CITIC Securities: Major asset restructuring application accepted by CSRC, involving CICC's share swap merger with Dongxing Securities and CITIC Securities.

China Securities Regulatory Commission announced that the company plans to absorb and merge Dongxing Securities and Xinda Securities by issuing A shares to all A-share shareholders of Dongxing Securities and Xinda Securities through China International Finance Co., Ltd., and will change the major shareholders of Xinda Australia Fund Management Co., Ltd. and the controlling shareholders of Xinda Futures Co., Ltd. The China Securities Regulatory Commission has accepted the administrative licensing applications related to this transaction, including the merger of China International Finance Co., Ltd. with Dongxing Securities and Xinda Securities. The transaction still needs to be approved by the Shanghai Stock Exchange, the China Securities Regulatory Commission, and other authorized agencies before it can be officially implemented. The implementation is still uncertain.