The reporter learned that the Shanghai Stock Exchange is making further arrangements for CICC's share exchange involving the merger of Dongxing Securities and Cinda Securities. Since the listing of Dongxing Securities and Cinda Securities shares will be terminated after the implementation of the merger is completed, the two stocks have been removed from the list of securities subject to securities financing since September 9. It is worth noting that the financing and securities lending contracts that have not been settled before the adjustments are implemented are still valid. The brokerage firm and the customer can conclude the relevant contracts early as agreed, and members should continue to submit the two financing data until the entire business is completed. The notice requires that investors who hold the above shares in a credit account and are required to file a cash option declaration should transfer the corresponding shares to an ordinary securities account and declare them by September 14 at the latest. The relevant shares held in the investor's credit account will be converted to CICC shares according to the share exchange ratio after the share exchange is completed. The market value of securities in transit generated during the share exchange period shall be calculated at a fair price as agreed and included in the market value of the collateral. The exchange requires that brokerage firms should pay close attention to subsequent disclosure of information and promptly communicate with customers on matters such as early contract settlement, cash option declarations, and stock exchange mergers to effectively protect the legitimate rights and interests of customers.

The reporter learned that the Shanghai Stock Exchange is making further arrangements for CICC's share exchange involving the merger of Dongxing Securities and Cinda Securities. Since the listing of Dongxing Securities and Cinda Securities shares will be terminated after the implementation of the merger is completed, the two stocks have been removed from the list of securities subject to securities financing since September 9. It is worth noting that the financing and securities lending contracts that have not been settled before the adjustments are implemented are still valid. The brokerage firm and the customer can conclude the relevant contracts early as agreed, and members should continue to submit the two financing data until the entire business is completed. The notice requires that investors who hold the above shares in a credit account and are required to file a cash option declaration should transfer the corresponding shares to an ordinary securities account and declare them by September 14 at the latest. The relevant shares held in the investor's credit account will be converted to CICC shares according to the share exchange ratio after the share exchange is completed. The market value of securities in transit generated during the share exchange period shall be calculated at a fair price as agreed and included in the market value of the collateral. The exchange requires that brokerage firms should pay close attention to subsequent disclosure of information and promptly communicate with customers on matters such as early contract settlement, cash option declarations, and stock exchange mergers to effectively protect the legitimate rights and interests of customers.