Since 2025, a wave of mergers and acquisitions has surged in the A-share market. With a series of policy support, the function of the capital market as the main channel for mergers, acquisitions and restructuring has become increasingly prominent. This round of mergers and acquisitions focuses on the core of “new quality productivity”, focusing on promoting the concentration of existing assets in high value-added fields. At the same time, due to various factors, many mergers and acquisitions have recently been terminated. Industry insiders pointed out that this reflects stricter regulations and a return to rational pricing, which should be viewed rationally.

Since 2025, a wave of mergers and acquisitions has surged in the A-share market. With a series of policy support, the function of the capital market as the main channel for mergers, acquisitions and restructuring has become increasingly prominent. This round of mergers and acquisitions focuses on the core of “new quality productivity”, focusing on promoting the concentration of existing assets in high value-added fields. At the same time, due to various factors, many mergers and acquisitions have recently been terminated. Industry insiders pointed out that this reflects stricter regulations and a return to rational pricing, which should be viewed rationally.