The activity level of the mergers and acquisitions market is accelerating, with an increasing number of cases of listed companies absorbing and merging

The activity level of the mergers and acquisitions market is accelerating, with an increasing number of cases of listed companies absorbing and merging. Some cases involve cross-industry and cross-market mergers, showing characteristics such as accelerated industrial integration and diversified payment methods. Recently, another cross-market merger case has emerged. ZOD announced that it received a notice from its controlling shareholder, planning to conduct a major asset restructuring with ZHEJIANGEXPRESS. The transaction method involves ZHEJIANGEXPRESS issuing A-shares to all shareholders of ZOD, absorbing and merging ZOD through a share swap. Traditional industries achieve the transformation of old and new driving forces through the transfer of control, while cross-market mergers reflect the deepening interconnection of capital markets. An investment banker from a brokerage pointed out that cross-market and cross-industry integration is the result of policy guidance, industrial upgrading, and market environment resonance. Cross-market share swap mergers can enable the target company to obtain listing qualifications in another market, alleviate the financing pressure brought by the merger, reduce market concerns about the return of large-cap stocks, and promote the convergence of A and H share valuations