The Shanghai Municipal Government issued the "Shanghai Action Plan to Support Mergers and Acquisitions of Listed Companies (2025-2027)" proposing to accelerate the merger of csi all share investment banking & and create a top-notch investment bank. It aims to guide investment banks in forming comprehensive service teams for mergers and acquisitions, and to regularly organize training for intermediaries such as investment banks, accounting firms, law firms, and asset appraisal institutions, enhancing their industrial control capabilities and professional services in mergers and acquisitions.
The action plan also proposes to effectively utilize the foreign direct investment (ODI) filing mechanism for cross-border merger projects in key areas, facilitating listed companies in acquiring high-quality overseas assets. It plans to introduce professional track market-oriented merger fund managers to attract and gather market-oriented merger funds, with qualified ones being included in a fast track for the establishment of private equity funds. Meanwhile, it aims to optimize the 10 billion yuan integrated circuits design industry merger fund, and establish a 10 billion yuan biomedical industry merger fund, among others.
In addition, the action plan states that by 2027, it is targeted to land a number of representative mergers and acquisitions cases in key industries, cultivating around 10 listed companies with international competitiveness in key industry fields such as integrated circuits, biomedical, and new materials, forming a 300 billion yuan merger transaction scale, activating total assets exceeding 2 trillion yuan.
