Fujian accelerates the establishment of a 10 billion yuan provincial-level merger and acquisition fund to serve technology companies.

The Office of the People's Government of Fujian Province issued "Several Measures for Further Promoting the High-Quality Development of Capital Markets Serving Technology-Based Enterprises" on the 12th, including increasing support for enterprise mergers and restructuring. The "Several Measures" consist of 12 articles, highlighting the effective use of capital market policies and tools to serve technological innovation, continuously building a capital market service system covering the entire life cycle of technology-based enterprises, and strongly supporting the high-quality development of technology-based enterprises. In terms of increasing support for enterprise mergers and restructuring, the "Several Measures" propose to accelerate the establishment of a 10 billion yuan provincial-level merger and acquisition fund, support cooperation between provincial financial investment companies, provincial investment groups, high-quality technology-based listed companies, leading manufacturing enterprises, and key enterprises, leverage the advantages of Fujian as a hometown of overseas Chinese, and attract overseas capital participation.