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China Heavy Industries: The stock exchange ratio is 1:0.1339

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2025-09-03 11:00:44
On September 3rd, China Heavy Industry announced that the China Shipbuilding Industry joint stock company plans to issue class A shares to all the stock exchange shareholders of China Shipbuilding Industry joint stock company to absorb and merge China Heavy Industry. The registration date for the implementation of the share exchange is September 4, 2025, and the share exchange ratio is 1:0.1339, that is, every 1 China Heavy Industry stock will be converted into 0.1339 Chinese ship stocks. After the termination of the listing of China heavy industry class A share shares on September 5, 2025, the stock account of China heavy industry class A share shareholders will no longer display China heavy industry class A share shares, and the corresponding stock market value will not be reflected in the total market value of the investor account. After the conversion of China heavy industry class A share shares into China ship class A share shares and the completion of the relevant procedures for the listing of new class A share shares, the stock account of China heavy industry's original class A share shareholders will be displayed from the date of listing of new shares. China ship class A share shares, the corresponding stock market value will be reflected in the total market value of the investor account.
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