According to data statistics from Tonghuashun iFind, as of August 12, A-share state-owned listed companies have disclosed 54 merger and acquisition transaction plans during the month, using the date of the first announcement as the statistical basis. Looking at the long-term timeline, up to August 12 this year, excluding cases of failed transactions, A-share state-owned listed companies have disclosed a total of 1008 merger and acquisition transaction plans, of which 256 have already been completed. Zhu Changming, partner of Sunshine Times Law Firm and head of the State-owned Enterprise Mixed Reform Center, said that judging from the data, the mergers, acquisitions and restructuring of state-owned enterprises have entered a period of accelerated implementation. This is not a simple quantitative expansion, but a concentrated expression of a new round of optimization of the state-owned economy layout. Zhu Changming believes that in the next step, the focus of restructuring and integrating local state-owned enterprises is not to “choose one of two” between revitalizing existing resources and developing new quality productivity, but rather to revitalize existing resources to provide “ammunition” for transformation and upgrading, use the layout of emerging industries to open up a “new battleground” for state-owned capital, and push the two to empower each other and advance in an integrated manner under the “three concentrations” framework.

According to data statistics from Tonghuashun iFind, as of August 12, A-share state-owned listed companies have disclosed 54 merger and acquisition transaction plans during the month, using the date of the first announcement as the statistical basis. Looking at the long-term timeline, up to August 12 this year, excluding cases of failed transactions, A-share state-owned listed companies have disclosed a total of 1008 merger and acquisition transaction plans, of which 256 have already been completed. Zhu Changming, partner of Sunshine Times Law Firm and head of the State-owned Enterprise Mixed Reform Center, said that judging from the data, the mergers, acquisitions and restructuring of state-owned enterprises have entered a period of accelerated implementation. This is not a simple quantitative expansion, but a concentrated expression of a new round of optimization of the state-owned economy layout. Zhu Changming believes that in the next step, the focus of restructuring and integrating local state-owned enterprises is not to “choose one of two” between revitalizing existing resources and developing new quality productivity, but rather to revitalize existing resources to provide “ammunition” for transformation and upgrading, use the layout of emerging industries to open up a “new battleground” for state-owned capital, and push the two to empower each other and advance in an integrated manner under the “three concentrations” framework.