Gelonghui, December 10 | Southwest Securities (600369.SH) announced that in order to promote the high-level development of the regional equity market in Chongqing, improve the quality and efficiency of the high-quality development of financial services, better focus on the core functions of the regional equity market to serve the regional SME capital market, and enhance the core competitiveness and resilience of enterprises, Chongqing Stock Transfer Center Co., Ltd. (Chongqing Equity Transfer Center for short) plans to absorb and merge its parent company Chongqing Equity Service Group Co., Ltd. (Chongqing Equity Service Group for short). After the absorption and merger, all assets, liabilities and equity of Chongqing Stock Services Group will be transferred Chongqing Stock Transfer Center, Chongqing Stock Transfer Center continues to exist, and Chongqing Stock Services Group is disqualified as a legal entity.
Currently, Chongqing Yufu Huamao State-owned Assets Management Co., Ltd., Southwest Securities Co., Ltd. and Shenzhen Securities Information Co., Ltd. hold 51%, 34%, and 15% of the shares of Chongqing Stock Services Group, respectively, and Chongqing Stock Services Group holds 100% of the shares in the Chongqing Equity Transfer Center. After the merger and absorption, the shareholder ownership structure mentioned above will not change. Chongqing Yufu Huamao State-owned Assets Management Co., Ltd. and Shenzhen Securities Information Co., Ltd. will hold 51%, 34%, and 15% of the shares in the Chongqing Equity Transfer Center, respectively.