长三角地区是中国经济最活跃的区域之一，也是并购活力涌动的沃土。12月8日，同步发布的长三角区 域并购子指数显示，截至2025年三季度，长三角区域子指数同比增幅达42.4%，其中，上海子指数表现 尤为突出，同期增幅达77.2%。2024年第四季度至2025年前三季度，长三角地区并购交易完成数量占全 国总量的45%，交易金额占比达60%，长三角三省一市共同构成全国并购市场的主要增长极。 作为扎根上海的全国性股份制商业银行，浦发银行2025年年内投放并购贷款目前突破千亿元大关，余额 超2400亿元，居股份制商业银行前列。并购重组在企业转型升级过程中是重要驱动力量，以产业协同、 战略协同为目标的并购已经成为主流。基于此，浦发银行致力于成为并购金融首选银行，打响"要并 购，选浦发"品牌，以数字化平台为底座、生态化协同为载体、标杆化服务为牵引，举全行之力打造"商 行+投行+生态"的综合服务模式，构建"4+8+16+N"并购金融服务体系。 12月8日，以"并购助力产业升级生态聚力势能重塑——中国机遇与实践"为主题的2025年并购金融大会 在上海举行，浦发银行为本次大会协办单位。活动现场，"中国并购综合指数（2025）"对外 ...

转自：新华财经 当下，并购重组已成为推动科技创新、驱动产业升级、培育新质生产力的关键引擎。在上海"并购十二 条"发布一周年之际，2025年并购金融大会将于12月8日在上海举办。本次大会由新华社上海分社、中国 经济信息社上海总部主办，浦发银行协办。届时，政产学研各界嘉宾将齐聚一堂，聚焦"并购助力产业 升级，生态聚力势能重塑——中国机遇与实践"主题展开深度探讨，现场还将发布"中国并购综合指 数""并购联盟支持上海国际金融中心建设行动方案"等重磅成果，凝聚多方合力，为新质生产力发展注 入澎湃金融动能。 赋能创新，加速打造全球并购中心 近年来，我国围绕资本市场改革与并购重组密集出台一系列重磅支持政策，新"国九条""科八条""并购 六条"等政策相继落地。随着政策红利持续释放，围绕硬科技领域的并购重组日趋活跃，集成电路、生 物医药、人工智能、新能源等行业的一批龙头企业通过并购实现跨越式发展。 上海紧跟步伐、积极响应，在全国率先制定出台《上海市支持上市公司并购重组行动方案（2025-2027 年）》。为加快打造全球并购中心，上海正依托国际金融中心资源优势，提升并购服务水平，完善并购 市场生态，服务全国，辐射全球，助力企业通 ...

Core Insights - Shanghai Pudong Development Bank (SPDB) has achieved a significant milestone in its merger and acquisition (M&A) loan issuance, surpassing 100 billion yuan in domestic and international M&A loans for the year, indicating a new level in M&A financial services [1][2] Group 1: M&A Financial Services Development - SPDB is aligning its M&A financial services with national policies such as the "National Nine Articles," "Six M&A Articles," and "Shanghai Twelve Articles," positioning M&A finance as a strategic support for modern industrial system construction [1] - The bank plans to launch the "Puying M&A" super product by 2025 and establish an M&A business center, aiming to become the preferred bank for M&A finance [1] Group 2: Key Focus Areas and Impact - SPDB's M&A financial services focus on five key areas: deepening reforms in state-owned enterprises, enhancing efficiency in listed companies, driving innovation in technology firms, optimizing cross-border enterprise supply chains, and asset allocation for private equity institutions [2] - The bank has successfully executed several influential benchmark cases, such as assisting large state-owned enterprises in enhancing industrial ecosystems and value chains, and helping semiconductor leaders improve their market position to become the second globally [2]

Core Insights - The core viewpoint of the article emphasizes that Shanghai Pudong Development Bank (SPDB) has demonstrated strong resilience and responsibility in serving the real economy while achieving steady growth in operating performance, with both revenue and net profit increasing year-on-year in the first three quarters of 2025 [1][2]. Financial Performance - For the first three quarters of 2025, SPDB reported operating income of 132.28 billion yuan, a year-on-year increase of 1.88%, and a net profit attributable to shareholders of 38.82 billion yuan, up 10.21% year-on-year, with profit growth accelerating compared to the first half of the year [2]. - The cost-to-income ratio was maintained at 27.53%, and the decline in net interest margin has significantly narrowed, indicating a stable foundation for profit growth [2]. - As of the end of Q3, the total assets of the group reached 9.89 trillion yuan, a 4.55% increase from the end of the previous year, with total loans (including discounted bills) amounting to 5.67 trillion yuan, up 5.20% [2]. Risk Management and Asset Quality - SPDB's improvement in profitability is driven by both the enhancement of interest margin structure and the optimization of income structure. The bank has effectively managed its liabilities, resulting in a year-on-year decrease of 38 basis points in the deposit interest rate [3]. - As of the end of Q3, the non-performing loan balance was 72.89 billion yuan, a decrease of 0.265 billion yuan from the end of the previous year, with the non-performing loan ratio dropping to 1.29% [3]. - The provision coverage ratio improved to 198.04%, marking the best level in nearly a decade, reinforcing the bank's sustainable development foundation [3]. Strategic Focus and Development - SPDB is focusing on key strategic areas such as technology finance, supply chain finance, and green finance, with over 70% of new loans allocated to these sectors [5]. - The bank has established a comprehensive technology finance ecosystem, serving over 250,000 technology enterprises, with technology finance loans exceeding 1 trillion yuan [5][6]. - The supply chain finance sector has seen rapid growth, with online supply chain business volume reaching 574.86 billion yuan, a year-on-year increase of 267.65% [6]. Service Enhancement and Social Responsibility - SPDB is committed to enhancing service capabilities and fulfilling its social responsibilities, integrating its development into the national development framework [8]. - The bank's regional strategy has shown effectiveness, with loans in the Yangtze River Delta region exceeding 2 trillion yuan, accounting for about 58% of the company's loan growth [8]. - SPDB aims to deepen financial supply-side structural reforms and enhance service capabilities, aligning with national planning and contributing to the construction of a financial power [9].

Core Insights - The article highlights the successful cross-industry acquisition facilitated by Pudong Development Bank's Nanning branch, supporting the development of private enterprises in Guangxi [1][2] - The bank's "Puying Mergers and Acquisitions" product aims to provide comprehensive financial services for mergers and acquisitions, integrating technology and cross-border elements [1] Group 1: Company Initiatives - Pudong Development Bank's Nanning branch has implemented a rapid response mechanism for merger services, forming a dedicated team to provide customized support for private enterprises [2] - The bank's approach includes collaboration across branches to expedite the merger process, ensuring timely assistance for the transaction [2] Group 2: Industry Impact - The acquisition allows the medical electronics company to transition strategically into a "manufacturing + education" model, addressing the need for specialized talent in the healthcare sector [2] - The initiative aims to enhance the integration of industry and education, fostering the development of skilled professionals for the medical technology field [2]

Core Insights - The importance of mergers and acquisitions (M&A) is increasingly highlighted as a key driver for corporate growth and resource optimization, especially in the context of the 14th Five-Year Plan's conclusion and the 15th Five-Year Plan's initiation [1] - The annual M&A conference held by Shanghai Pudong Development Bank (SPDB) serves as a significant platform for industry exchange, showcasing the bank's leadership in the M&A financial sector [1][2] Group 1 - The M&A business has become a crucial tool for companies to overcome growth bottlenecks and achieve leapfrog development, while also serving as a vital link for financial institutions to support the real economy and facilitate industrial upgrades [1] - SPDB has cumulatively served over 300 M&A clients, with a transaction scale exceeding 900 billion yuan and has provided over 210 billion yuan in domestic and foreign M&A loans, maintaining a leading position in the regional market [1][2] - The bank's M&A asset scale has grown from 800 million yuan in 2014 to 85 billion yuan, marking a hundredfold increase over ten years, with SPDB involved in nearly every major domestic M&A transaction, leading approximately 80% of these projects [2] Group 2 - The conference featured discussions on macro policies, technological innovation, capital logic, and market ecology, providing valuable insights for the high-quality development of the real economy [2] - SPDB aims to leverage the conference as a new starting point to focus on its M&A business, utilizing its "investment banking network" to enhance its "Pudong M&A" product advantages and to deepen efforts in technology and cross-border sectors [2]

Core Viewpoint - Shanghai Pudong Development Bank (SPDB) has demonstrated strong performance in the first half of 2025, focusing on its "digital intelligence" strategy, which has led to improved operational indicators and a solid development trend [2][3]. Financial Performance - SPDB achieved a revenue of 90.559 billion yuan, a year-on-year increase of 2.62%, and a net profit of 29.737 billion yuan, up 10.19% year-on-year as of June 30, 2025 [3]. - The total assets of SPDB reached 9.6458 trillion yuan, growing by 1.94% from the end of the previous year, with total loans (including bill discounts) amounting to 5.6349 trillion yuan, an increase of 4.51% [3]. - The total liabilities of SPDB were 8.8445 trillion yuan, up 1.46% from the end of the previous year, with total deposits of 5.5943 trillion yuan, increasing by 8.71% [3][4]. Asset Quality - SPDB's non-performing loan (NPL) ratio was 1.31%, a decrease of 0.05 percentage points from the end of the previous year, marking five consecutive years of decline [4][5]. - The provision coverage ratio reached 193.97%, an increase of 7.01 percentage points, indicating enhanced risk resistance capabilities [5]. Strategic Initiatives - The "Five Major Tracks" strategy has been effectively implemented, focusing on technology finance, supply chain finance, inclusive finance, cross-border finance, and financial asset management [5][6]. - In technology finance, SPDB served over 240,000 technology enterprises, with technology finance loans exceeding 1 trillion yuan, ranking among the top in the sector [5][6]. - The supply chain finance business saw significant growth, with online supply chain business volume reaching 358.265 billion yuan, a year-on-year increase of 382.82% [6]. Regional Development - SPDB has strengthened its position in the Yangtze River Delta region, with over 80% coverage of the top 100 counties and a loan total of 1.98 trillion yuan, up 7.50% from the previous year [8][9]. - The bank supports key industries in Shanghai, including integrated circuits and biomedicine, with a focus on offshore financial services [9]. Green Finance and Pension Services - SPDB has launched innovative green finance products, with green loan balances reaching 671.984 billion yuan, a growth of 17.75% [9][10]. - The bank has expanded its pension financial services, with personal pension accounts growing to 1.5533 million, an increase of over 50% [10].

Core Viewpoint - The article highlights the strong performance of Shanghai Pudong Development Bank (SPDB) in the first half of 2025, driven by its "digital intelligence" strategic transformation, which focuses on enhancing operational efficiency and service to the real economy [1][3]. Financial Performance - In the first half of 2025, SPDB achieved a revenue of 90.559 billion yuan, a year-on-year increase of 2.62%, and a net profit attributable to shareholders of 29.737 billion yuan, up 10.19% [3]. - As of June 30, 2025, the total assets of SPDB reached 9.6458 trillion yuan, growing by 1.94% from the end of the previous year, with total loans amounting to 5.6349 trillion yuan, an increase of 4.51% [3]. - The total liabilities of SPDB were 8.8445 trillion yuan, up 1.46%, with total deposits reaching 5.5943 trillion yuan, a growth of 8.71% [3]. Asset Quality - SPDB's non-performing loan ratio was 1.31%, a decrease of 0.05 percentage points from the end of the previous year, marking five consecutive years of decline [4]. - The provision coverage ratio improved to 193.97%, an increase of 7.01 percentage points, indicating enhanced risk resistance [4]. Strategic Initiatives - SPDB is advancing its "five major tracks" strategy, which is integral to its "digital intelligence" transformation, focusing on technology finance, supply chain finance, inclusive finance, cross-border finance, and financial asset management [5][6]. - The bank has served over 240,000 technology enterprises and has seen a significant increase in technology finance loans, surpassing 1 trillion yuan [6]. - In supply chain finance, SPDB has serviced 27,633 clients, with online supply chain business volume reaching 358.265 billion yuan, a year-on-year increase of 382.82% [6]. Regional Development - SPDB is enhancing its presence in the Yangtze River Delta region, with over 80% coverage of the top 100 counties and a loan total of 1.98 trillion yuan, up 7.50% [9]. - The bank supports key industries in Shanghai, including integrated circuits and biomedicine, with significant growth in FT deposits and loans [9]. Mergers and Acquisitions - SPDB launched the "Pu Ying Mergers and Acquisitions" brand, with domestic and foreign merger loan balances reaching 226.7 billion yuan, a growth of 9.19% [10]. - The bank's new merger loans issued in the first half of the year amounted to 51.8 billion yuan, a year-on-year increase of 19.67% [10]. Green Finance and Pension Services - SPDB's green loan balance reached 671.984 billion yuan, growing by 17.75%, positioning it among the leaders in the sector [10]. - The bank has expanded its pension financial services, with personal pension accounts growing to 1.5533 million, an increase of over 50% [10].

Core Insights - Recently, Pudong Development Bank successfully provided a 7-year merger loan support of 1.57 billion yuan for a coal industry integration project in Ningxia, with a total loan scale of 2.28 billion yuan [1] - The acquiring party is a subsidiary of a central enterprise, and the target is 100% equity of two private coal mines in the Ningxia region [1] - The bank's Yinchuan branch formed a professional service team to innovate financing solutions and efficiently completed project evaluations, showcasing its financial service capabilities [1] Industry Context - Ningxia is a significant energy base in China, accelerating the transformation and upgrading of the coal industry [1] - The Ningxia Hui Autonomous Region has been optimizing its coal industry structure through measures such as revitalizing existing resources and enhancing advanced production capacity [1] - The successful implementation of this project reflects the bank's professional advantages in merger finance and its role in supporting the real economy [1] Future Outlook - The Yinchuan branch of Pudong Development Bank plans to continue deepening financial service innovations through a "commercial bank + investment bank" model to provide robust financial support for key areas such as energy industry upgrades, state-owned enterprise reforms, and technological innovation in Ningxia [2]