深圳大动作：加快打造并购基金矩阵，2027年底培育形成20家千亿级市值企业

Core Viewpoint - Shenzhen has released the "Shenzhen Action Plan for Promoting High-Quality Development of Mergers and Acquisitions (2025-2027)", aiming to enhance the merger and acquisition market ecosystem and facilitate efficient implementation of mergers and acquisitions by listed companies [1] Group 1: Goals and Objectives - By the end of 2027, the total market capitalization of domestic and foreign listed companies in Shenzhen is expected to exceed 20 trillion yuan, with 20 companies achieving a market value of over 100 billion yuan [1] - The plan aims to complete over 200 merger projects with a total transaction value exceeding 100 billion yuan, establishing a number of industry demonstration cases [1] Group 2: Key Tasks - The action plan outlines five key tasks to build a comprehensive merger and acquisition ecosystem [1] - It emphasizes the importance of asset upgrades and categorizes mergers and acquisitions based on the "20+8" industry framework [2] Group 3: Funding Mechanisms - The plan introduces various financial tools to enhance the effectiveness of mergers and acquisitions, including flexible payment methods and innovative financing tools such as merger loans and syndicate loans [3] - It encourages social capital participation through venture capital and industry funds, and supports private equity funds in direct investments and asset securitization [4] Group 4: Cross-Border Cooperation - The action plan highlights the advantages of Shenzhen's proximity to Hong Kong and Macau, promoting cross-border mergers and acquisitions and resource allocation [5] - It supports Shenzhen enterprises in utilizing both domestic and international markets for financing and resource integration [5] Group 5: Ecological Services - The plan calls for the establishment of a comprehensive merger and acquisition service platform to support strategic emerging industries and leading companies in their acquisition efforts [6] - It encourages the acquisition of unprofitable quality assets to strengthen supply chains and enhance technological capabilities [6] Group 6: Risk Management - The action plan emphasizes the need for compliance checks in key merger transaction stages and the prevention of malicious acquisitions [7] - It proposes the establishment of a special coordination mechanism to facilitate merger and acquisition processes and improve service for key projects [7] Group 7: Talent Development - The plan supports the development of a talent cultivation program for merger and acquisition professionals, focusing on individuals with a dual background in industry and finance [8] - It encourages the establishment of headquarters or branches of global professional service institutions in Shenzhen to enhance the local merger and acquisition service capabilities [8]