Western Securities announced new developments regarding the acquisition of Guorong Securities. First, the financial audit for Guorong Securities' data from January to September has been completed, the board of directors has reviewed the related matters for this trade and submitted relevant proposals for the shareholders' meeting, which will be held on December 6. Among them, there are no significant discrepancies between the relevant data and the previously reviewed and disclosed unaudited financial data of Guorong Securities from January to September, and this will not affect the valuation and pricing results of the acquisition of controlling rights of Guorong Securities. Western Securities plans to acquire 64.5961% of Guorong Securities for approximately 3.825 billion yuan, with the assessed value for 100% of Guorong Securities being 6.0435 billion yuan, and the share transfer price being 3.3217 yuan per share. Second, Western Securities' qualification as the controlling shareholder of Guorong Securities still needs approval from the China Securities Regulatory Commission. Before and after this transaction, the controlling shareholder and actual controller of Western Securities are Shaanxi Investment Group Co., Ltd., and this transaction will not lead to a change in the company's control. (Reported by Lin Jian from Financial Link)