Zhitong Finance App News, Zhejiang Shanghai-Hangzhou (00576) announced that recently, Zhejiang Securities (601878.SH) received a notice from the Shanghai Joint Equity Exchange that Zheshang Securities became the recipient of about 448.5 million shares of Guodu Securities (corresponding 7.6933% of Guodu Securities) held by Guohua Energy, with a transaction price of about 1,094 million yuan.

On May 27, 2024, Zheshang Securities and Guohua Energy signed the “Shanghai Property Exchange Contract”.

This transaction is in line with Zheshang Securities's strategic plan. It helps Zheshang Securities to optimize resource allocation, strengthen resource integration, give full play to the existing business advantages of Zheshang Securities and Guodu Securities's business synergy, and enhance the competitiveness of Zheshang Securities. There is no harm to the interests of Zheshang Securities and shareholders.