广东发布金融支持产业链整合兼并方案 探索将并购重组、资产盘活等纳入国企考核体系

Core Viewpoint - The Guangdong Provincial Financial Management Bureau has launched an "Action Plan" to support enterprises in optimizing their industrial chain layout through mergers and acquisitions, aiming to enhance the competitiveness and quality of the industrial chain [1][2]. Group 1: Financial Support for Industrial Chain Integration - The "Action Plan" emphasizes the importance of financial empowerment for the collaborative development of upstream and downstream enterprises in the industrial chain, focusing on directing financial resources to key areas of integration and mergers [2][3]. - The plan aims to create a world-class industrial cluster by 2027, enhancing the advantages of the Guangdong-Hong Kong-Macao Greater Bay Area and improving the efficiency of integration services [2]. Group 2: Encouragement of Mergers and Acquisitions - The plan encourages listed companies to utilize various payment tools, such as shares and convertible bonds, to facilitate mergers and acquisitions, thereby attracting more social capital and enhancing sustainable development capabilities [3][4]. - It supports the establishment of industrial merger funds by listed companies, focusing on critical upstream and downstream segments of the industrial chain [3]. Group 3: Capital Market Development - The "Action Plan" promotes the improvement of comprehensive service platforms for enterprise listings and encourages technology-driven companies to list on the Growth Enterprise Market and Science and Technology Innovation Board [4]. - Guangdong's capital market has seen significant activity in mergers and acquisitions, with over 100 transactions completed in the past year, amounting to nearly 1,000 billion [4]. Group 4: State-Owned Enterprise Resource Integration - The plan includes measures to integrate quality resources within state-owned enterprises, exploring the inclusion of mergers and asset revitalization in their performance evaluation systems [5][6]. - It highlights the importance of using existing financing platforms for asset restructuring and equity swaps to enhance asset securitization levels [6]. Group 5: Recent Mergers and Acquisitions Examples - Notable recent mergers include Guangdong Hongda's acquisition of Xinjiang-listed company Xuefeng Technology for 2.2 billion, enhancing its production capacity [6]. - Another example is the acquisition of Hong Kong-listed company Yuefeng Environmental by Hanlan Environment for 11.1 billion HKD, expanding its operations across 54 cities [6].