Sealand Securities Co LtdSealand Securities plans to bid for a controlling stake in Datong Securities, which is expected to expand its asset and business scale.

Sealand Securities announced plans to participate in bidding for a 51.59% stake in Datong Securities, with a starting price of 3.2 billion yuan. The auction lot consists of 1.703 billion shares of Datong Securities held jointly by the administrator of Huaxin Trust and Dalian Haichuang Huitong Investment Co., Ltd., with an appraised value of 4.329 billion yuan. If the bid is successful, Sealand Securities will gain control of Datong Securities. As of the end of 2025, Datong Securities had total assets of 10.525 billion yuan, net assets of 5.215 billion yuan, and achieved a net profit of 134 million yuan in 2025. The company stated that this transaction will help expand asset and business scale, integrate wealth management business client resources, and enhance business influence and market competitiveness.
Sealand Securities Co LtdSealand Securities plans to bid for a controlling stake in Datong Securities, which is expected to expand its asset and business scale.
Datong Securities is the target of the acquisition; the outcome depends on the bid's success.
Huaxin Trust is the seller of the stake; the impact is unclear without further details.
Dalian Haichuang Huitong Investment is a joint seller; the impact is unclear without further details.