Announcement on the Termination of Stock Listing and Delisting
Securities Code: 000562
Securities Abbreviation: Hongyuan Securities
The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Shenwan Hongyuan Group Co., Ltd. (formerly known as Shenwan Guotai Junan Securities Co., Ltd., hereinafter referred to as "Shenwan Hongyuan") has received approval from the China Securities Regulatory Commission (CSRC) for its application to absorb and merge with Hongyuan Securities Co., Ltd. (hereinafter referred to as "Hongyuan Securities" or "the Company") under CSRC approval document [2014] No. 1279.
According to the share exchange merger plan, the Company has submitted an application to the Shenzhen Stock Exchange for the termination of its stock listing. The Shenzhen Stock Exchange has agreed to the termination of the Company's ordinary shares listed in RMB, effective January 26, 2015 (Monday). The relevant information regarding the termination of the Company's stock listing is as follows:
- Stock Nature: Ordinary shares in RMB
- Stock Abbreviation: Hongyuan Securities
- Stock Code: 000562
- Termination Date: January 26, 2015
Thus, the Company's stock will be delisted starting January 26, 2015. The share exchange registration date for the merger with Shenwan Hongyuan is January 23, 2015. After the close of trading on the share exchange registration date, the shares held by the Company's shareholders will be converted at a ratio of 2.049382716.