Core Viewpoint - The Financial Regulatory Bureau has revised the "Guidelines for Risk Management of Mergers and Acquisitions Loans by Commercial Banks" to form the "Management Measures for Mergers and Acquisitions Loans by Commercial Banks," aiming to optimize M&A loan services and support the construction of a modern industrial system and new productivity development [1] Group 1: Scope and Requirements - The revised measures expand the applicable scope of M&A loans to include certain equity-based acquisitions in addition to controlling acquisitions [1] - Differentiated operational qualification requirements are set for commercial banks engaging in controlling and equity-based M&A loan businesses, based on regulatory ratings and key prudential indicators [1] Group 2: Loan Conditions and Assessments - The measures optimize loan conditions by increasing the upper limit of M&A loans as a percentage of the transaction price and extending the maximum loan term to better meet reasonable financing needs of enterprises [1] - Emphasis is placed on assessing the debt repayment capacity of the acquirer, considering the risks associated with the M&A transaction, and evaluating the future development prospects, synergy effects, and operational efficiency of the acquired entity [1]