Shandong Gold: Subsidiary plans to participate in equity transaction, confirms fair value loss of 705 million yuan.
Shandong Gold announced that on June 2, 2026, its subsidiary Shandong Gold Control intends to participate in the acquisition of equity of Donghai Securities by Dongwu Securities, planning to sell its 14.13% stake, corresponding to 262,198,067 shares, at a transfer price of 1.945 billion yuan. Preliminary calculations show that Shandong Gold Control will incur a fair value change loss of approximately 705 million yuan on its 18.71% stake in Donghai Securities, resulting in an estimated decrease in the company's total profit for 2026 of 705 million yuan. This transaction is subject to multiple approvals and uncertainties.
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