What does the phantom of the merger mean?

The phantom of M&A refers to the intensive action in March, which is just a microcosm of the active state-owned assets in China's capital market. Shandong Business Daily reporter noted that since 20 18, state-owned assets at all levels in Qingdao, especially city investment companies, have shown strong interest in the capital market, and the phantom of mergers and acquisitions has frequently appeared.

For example, at the beginning of 20 18, Qingdao Global Fortune Center Development and Construction Co., Ltd. (hereinafter referred to as "Qingdao Fortune Center"), as a city investment platform in Laoshan District of Qingdao, acquired 22.0 1% shares of listed companies through its subsidiary Qingdao Huilonghuaze Investment Co., Ltd. and became the second largest shareholder.

In June of that year, Qingdao Fortune Center went to the next city and acquired teng letter (300392. SZ), a listed company in Beijing, became the second largest shareholder through its subsidiary Qingdao Haoji Asset Management Co., Ltd., and said that it is possible to further increase its holdings in the future.

20 19, Hengshun Zhongsheng (300208. SZ), a listed company in Qingdao, announced its name change at the beginning of the year. At the end of 20 17, this company was acquired by Qingdao Urban Construction Investment (Group) Co., Ltd., another big city investment company in Qingdao, and changed from a private listed company to a state-owned holding company.

As for the reason for the name change, Hengshun Zhongsheng said that with the further development and promotion of domestic and overseas business, the company has gradually transformed into a diversified, multi-level and comprehensive multinational enterprise focusing on R&D and China power equipment manufacturing and large-scale complete equipment assembly and sales, and laying out mineral operation, park development and EPC general contracting of power projects overseas around power advantages.

2065438+March 2009, Meida announced that Qingdao Jimo Chengtou New Kinetic Energy Industry Development Support Investment Management Center, which was jointly funded by Jimo District and Qingdao Chengtou Group, signed a debt investment agreement with Qingdao Changsheng Ridian New Energy Holdings Co., Ltd., the controlling shareholder of the company, which will provide the latter with financial support of no more than 800 million yuan to support the "prosperity department".

In addition, Jimo District also held a major event at the end of last year. In June 5438+February of that year, Chery Automobile's capital increase and share expansion project landed, and Qingdao Wudaokou New Energy Automobile Industry Fund Enterprise became its new shareholder with 5 1%. According to many media reports, Shandong Expressway Group and Jimo District are the main funders of the fund, and the transaction cost exceeds10 billion yuan.