B · Normal
[Guolian Minsheng Securities received regulatory approval for its capital increase of not more than 2 billion yuan in its Hong Kong subsidiary] On September 30, Guolian Minsheng Securities’ latest announcement was that the company recently received the China Securities Regulatory Commission’s “Relevant Opinions on Guolian Minsheng Securities Co., Ltd.’s Capital Increase in its Hong Kong Subsidiary” "Reply Letter", the company has no objection to the capital increase of no more than 2 billion yuan in the wholly-owned subsidiary Guolian Securities (Hong Kong) Co., Ltd. with its own funds. The company will complete the filing procedures in accordance with relevant requirements and proceed in batches according to Guolian Hong Kong's business needs and market conditions. Regarding this capital increase, Guolian Minsheng Securities stated that it aims to implement the country’s high-level financial opening strategy, assist the company’s international layout, and enhance the core competitiveness of its wholly-owned subsidiary Guolian Securities (Hong Kong) Co., Ltd. (Reporter Lin Jian)
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