天津：允许国资及政府引导基金履职尽责前提下通过并购退出微利或亏损项目

Core Viewpoint - Tianjin has introduced measures to support mergers and acquisitions (M&A) that allow state-owned assets and government-guided funds to exit low-profit or loss-making projects under the premise of fulfilling their responsibilities [1] Group 1: Policy Measures - The Tianjin Municipal Financial Management Bureau, Tianjin Securities Regulatory Bureau, and other departments have jointly released several measures to support M&A and restructuring [1] - A capital market service platform will be established to enhance information sharing and business collaboration [1] - Innovative product offerings such as Sci-tech bonds and public REITs will be expanded [1] Group 2: Resource Development - The initiative will leverage 12 key industrial chains, listed backup resources, and enterprises from the Tianjin High-tech Innovation Park to identify quality M&A targets [1] - A resource database covering a modern industrial system will be constructed [1] Group 3: Service Alliance - A capital market service alliance will be formed, involving banks, securities firms, funds, and law firms to create a professional M&A service team [1] - Policy training and precise matchmaking will be conducted through a technology finance roadshow center [1] Group 4: Regulatory Support - Green channels for registration and environmental assessments will be opened for key industrial projects [1] - Regulatory measures will be implemented in accordance with the law, and a performance evaluation and error-correction mechanism for state-owned assets and government-guided funds will be established [1]