深圳出台三年行动方案 力争到2027年底培育20家千亿市值企业

Core Insights - The Shenzhen government has launched an action plan to promote high-quality mergers and acquisitions (M&A) from 2025 to 2027, aiming for a significant increase in the quality and quantity of listed companies and M&A activities in the region [1][2] Group 1: Action Plan Goals - By the end of 2027, the total market capitalization of listed companies in Shenzhen is expected to exceed 20 trillion yuan, with the goal of nurturing 20 companies with a market value of over 100 billion yuan [1] - The plan aims to complete over 200 M&A projects with a total transaction value exceeding 100 billion yuan, establishing a number of industry demonstration cases [1] - A matrix of M&A funds will be developed to foster excellent fund managers, leading to the formation of a trillion-yuan "20+8" industrial fund cluster [1] Group 2: M&A Strategy - The action plan emphasizes a "new" approach to M&A, supporting leading companies in strategic emerging industries to conduct upstream and downstream acquisitions [2] - It encourages the acquisition of unprofitable high-quality assets to strengthen supply chains and enhance key technological capabilities [2] - The plan supports both private and state-owned enterprises in their transformation through M&A, particularly focusing on "specialized, refined, distinctive, and innovative" companies [2] Group 3: Market Context - As of August 31, there are 424 A-share listed companies in Shenzhen, with a total market capitalization of 11.16 trillion yuan [2]