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Third, the transaction volume of the two cities has returned to the level of 2 trillion, and the market can be abundant, which is not a concern.First, the plan mentioned that by 2027, we will strive to land a number of representative M&A cases in key industries, form a M&A transaction scale of 300 billion yuan, and activate total assets of over 2 trillion yuan;First, the plan mentioned that by 2027, we will strive to land a number of representative M&A cases in key industries, form a M&A transaction scale of 300 billion yuan, and activate total assets of over 2 trillion yuan;

Third, the transaction volume of the two cities has returned to the level of 2 trillion, and the market can be abundant, which is not a concern.Third, the transaction volume of the two cities has returned to the level of 2 trillion, and the market can be abundant, which is not a concern.First, the plan mentioned that by 2027, we will strive to land a number of representative M&A cases in key industries, form a M&A transaction scale of 300 billion yuan, and activate total assets of over 2 trillion yuan;

Second, the key areas mainly involve integrated circuits, biomedicine, new materials and other industries. Make good use of the 10 billion yuan integrated circuit design industry M&A fund and set up a 10 billion yuan biomedical industry M&A fund;Third, the transaction volume of the two cities has returned to the level of 2 trillion, and the market can be abundant, which is not a concern.It is worth noting that the action plan ranks biomedicine in the second place, and sets up a 10 billion biomedical industry M&A fund, which is basically the same as the status of integrated circuits. In addition, the action plan puts the merger of securities companies at the end, and its status has declined.