并购重组跟踪（二）

Group 1: M&A Dynamics Overview - During the week of December 23-29, there were a total of 101 M&A events involving listed companies as acquirers, a decrease of 10 events week-on-week. Among these, 23 were significant M&A events, an increase of 2 from the previous week. A total of 25 M&A events were completed, which is an increase of 5 week-on-week, with 1 significant M&A event completed [7][14][15]. Group 2: Policy Updates - The China Securities Association revised the "Negative List for Non-Public Issuance of Corporate Bonds," proposing to add an exemption clause for issuers engaging in M&A of distressed companies to support reasonable financing needs for risk mitigation [6]. - The People's Bank of China released the "China Financial Stability Report (2024)," which aims to improve policies regarding mergers and acquisitions, guiding leading companies to enhance integration within the industrial chain and broaden diversified exit channels [6]. Group 3: Major M&A Events - The report highlights several major M&A events, including: - Zhongzhong Water's intention to acquire 51% of Zhuji Wenshenghui [19]. - Zhizheng Co. planning to acquire 99.97% of AAMI [19]. - Hongchuang Holdings' plan to acquire 100% of Hongtu Industry [19]. - Huaihe Energy's intention to acquire 89.3% of a power group [19]. - Gree Real Estate's plan to acquire multiple companies' controlling stakes [19]. Group 4: Control Changes - There were 9 instances of actual control changes disclosed last week, with notable cases including Huada Jiutian and ST Hongtai, which saw state-owned enterprises take control [33].