A-share listed companies rushed over 700 billion yuan during the year

The average cross-border M 5 from wind and water regulators <br> <br> With deregulation policy and economic restructuring, industrial restructuring and pull on a daily basis, when the A-share market this year, M & A events have occurred, increasingly The more listed companies are keen to use this to complete the strategic expansion.

According to the statistics of the reporters, as of yesterday, A-share listed companies launched a total of 1584 single-merger transactions during the year, an increase of 26.7% over the same period of the previous year, equivalent to an average of 5 mergers and acquisitions per day; the total disclosed value of these transactions has exceeded 706.5 billion yuan. , a surge of 48.7% over the same period last year. Of these M&A transactions, 633 have been completed, 40 have failed, and the remaining 911 are still in progress.

From the perspective of the industry that initiated the merger and acquisition this year, it is involved in real estate, energy, minerals, biomedicine, machinery, chemicals, environmental protection, military industry, and cultural media.

For biopharmaceutical listed companies, as of yesterday, 139 M&A transactions have been initiated during the year, of which 10 involved major asset acquisitions, with a total value of over 27.35 billion yuan. Since November alone, there have been five A-share pharmaceutical listed companies, namely Renfu Medicine, Xinhua Pharmaceutical, Lepu Medical, Xinlitai and Fuan Pharmaceutical, which announced the acquisition.

Cultural media listed companies are also a beautiful landscape in the M&A market this year. According to statistics, cultural media companies have initiated 59 M&A transactions, of which 9 involved major asset acquisitions, with a total value of over 23.49 billion yuan. Among them, the highest value of the transaction target is the package acquisition plan initiated by Huawen Media in May this year, with a total consideration of 2.8 billion yuan.

It is worth noting that a prominent phenomenon in the M&A market this year is that the cross-border mergers and acquisitions of listed companies have become more and more popular. For example, Huangshi Dairy announced on November 3 that the major asset restructuring of the company intending to purchase 100% equity of Yujia Film and Television Group Co., Ltd. by way of issuing shares and paying cash was officially approved by the CSRC. Public information shows that in order to enter the film and television circle, the cost of funds paid by Huangshi Dairy and its major shareholders exceeds 900 million yuan. Similarly, the current main business is aluminum foil, air-conditioning coated aluminum foil, aluminum and other listed companies * ST Chang Aluminum announced on November 8 restructuring plan, the company and its wholly-owned subsidiaries intend to acquire Shanghai through the issue of shares and cash 100% equity of Langmai Clean Technology Co., Ltd. and raised matching funds. After the completion of the restructuring, the company's business scope will cover the pharmaceutical industry.

For some listed companies in the traditional industry, why are they so keen on cross-border mergers and acquisitions, analysts said that in addition to industrial transformation, the search for new profit points, there are also the desire and impulse of market value management. From a realistic perspective, cross-border mergers and acquisitions have indeed become the trigger point for the soaring share prices of many listed companies. So before the Shenke shares acquired Hairun Film and Television, after the resumption of trading, they rushed 11 daily limit. Even some of the companies that eventually suffered from Waterloo’s share price could “fly”. A typical example is Taiya shares. After the announcement of the termination of the acquisition of Huanrui Century on September 11 and the resumption of trading, the company's share price has continued to climb all the way, and is still up more than 50% before the suspension.

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