Fan Shukui, President of the All-China Mergers and Acquisitions Association: Since the implementation of the new merger and acquisition rules, 308 listed companies in Zhejiang have completed 532 mergers and acquisitions with a total value of 129.4 billion yuan.

Feng Shukui, the president of the All-League Mergers and Acquisitions Association and chairman of Zhonglian Asset Appraisal Group, said today that since the implementation of the new round of merger and acquisition regulations, 308 listed companies in Zhejiang Province have conducted a total of 532 mergers and acquisitions, with a total amount reaching 129.4 billion yuan. Among them, there were 22 major asset reorganizations with a total amount exceeding 24.7 billion yuan.