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. The cash option for dissenting shareholders will be available, with a record date of December 9, 2014. Trading of Hongyuan shares will be suspended starting December 10, 2014, until the merger is completed.
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The company and all members of the board of directors guarantee that the content disclosed in this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
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