Cross-industry M&A heats up in A-shares, with tech sectors as a key focus

Over the past month or so, about 10 listed companies whose main businesses are traditional, including Xinya Process, Huazhijie, Guanxiang Technology, Yuanlin, and Andeli, have announced cross-industry acquisition plans targeting hot tech sectors such as semiconductors, PCBs, and robotics. Among them, Dongbai Group announced the termination of a planned acquisition of optoelectronic assets just three days after announcing it. Angel investor and veteran AI expert Guo Tao said that with policy incentives continuing to be released, the pace of A-share companies' cross-industry acquisitions of tech targets has accelerated significantly, but the deep barriers to cross-industry integration have not been eliminated, and past cases have generally faced the practical problems of difficult integration and weak delivery.