Policy warming is blowing frequently, and mergers, acquisitions and restructuring are picking up. According to statistics, as of April 8, over 80 companies had updated disclosure of major asset restructuring during the year, far exceeding the same period last year. Looking at the direction of mergers and acquisitions, industrial expansion and integration for the purpose of horizontal integration, industry integration, and diversification strategies has become mainstream. A person in charge of the brokerage merger, acquisition and restructuring business said that as IPO regulations became stricter, some companies switched to the merger, acquisition and restructuring circuit, and the market's willingness to do mergers and acquisitions increased markedly. While increasing inclusiveness in restructuring and valuations and enhancing policy support for mergers, acquisitions and restructuring, regulation is also cracking down on acts such as conceptual hype and backdoor listing. With active policy encouragement, it can be expected that demand for mergers, acquisitions and restructuring in the A-share market will continue to increase, and the quality of mergers and acquisitions will continue to improve. (Securities Times)