53 companies queued for merger and reorganization

Source: Internet
Author: User
According to the SFC's merger and reorganization committee announcement, September 25 will convene this year's 26th merger and Reorganization Committee working Conference, Audit Chongqing Steel and Beihai Port (000582, shares) two companies issued shares purchase assets application. As a result of the IPO moratorium and policy support, a-share market has set off a merger, reorganization and backdoor boom. The CSRC said recently that the merger and acquisition of the reorganization of the separation system will be formally implemented on October 8.  According to the CSRC, the merger and reorganization of listed companies from nine major industries and conforming to three standards will be able to enter the exemption/quick audit channel. "This may mean that a new wave of mergers and acquisitions is about to begin."  "It is a window to the sea," said one brokerage banker to reporters, for small and medium-sized enterprises and brokerage firms that have been waiting to reopen the IPO.  Qing Ke Research Center Guilly said that the current SFC for listed companies in the merger and reorganization of the normal audit is usually 20 working days or so completed, the future into the exemption/fast access, will cancel the pre-trial link, the audit efficiency will be increased by about one times. "Because the implementation of the separation system will greatly improve the audit efficiency of listed companies ' mergers and acquisitions, it is necessary to inject vigor into the already active listed companies ' mergers and acquisitions and the Chinese mergers and acquisitions market."  "Guilly said.  He also judged that the implementation of the merger and reorganization Audit system would further enhance the activity of the domestic mergers and acquisitions market and add weights to the 2013 merger transaction level beyond 2012. Bohai Securities Xiaixiaodong that many enterprises often through mergers and acquisitions to achieve rapid leap-forward development, so the market for mergers and acquisitions of the focus on the heat has been unabated.  At the same time, the concept of restructuring at the end of the year is "hot", so the four-quarter merger and reorganization Boom will continue.  In fact, the mergers and acquisitions of listed companies have been increasing since this year.  According to the Chingko Research Center statistics, listed companies as the main acquisition and reorganization activities, the first 8 months of this year to complete the merger and acquisition of 436, the total transaction amount of 31.515 billion U.S. dollars, mergers and acquisitions than the same period last year increased significantly. At the same time, according to the Securities and Futures Commission issued the "listed companies merger and reorganization Administrative license application information and audit Schedule", as of September 18, a total of 53 companies 57 mergers and acquisitions of the list. Among the 53 companies, Australia (600336, share bar) and other companies are in the "Applicant implementation Feedback" stage; St Chenghai, Rongzhilian (002642, stock bar) and other companies in the "applicant implementation feedback in situ verification" stage; *st and *st Cheng as "  The applicant applies for the deferred reply feedback "; Tianwei video (002238, shares bar), the Chinese media (000793, shares bar) is" suspected of illegal inspection filed, suspended audit. "  In the above 53 companies ' mergers and acquisitions, can see the "helpless" to withdraw the list and was not the IPO declaration enterprises become merged companies. For example, RONGZHIFA issued a merger plan announced that will be through the non-public offering of shares to buy car network interconnection 75% Equity.  According to the information issued by the SFC, vehicle network interconnection for the IPO special financial verification in the "End of the review" of the proposed listed enterprises. In this respect, a brokerage investment banking department, said, there is the possibility of most of the mergers and acquisitions are restructured companies, the medium scale, the need for capital transformation and upgrading, but the new issue stagnation, through mergers and acquisitions to achieve asset securitization, not only save time, but also reduce costs.  At the same time, some companies that have been forced to withdraw from their reporting lists want to be able to connect with the capital markets. (Edit: Roy)

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