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“新规”下首单重组项目过会 深市优质典型“好方案”持续落地

Group 1 - The core viewpoint of the articles highlights the approval of Fulede's asset acquisition project by the Shenzhen Stock Exchange's restructuring committee, marking it as the first restructuring project to pass under the new regulations in the A-share market [1] - Fulede plans to acquire Fulehua, a leading manufacturer of copper-clad ceramic substrates, addressing critical material supply issues in power semiconductors and breaking foreign monopolies in this sector [1] - The project utilizes a combination of share issuance and targeted convertible bonds as payment methods, involving 59 counterparties to meet diverse pricing requirements, aiming to integrate high-quality semiconductor resources within the group [1] Group 2 - Since the release of the "Six Merger Rules," there has been a surge in mergers and acquisitions, with 817 disclosed transactions in the Shenzhen market amounting to 379.7 billion yuan, reflecting year-on-year increases of 63% and 111% respectively [2] - Among these, significant asset restructurings totaled 99 transactions worth 178.4 billion yuan, with year-on-year growth of 219% and 215%, indicating a strong trend towards industrial mergers, particularly in semiconductors and related sectors [2] - The Shenzhen Stock Exchange is committed to supporting the implementation of the "Six Merger Rules," focusing on facilitating technological innovation and the development of new productive forces through effective merger and acquisition activities [2]