深圳再出方案推动并购重组，科技类公司成支持重点

Group 1 - Shenzhen's local financial management bureau has issued an action plan to promote high-quality mergers and acquisitions (M&A) from 2025 to 2027, focusing on new productive forces in strategic emerging industries such as integrated circuits, artificial intelligence, new energy, and biomedicine [1] - The plan encourages leading companies to engage in upstream and downstream M&A to enhance key technology levels and strengthen industrial chains, aiming for over 100 M&A projects and a total transaction value exceeding 30 billion by the end of 2027 [1] - The action plan also supports private enterprises in pursuing M&A for industrial transformation and upgrading, as well as state-owned enterprises in strategic restructuring and professional integration [1] Group 2 - Open Source Securities indicates that since 2025, there has been a surge in policies supporting M&A for technology enterprises, with state-owned enterprises expected to lead the next wave of M&A due to various reforms and market conditions [2] - The firm suggests three potential M&A targets: state-owned enterprises with plans to enhance valuations through M&A, technology companies focused on core technology breakthroughs, and companies with strong M&A expectations that have undergone sufficient adjustments [2] Group 3 - Lihe Science and Technology, a Shenzhen venture capital company, has invested in and incubated several enterprises in the fields of embodied intelligent robots and industrial component design driven by intelligent technology [3] - New China Science and Technology is a state-owned enterprise under the Shenzhen State-owned Assets Supervision and Administration Commission, primarily engaged in network visualization and related services [4]