Group 1 - The event "Mergers and Acquisitions and Listing Practical Training Camp" was successfully held in Shanghai, attracting over 30 leaders of prospective listed companies and 12 practical mentors to discuss core issues of corporate capitalization transformation [1][2] - The 48-hour closed-door seminar focused on key topics such as listing strategy comparisons across A-shares, Hong Kong stocks, and US stocks, practical operations of mergers and acquisitions, capital exit path design, and the latest SPAC listing methods and negotiation techniques for performance clauses [3][4] - Experts shared frontline practical experiences, including case studies on merger transaction structure design and insights into the latest market dynamics for Hong Kong listings [4][5] Group 2 - Executives from listed companies shared their experiences regarding the IPO process in Hong Kong and the transformation of traditional enterprises, emphasizing that capitalization is not just a financing tool but also an opportunity for corporate governance and strategic upgrades [5][6] - A special session on cross-border capital analyzed trends in NASDAQ listings and innovative SPAC methods, providing attendees with a clear path for global market opportunities [5][6] - Participants expressed that the event clarified the core logic of capitalization and connected them with high-quality capital resources, highlighting that listing is not an endpoint but a starting point for comprehensive corporate upgrades [6] Group 3 - The Listing Company Club, established in 2023, aims to serve as a platform for linking listed companies and providing services for corporate listings, operating under a DAO organizational model with a value philosophy of "co-governance, co-construction, and symbiosis" [6]