This announcement informs shareholders of Hongyuan Securities about the approved share swap absorption merger with Shenwan Hongyuan Securities. The share swap ratio is set at 2.049 shares of Shenwan for each share of Hongyuan. Cash options will be available for dissenting shareholders, with a record date of December 9, 2014. Trading of Hongyuan shares will cease on December 10, 2014, leading to its delisting.
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Hongyuan Securities Co., Ltd. and all members of the board of directors guarantee that the content disclosed in this announcement is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
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