China CSSC Holdings Limited (600150.SH) announced plans to absorb and merge China Shipbuilding Industry Company Limited through a share swap arrangement. Under this transaction, China CSSC will issue A-shares to all shareholders of China Shipbuilding Industry as consideration. On July 18, 2025, the China Securities Regulatory Commission (CSRC) formally approved the registration through Document No. ZJXK [2025] 1501. The regulatory approval specifically authorizes China CSSC Holdings to issue 3,053,192,530 new shares to complete the absorption merger of China Shipbuilding Industry Company Limited.
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