China Shipbuilding Industry Corporation (600150.SH) will exchange shares to absorb the merger of China State Shipbuilding Corporation. On September 5, the A-shares of China State Shipbuilding Corporation will be delisted.

Financial news from Wise Finance APP: China Shipbuilding (600150.SH) announced that the company plans to issue A shares to all shareholders of China Heavy Industries as a way to merge and absorb China Heavy Industries. The stock swap will be implemented on September 4, 2025, with a swap ratio of 1:0.1339, meaning that for every 1 share of China Heavy Industries stock, 0.1339 shares of China Shipbuilding stock will be received. On September 5, 2025, China Heavy Industries A shares will be delisted, and the China Shipbuilding shares acquired by China Heavy Industries shareholders through the swap will be reflected in investor accounts on the same day. After the completion of this transaction, China Heavy Industries will be delisted and its legal status will be cancelled, while China Shipbuilding will inherit all assets, liabilities, businesses, personnel, contracts, and all other rights and obligations of China Heavy Industries.