Xin Hua She·2025-10-13 07:47Group 1 - The core viewpoint of the news is the significant increase in merger and acquisition (M&A) activities in the Shanghai stock market since the release of the "Opinions on Deepening the Reform of the M&A Market for Listed Companies" [1] - As of October 12, 2025, a total of 996 new M&A projects have been added in the Shanghai market, with 114 cases classified as major asset restructurings amounting to 308.64 billion yuan [1] - In addition, there are 882 new projects that do not constitute major restructurings, with a total value of 444.9 billion yuan [1] Group 2 - Among the major asset restructurings, 77 cases involve mergers within the same industry, with a total value exceeding 228.7 billion yuan [1] - Recent M&A projects include the acquisition of stakes in New Ascend Crystal Technology by Shanghai Silicon Industry through a combination of share issuance and cash payment, resulting in full ownership of the target companies [3] - Huahai Chengke is acquiring 70% of Hengsuo Huawai Electronics through a mix of share issuance, convertible bonds, and cash, while also raising supporting funds [3]