以企业为伴，与科技同行，中信银行开启科技企业并购新篇章

Core Insights - The national government has increased policy support for mergers and acquisitions (M&A) since last year, with a pilot policy for technology enterprise M&A loans launched this year, signaling a clear message to the market [1][2] - The policy incentives have significantly boosted market activity, with technology companies actively pursuing M&A to integrate supply chains and address technological gaps, particularly in emerging industries such as semiconductors, new energy, and biomedicine [1][4] - Under the guidance of policy, industry demand, and capital support, a new trend in technology M&A is accelerating, injecting strong momentum into the development of new productive forces and technological self-reliance [1] Group 1: Policy and Market Dynamics - In March 2025, the National Financial Regulatory Administration introduced a pilot policy for technology enterprise M&A loans, raising the maximum loan ratio for controlling acquisitions to 80% and extending the term to 10 years, with trials starting in 18 cities [2] - CITIC Bank, as one of the first pilot banks, quickly initiated a special action for empowering technology M&A, making it a core focus for the year, achieving significant market leadership in technology M&A loans [2] - By the end of September 2025, CITIC Bank had issued 33 technology enterprise M&A loans totaling over 5.5 billion yuan, with operations established in 16 pilot cities, covering over 85% of the trial cities [2] Group 2: Financial Services and Support - CITIC Bank leverages its "full financial license + industrial ecosystem" advantage to provide comprehensive services for technology enterprises, covering the entire lifecycle of corporate development [3] - The bank focuses on different funding needs and pain points faced by technology companies at various stages, using the "M&A chain" as a focal point to offer differentiated financing solutions [3] - In May 2025, CITIC Bank hosted a summit for technology enterprise M&A, marking the official launch of its technology M&A empowerment initiative, which aims to optimize the allocation of technological resources and support the transformation of technology enterprises [3] Group 3: Sector-Specific Initiatives - CITIC Bank is strategically targeting advanced manufacturing, artificial intelligence, and high-precision technology sectors, supporting enterprises in resource integration through M&A [4] - The Suzhou branch focuses on industrial AI and high-end intelligent manufacturing, providing M&A loans to national high-tech enterprises to accelerate technological innovation [4] - The Hangzhou branch supports specialized and innovative enterprises in technology integration, collaborating with CITIC Securities and Jinshi Investment to provide integrated financial services for acquisitions in high-precision fields [4]