Summary by Futu AI
On February 14, 2025, Industrial And Commercial Bank Of China received a notification from Central Huijin Investment Limited (referred to as Huijin) that 66.7% of the shares of China Securities Finance Corporation are proposed to be transferred to Huijin. According to the Hong Kong Securities and Futures Ordinance, Huijin has submitted disclosures regarding its holdings in Industrial And Commercial Bank Of China in Hong Kong. Based on relevant regulatory requirements, the Board of Directors of Industrial And Commercial Bank Of China concurrently issued this announcement in the A-share market to ensure the compliance and timeliness of information disclosure. This share transfer involves significant changes in the equity of China Securities Finance Corporation, reflecting important adjustments in state-owned financial asset management.
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