The Shanxi Securities Regulatory Bureau guides the holding of a conference on the development of mergers and acquisitions and reorganization markets in its jurisdiction.

Jinshi data news on October 15th, on October 12th, the Shanxi Securities Regulatory Bureau guided the Provincial Listed Companies Association, the Provincial Securities Industry Association, and the Provincial Investment Fund Industry Association to hold a "Jurisdictional M&A Market Development Symposium" in Taiyuan. The relevant person in charge of the Shanxi Securities Regulatory Bureau emphasized at the symposium to give full play to the positive effects of Capital Market M&A and reorganization. It is necessary to actively focus on the layout of strategic emerging industries, focus on the development of new quality productive forces, and rationally plan and implement M&A and reorganization activities. It is necessary to focus on the main business, increase the integration of on-chain industrial resources, rationally increase industrial concentration, and effectively solve problems such as inter-industry competition, related party transactions, and corporate governance efficiency. It is necessary to strictly abide by the regulatory bottom line, strictly fulfill legal obligations such as information disclosure, strictly prohibit "deceptive" reorganization, and resolutely eliminate fraudulent issuance, financial fraud, and other illegal activities. It is necessary to give full play to the professional advantages of financial advisors, do a good job in information transmission and transaction matching at a high standard, fulfill their duties, and control the norms of M&A and reorganization. It is necessary to focus on the source of equity investment, increase support for fields such as technological innovation and industrial upgrading, and achieve the best investment return and help improve the win-win situation of the quality of listed companies. Securities and fund companies should also actively carry out M&A and reorganization activities in the same industry in combination with their own development strategies. As of now, four listed companies in the Shanxi jurisdiction have disclosed the implementation of M&A and reorganization plans, and the next step will be to actively promote the implementation of the plans as soon as possible in accordance with the requirements of the M&A market reform.