Yatai Group: Plans to sell 20.81% of Northeast Securities to Changfa Group

2026-03-09 11:59:33

Yatai Group Announcement: The company plans to sell 20.81% of its holdings in Northeast Securities to Changchun City Urban Development Investment Holding (Group) Co., Ltd., and intends to sell 9% of its holdings in Northeast Securities to Changchun Financial Holding Group Co., Ltd. or its designated subsidiaries. Due to the company’s 2023 and 2024 financial statements being audited with qualified opinions, the elimination of related issues still needs confirmation, and the shareholder qualification of the securities company acquirer requires further communication. There are significant uncertainties regarding this restructuring.

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