The "capital attraction" activity in the Yangtze River Delta is becoming increasingly active, with industrial integration as the core logic.

"Capital Attraction" has become the new tactic for local governments. According to preliminary statistics from Shanghai Securities News, since 2025, there has been an increase in cases of "state-owned institutions + industrial capital" jointly acquiring listed companies in the Yangtze River Delta region, showing a clear transition from scattered financial investment to deep industrial integration. State-owned mergers and acquisitions focus on local industry integration. So far this year, there have been a total of 17 cases of A-share listed companies being acquired by state-owned enterprises in the Yangtze River Delta region, with machinery and equipment, electronics, petrochemicals, and computer industries accounting for over half of the targets. Regional resource optimization and industrial synergy upgrade have become important directions. Industry insiders say that the new wave of mergers and acquisitions not only responds to the new policy direction of mergers and reorganizations, but also innovates the local government's investment attraction model in the context of "anti-inner loop".