Zheng Quan Shi Bao Wang·2025-09-29 04:05Core Viewpoint - The event organized by the Beijing Listed Companies Association focused on "mergers and acquisitions (M&A) and strengthening, expanding, and optimizing" as a strategic approach for companies to enhance their competitiveness and market position [1][6]. Group 1: Event Overview - The event took place from September 28 to 29, organized by the Beijing Listed Companies Association, with guidance from the Beijing Securities Regulatory Bureau and hosted by China CRRC Corporation Limited [3]. - Over 40 participants, including board secretaries and securities representatives from listed companies, attended the event, which included both site visits and discussion sessions [3]. Group 2: Company Insights - Participants visited CRRC Zhuzhou Electric Locomotive Co., Ltd. and the CRRC Zhuzhou Institute of Electric Locomotive Research, showcasing CRRC's capabilities in high-end manufacturing and technological innovation in the rail transit equipment sector [4][5]. - The visit included insights into the assembly process of rail transit equipment and the development history of electric locomotives and urban rail vehicles, highlighting China's strengths in high-end equipment manufacturing [5]. Group 3: M&A Discussion - Li Honghai, the Secretary-General of the Association, emphasized that M&A is crucial for resource optimization, market restructuring, and driving innovation [6]. - The discussion included experiences and outcomes from CRRC's subsidiaries regarding M&A practices, focusing on market expansion and competitiveness enhancement [6]. - A representative from CITIC Securities shared trends and practical insights on A-share M&A, while participants discussed cultural integration and financial risk control in cross-industry mergers [6]. Group 4: Future Directions - The event served as a platform for listed companies to deepen their understanding of M&A, with Li Honghai expressing the Association's commitment to providing more learning opportunities for companies to seize M&A opportunities and contribute to the high-quality development of the capital market [7].