On December 8, the “19th China Listed Companies Value Forum and 2025 New Quality Productivity Tour Yibin” hosted by the Securities Times opened in Yibin City, Sichuan Province. Jiang Tianfang, director of the Investment Banking Committee of Zhongtai Securities, said during the sharing that the merger, acquisition and restructuring market is in a golden period where policy dividends resonate with industry demand. We are now at the historical juncture of the successful conclusion of the “14th Five-Year Plan” and the “15th Five-Year Plan” layout, and the positioning of mergers, acquisitions and restructuring has quietly changed — it is no longer a simple tool for scale expansion, but a core gripper for helping enterprises upgrade around industrial logic.

On December 8, the “19th China Listed Companies Value Forum and 2025 New Quality Productivity Tour Yibin” hosted by the Securities Times opened in Yibin City, Sichuan Province. Jiang Tianfang, director of the Investment Banking Committee of Zhongtai Securities, said during the sharing that the merger, acquisition and restructuring market is in a golden period where policy dividends resonate with industry demand. We are now at the historical juncture of the successful conclusion of the “14th Five-Year Plan” and the “15th Five-Year Plan” layout, and the positioning of mergers, acquisitions and restructuring has quietly changed — it is no longer a simple tool for scale expansion, but a core gripper for helping enterprises upgrade around industrial logic.