媒体视点 | 政策助推资本循环加速 广东并购重组驶入“快车道”
证监会发布·2025-07-04 10:54

Core Viewpoint - The Guangdong merger and acquisition (M&A) market is experiencing significant activity, with over 20 major asset restructuring transactions completed, showcasing a rapid acceleration in capital circulation and a strong performance in the sector [1][3]. Group 1: M&A Activity and Impact - Guangdong has disclosed 227 M&A transactions since the release of the "M&A Six Guidelines," involving a total amount of 78 billion yuan, reflecting a vibrant market [1][3]. - Notable cases include the first 10 billion-level "A acquiring H" deal and the first cross-border transformation project, which have helped companies achieve resource integration, business synergy, and enhanced market competitiveness [3]. - Companies like TCL Technology have executed two major acquisitions within six months, strengthening their core competencies and technological capabilities [3]. Group 2: Policy Support and Market Activation - Guangdong has issued measures to support high-quality capital market development, encouraging local governments to enhance policies for M&A activities, particularly for technology and traditional industries [5]. - The Guangdong Securities Regulatory Bureau has established a dedicated working mechanism to support listed companies in their M&A efforts, including tailored solutions for individual companies [5][6]. - A comprehensive service platform has been created, involving various stakeholders such as investment platforms, industry groups, and professional service institutions to improve M&A efficiency [6]. Group 3: Regional Advantages and Future Outlook - Companies in the Guangdong-Hong Kong-Macao Greater Bay Area are increasingly looking to expand overseas, driven by the need for development and risk management in a complex international environment [8]. - The region boasts a strong manufacturing base with numerous high-quality listed companies capable of effectively utilizing M&A tools to expand their industrial chains [9][10]. - The Guangdong government is committed to supporting M&A activities, focusing on technological innovation and industrial upgrades, while ensuring compliance and enhancing the quality of listed companies [10].