issuing H shares to all H-share shareholders of Haitong, and raising matching funds by issuing A shares. The Shanghai Stock Exchange Mergers and Acquisitions Review Committee held its first meeting of 2025 on January 9, 2025 to review the application for the company's transaction. According to the announcement of the results of the first review meeting of the Shanghai Stock Exchange Mergers and Acquisitions Review Committee in 2025, the review result of this meeting is that the transaction meets the restructuring conditions and disclosure requirements.