The first stock acquisition on the Beijing Stock Exchange has been completed, with Bying Technology intending to "acquire" ZhiXing shares.

Driven by the "Six Policies for Mergers and Acquisitions", the mergers and acquisitions in the Beijiao Stock Exchange market continue to advance, with the first transaction using stock issuance to acquire a New Third Board company officially disclosed. According to the latest announcement from Bingyang Technology, the company plans to acquire 100% equity of Zhixing Shares through "issuing shares + paying cash" and raising matching funds. If the acquisition is completed, it will become the first case of a Beijiao Stock Exchange company issuing shares to acquire a New Third Board company. Earlier, Keda Automation acquired 51% equity of Hunt Map Technology for 209 million yuan, completed the transfer registration at the end of last year, and became the first case of a Beijiao Stock Exchange company acquiring a New Third Board company. It is worth mentioning that the target company Zhixing Shares, which is being acquired, has also previously aimed to be listed on the Beijiao Stock Exchange. Data shows that since 2021, the company has submitted IPO counseling materials multiple times, changed its sponsoring brokers during this period, all targeting the Beijiao Stock Exchange, but ultimately all counseling actions were terminated.