In order to give full play to the capital market hub function and promote industrial transformation, upgrading and high-quality development in Sichuan, the Finance Office of the Provincial Committee and the Sichuan Securities Regulatory Bureau recently issued the “Sichuan Province's Three-Year Action Plan to Promote the Listing of Companies and Mergers, Acquisitions and Restructuring of Listed Companies”. For example, in order to improve the success rate of enterprise listing, the “Plan” is clear, improving the effectiveness of government services, helping enterprises communicate with supervisory authorities in a timely manner, strengthening assistance to dismissed enterprises, and strengthening responses to online public opinion. Listed companies in Sichuan account for a relatively high share of traditional industries, and there is an urgent need to transform and upgrade to new quality productivity through mergers, acquisitions and restructuring. Based on this, the “Plan” proposes measures such as building a resource bank for mergers and acquisitions targets and promoting the establishment of industrial mergers and acquisitions funds to effectively help listed companies become stronger and better. For difficult listed companies, the “Plan” proposes work measures such as clarifying bailout responsibilities, coordinating financial bailouts, increasing industrial support, and supervising compliance and rectification. According to the goals of the “Plan”, Sichuan strives to achieve a substantial increase in the number of enterprises in the reserve enterprise resource pool for listing through three years of systematic efforts, the total market value of listed companies has remained stable or increased year by year, and the activity of mergers, acquisitions and restructuring has increased significantly, significantly improving the energy level and efficiency of enterprises in our province using the capital market, and providing solid support for the province's industrial transformation and upgrading and strong chain building.

In order to give full play to the capital market hub function and promote industrial transformation, upgrading and high-quality development in Sichuan, the Finance Office of the Provincial Committee and the Sichuan Securities Regulatory Bureau recently issued the “Sichuan Province's Three-Year Action Plan to Promote the Listing of Companies and Mergers, Acquisitions and Restructuring of Listed Companies”. For example, in order to improve the success rate of enterprise listing, the “Plan” is clear, improving the effectiveness of government services, helping enterprises communicate with supervisory authorities in a timely manner, strengthening assistance to dismissed enterprises, and strengthening responses to online public opinion. Listed companies in Sichuan account for a relatively high share of traditional industries, and there is an urgent need to transform and upgrade to new quality productivity through mergers, acquisitions and restructuring. Based on this, the “Plan” proposes measures such as building a resource bank for mergers and acquisitions targets and promoting the establishment of industrial mergers and acquisitions funds to effectively help listed companies become stronger and better. For difficult listed companies, the “Plan” proposes work measures such as clarifying bailout responsibilities, coordinating financial bailouts, increasing industrial support, and supervising compliance and rectification. According to the goals of the “Plan”, Sichuan strives to achieve a substantial increase in the number of enterprises in the reserve enterprise resource pool for listing through three years of systematic efforts, the total market value of listed companies has remained stable or increased year by year, and the activity of mergers, acquisitions and restructuring has increased significantly, significantly improving the energy level and efficiency of enterprises in our province using the capital market, and providing solid support for the province's industrial transformation and upgrading and strong chain building.