한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina
however, there are still some questions in the market, such as the lack of standardization and cases of mergers and acquisitions of listed companies, as well as the need for further improvement in restructuring plan design and information disclosure.
taking cases as a guide, we will promote the implementation of more representative cases
"a guide to mergers and acquisitions and restructuring" is such a "guide". it provides a reference for listed companies in need to design restructuring plans by selecting cases with different transaction realities, such as absorption mergers between a-share listed companies, overall listing of parent companies, and absorption and mergers of a-share listed companies by h-share companies to achieve "a+h" dual listings.
in addition, the "eight articles on the science and technology innovation board" clearly support science and technology innovation board-listed companies to focus on enhancing their sustainable operating capabilities and acquiring high-quality, unprofitable "hard technology" companies, which further promoted the development of capital market restructuring.
the value of restructuring cases: exploring new paths and creating new competitive advantages
in recent years, star market listed companies have made significant progress, disclosing 6 major asset restructuring and asset purchase cases by issuing shares (including convertible bonds), with a total transaction amount of 2.364 billion yuan, and the number and scale of transactions have exceeded the full year of 2023. among them, mindray medical's acquisition of huitai medical and puyuan jingdian's issuance of shares to acquire a minority stake in a subsidiary have demonstrated the vitality of restructuring.
regulatory policies: steadily advancing and building a fair and stable market environment
regulatory authorities are also actively promoting the healthy development of capital market restructuring by answering questions from market players and providing policy dissemination support through visits, surveys, training seminars, etc.
at the same time, market-oriented trading arrangements and innovative solutions set up in accordance with regulations empower the market and promote the implementation of more representative cases.
in short, capital market restructuring is in a rapid development stage. with the support of regulatory policies, market players are actively exploring merger and reorganization plans to promote the high-quality development of listed companies. this is not only an effective way to enhance market competitiveness, but also lays the foundation for building a more fair and stable market environment.