On September 3rd, China Shipbuilding and China Shipbuilding Industry Corporation announced at the same time that the two companies are planning to merge through stock exchange. This marks the beginning of asset integration for China Shipbuilding Group. This is just a glimpse of the accelerated integration of central state-owned enterprises. According to data from Zhiben Consultancy, the number of mergers and acquisitions and restructuring events in state-owned enterprises has increased by more than 120% from January to July 2024. China Rare Earth, Minmetals Group, China National Pharmaceutical Group, China Resources Group, China Telecom, and other large central state-owned enterprises are accelerating their integration and restructuring. In response to this, Luo Xinyu, the director of the Shanghai State-owned Capital Operation Research Institute, stated that mergers and acquisitions can increase industrial concentration, promote the optimization and upgrading of industrial structure, and achieve high-quality development of state-owned economy. (Securities Times)