Guosen Securities: Purchase of 96.08% of Wanhe Securities shares approved by the Merger and Acquisition Review Committee of the Shenzhen Stock Exchange.

Guosen Securities announced that the company's issuance of shares to purchase assets and related party transactions has been approved by the Shenzhen Stock Exchange Merger and Restructuring Audit Committee. The transaction involves the acquisition of 96.08% of the shares of Wanhe Securities Co., Ltd. held by Shenzhen Capital Operation Group Co., Ltd., constituting a related party transaction, but not a major asset restructuring or restructuring for listing. Approval from the China Securities Regulatory Commission is still required for this transaction.