Shenzhen Unveils "14 Measures for M&A," Highlights Integrated Circuit Industry
On November 27, Shenzhen released the "Action Plan for Promoting High-Quality Mergers and Acquisitions (2025-2027)" (Draft for Public Comment), which places special emphasis on industries like integrated circuits (IC). This comprehensive plan introduces 14 specific measures addressing assets, financing, support services, talent cultivation, and risk management, marking the first full disclosure of regional M&A policies since the "Six M&A Measures" were introduced.
On November 27, Shenzhen released the "Action Plan for Promoting High-Quality Mergers and Acquisitions (2025-2027)" (Draft for Public Comment), which places special emphasis on industries like integrated circuits (IC). This comprehensive plan introduces 14 specific measures addressing assets, financing, support services, talent cultivation, and risk management, marking the first full disclosure of regional M&A policies since the "Six M&A Measures" were introduced.
Key Highlights of the Action Plan
The action plan aims to accelerate high-quality development in M&A activities and includes initiatives such as:
- Creating an M&A Project Database: Establishing a repository of potential M&A targets for listed companies.
- Encouraging Strategic Transformation: Supporting listed companies in transitioning toward innovative and future-ready industries.
- Enhancing Cross-Border M&A Resources: Strengthening ties with Hong Kong's capital markets to integrate domestic and international M&A opportunities.
- Expanding Financing Channels: Diversifying funding options for M&A activities.
- Building a Leading M&A Service Center: Developing world-class services for M&A transactions.
- Strengthening Risk Prevention: Implementing mechanisms to mitigate risks in M&A activities.
Focus on Strategic and Emerging Industries
The plan emphasizes the transformation of listed companies toward strategic emerging industries and future-focused sectors. These include integrated circuits, artificial intelligence, biotechnology, and other innovation-driven fields.
Specifically, the plan encourages companies in the hard tech and “Three Innovations, Four New” categories—those with independent intellectual property, breakthroughs in key technologies, and the ability to resolve critical bottlenecks—to pursue M&A opportunities that enhance their market position.
Empowering the Greater Bay Area
By linking resources within the Greater Bay Area (GBA), the action plan seeks to amplify the region’s influence on global M&A activity. Shenzhen’s role as a hub for high-tech industries and innovation makes it a strategic base for companies aiming to expand through mergers and acquisitions.
Integrated Circuits and Emerging Technologies Take Center Stage
Shenzhen’s focus on integrated circuits underscores the city’s commitment to addressing critical bottlenecks in semiconductor development. By channeling M&A activities toward industries with high technological barriers and strategic importance, the plan supports China’s broader goal of achieving self-reliance in key technologies.
Shenzhen’s Vision for High-Quality M&A Development
Shenzhen’s "14 Measures for M&A" offer a forward-looking framework to drive growth in emerging industries, strengthen cross-border collaboration, and create a vibrant ecosystem for M&A activities. By focusing on strategic sectors like integrated circuits and artificial intelligence, Shenzhen is poised to lead in high-tech innovation and industrial transformation.
