[Donghai Securities will become a holding subsidiary of Soochow Securities and the merger will be held on November 17th] On November 10th, Soochow Securities announced that the Shanghai Stock Exchange’s Mergers, Acquisitions and Reorganization Review Committee is scheduled to hold the 23rd review meeting of 2026 on November 17th to review the company’s application for issuing shares and paying cash to purchase assets and related transactions. The company received the letter of implementation of the opinions from the Shanghai Stock Exchange Audit Center on November 9, and submitted the restructuring report (draft for the meeting) and other documents on November 10. After the transaction is completed, Donghai Securities will become a holding subsidiary of Soochow Securities. Calculated based on data at the end of June 2026, Soochow Securities' total assets are expected to reach 314 billion yuan, and its net assets attributable to the parent company are 54.5 billion yuan, an increase of 31% and 26% respectively. This transaction is the first merger and acquisition case of securities firms in different prefecture-level cities in the same province in the securities industry. The transaction needs to obtain corresponding approval, approval or registration before it can be implemented. (Reporter Wang Chen)