The upgraded version of the technology enterprise merger and acquisition loan pilot program, eagerly awaited by enterprises and rapidly promoted by banks, has been implemented

On March 19th, the pilot program for technology enterprise merger and acquisition loans has been relaxed for more than ten days and has blossomed in multiple locations across the country. In recent days, commercial banks in Shanghai, Hangzhou, Hefei, Qingdao, Chengdu and other places have implemented the latest policies to increase loan ratios and extend loan terms for technology enterprise mergers and acquisitions, benefiting a number of private listed companies and specialized new enterprises. Mergers and acquisitions are important means for technology companies to acquire advanced technology and enhance their competitiveness. Several industry insiders believe that moderately relaxing the financing restrictions for technology companies’ mergers and acquisitions is expected to activate the activity of the M&A market and bring new opportunities for banks. (Shanghai Stock News)

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