Since the beginning of this year, public offering Institutions have actively participated in private placements of listed companies. By April 25, a total of 18 public offering Institutions have participated in private placements of listed companies this year, with total subscriptions exceeding 8.5 billion yuan. Industry insiders interviewed believe that the active participation of public offering Institutions in private placements is a result of various factors, including policy support and strong corporate financing demand against the backdrop of industrial upgrading. Currently, 'new quality productivity' is becoming a key term in private placement investments, and under the catalysis of policies such as the 'Six Guidelines on Mergers and Acquisitions', future opportunities in the private placement market are worth paying attention to. (Securities Daily)