科创板并购重组活跃，推动产业升级创新

Group 1 - The core viewpoint of the articles highlights the surge in mergers and acquisitions (M&A) among companies listed on the Sci-Tech Innovation Board following the release of the "Eight Policies for the Sci-Tech Innovation Board," with 96 M&A transactions amounting to over 22 billion yuan [1][3] - Companies on the Sci-Tech Innovation Board are diversifying their transaction targets and adopting more market-oriented valuation methods, as well as more flexible transaction designs [1][3] - Chenghe Technology plans to acquire at least 51% of Wuhu Yingri Technology Co., indicating its strategy to accelerate entry into the display industry and expand its business scope [1] Group 2 - The trend of control transactions is increasing, with leading companies in the industry accelerating integration, as seen in the acquisitions by Chery Holdings and ChipSource Microelectronics [3] - Many companies planning to go public are opting for M&A to achieve securitization, such as Gablon Electronics' plan to acquire control of Chengdu Ruicheng Chip Micro Technology Co., enhancing its competitiveness in EDA tools and semiconductor IP [3] - Companies are actively expanding into international markets, exemplified by Haochen Software's acquisition of Hungarian BIM software developer CadLine, facilitating entry into the growing overseas BIM market [3] Group 3 - Companies are adopting valuation methods that align with the characteristics of new productive forces, such as Shengxiang Bio's "upward adjustment" valuation arrangement during its acquisition of Zhongshan Haiji [3] - There is a growing trend of flexible performance commitment arrangements in transactions, as demonstrated by Huahai Qingke's performance commitments linked to revenue and core product sales during its acquisition of Xinyu Semiconductor [3]