As the year-end approaches, the banking industry is accelerating its pace of innovation in the field of merger and acquisition finance, with a series of landmark "first" projects being launched intensively. For example, Beijing Bank issued the first digital RMB merger loan for technology enterprises in Hunan Province; SPD Bank's Suzhou branch completed the country's first merger financing for a thermal power holding real estate ABS project, among others. Since the beginning of this year, in addition to the continuous launch of innovative "first" projects, a more significant trend is that several banks have held a series of high-profile forums and closed-door seminars specifically for the merger and acquisition finance sector for the first time. This trend indicates that the strategic focus of the banking industry is shifting from past case-by-case operations to systematic ecological construction and market layout