Since the publication of “Opinions on Deepening the M&A and Restructuring Market Reform of Listed Companies”, listed companies in Guangdong have disclosed 227 new mergers, acquisitions and restructuring orders, involving an amount of 78 billion yuan; they have disclosed and completed more than 20 major asset restructuring transactions, ranking first in the country. Driven by policies, the Guangdong M&A and restructuring market is showing a “tripolar breakthrough” trend of horizontal mergers and acquisitions of technology enterprises, cross-border breakdowns of traditional enterprises, and the establishment of domestic and foreign clusters by mature enterprises. TCL Technology's 10-billion-level merger and acquisition of “Double Gun” is a typical case in the field of technology integration. The investors of Hanlan Environmental Joint Industrial Fund privatized the H-share listed company Yuefeng Environmental Protection, which was the first 10 billion “A to receive H”.

Since the publication of “Opinions on Deepening the M&A and Restructuring Market Reform of Listed Companies”, listed companies in Guangdong have disclosed 227 new mergers, acquisitions and restructuring orders, involving an amount of 78 billion yuan; they have disclosed and completed more than 20 major asset restructuring transactions, ranking first in the country. Driven by policies, the Guangdong M&A and restructuring market is showing a “tripolar breakthrough” trend of horizontal mergers and acquisitions of technology enterprises, cross-border breakdowns of traditional enterprises, and the establishment of domestic and foreign clusters by mature enterprises. TCL Technology's 10-billion-level merger and acquisition of “Double Gun” is a typical case in the field of technology integration. The investors of Hanlan Environmental Joint Industrial Fund privatized the H-share listed company Yuefeng Environmental Protection, which was the first 10 billion “A to receive H”.