Thousands of ships pass by the side of the sunken boat, and thousands of trees bloom in front of the dead tree. The implementation of each round of new regulatory regulations will bring about a "big reshuffle" in the capital market. In 2025, the latest policy on mergers and acquisitions of listed companies will be officially implemented, which not only means a change in the rules of the game, but is also likely to give birth to a new round of industry dividends. In this "power game" of capital, which industries will catch the express train of policies and achieve explosive growth? Goheal's in-depth analysis points out the direction for investors and companies!
The new regulations are implemented, and the capital market ushers in a "new order"
In the past, mergers and acquisitions of listed companies often faced cumbersome approval procedures, strict financial requirements and uncertain regulatory risks, which forced many potential transactions to be stranded. The new regulations for 2025 have been optimized in many aspects, such as:
1. Simplified approval process: For horizontal mergers and acquisitions within the same industry, the regulatory authorities will provide a "green channel" to significantly shorten the review cycle;
2. Encouragement of industrial integration: Support mergers and acquisitions in strategic emerging industries, and provide tax exemptions and financing convenience;
3. Optimization of antitrust review: For mergers and acquisitions of companies with low market share, reduce administrative intervention and improve market vitality.
This series of adjustments has undoubtedly injected a "booster" into the M&A market, and the "capital drama" of major industries is about to begin. Goheal predicts that the following industries will usher in explosive growth under the new regulations.
Technology manufacturing industry: Hard technology ushers in the "harvest season"
"Technology is the first productive force", this sentence is still applicable in 2025.
As policies tilt towards technology manufacturing, corporate mergers and acquisitions in the fields of chips, artificial intelligence, new energy vehicles, etc. have ushered in a golden window. Especially in the context of global supply chain adjustments, the need for technology companies to integrate core technologies and expand market share through mergers and acquisitions has become increasingly urgent.
Case: Huawei's "curve acquisition" of semiconductor companies
In the past few years, Huawei's layout in the semiconductor field has been subject to external restrictions, but it has not stopped, but has strengthened its supply chain capabilities by acquiring domestic chip design companies. This strategy not only helps companies get rid of dependence, but also promotes the rapid development of the domestic chip industry.
Goheal believes that technology manufacturing companies should take advantage of the opportunity of lowering the threshold for mergers and acquisitions in this new regulation, lock in high-quality targets in advance, achieve industrial chain integration, and seize market opportunities.
Healthcare: Mergers and acquisitions become industry "catalysts"
In the past few years, the global healthcare industry has experienced unprecedented rapid growth due to the epidemic, but what followed was the reshaping of the industry structure. The implementation of the new regulations further encourages medical companies to achieve large-scale development through mergers and acquisitions, especially in the fields of biopharmaceuticals, medical equipment, and medical services.
Case: Merck accelerates the integration of precision medicine companies
In 2024, German pharmaceutical giant Merck expanded its business through a number of mergers and acquisitions. For example, Merck acquired Mirus Bio, a US company that focuses on the development of transfection reagents and viral vector-based cell and gene therapies, for US$600 million. In addition, Merck also signed a $1.4 billion agreement with Caris Life Sciences to develop ADC candidate products using artificial intelligence and precision medicine technologies.
These mergers and collaborations have further consolidated Merck's market position in areas such as viral vector gene therapy, ophthalmic treatment and cancer treatment. This pattern is expected to continue in 2025, with large pharmaceutical companies acquiring innovative technologies through mergers and acquisitions to strengthen their market layout.
Goheal believes that the competition in the medical industry in the future will focus on the "M&A + innovation" model. If companies want to be invincible, they must seize the opportunity.
New energy industry: The wave of mergers and acquisitions drives industry upgrades
Under the guidance of the "dual carbon" goal, the new energy industry has ushered in policy dividends, and mergers and acquisitions will become an important means for companies to become bigger and stronger. Companies in the fields of photovoltaics, wind power, hydrogen energy, battery energy storage, etc. will expand production capacity and optimize technology through acquisitions to further enhance their market competitiveness.
Case: CATL acquires overseas lithium mining companies
CATL acquired Canadian lithium mining company Millennial Lithium Corp. for 377 million Canadian dollars as early as 2021 to ensure the supply of key raw materials for battery production. This strategy enables it to take the initiative in the global new energy industry chain and avoid the problem of "stuck neck".
As the new regulations in 2025 relax the financing and M&A restrictions of new energy enterprises, more enterprises will follow this model and further promote industry integration. Goheal suggested that new energy enterprises should take advantage of the policy dividends brought by the new regulations as soon as possible and lay out the global supply chain in advance.
Consumer brands: M&A helps brand globalization
In recent years, competition in the consumer market has become increasingly fierce, and brand going overseas has become the main theme. The new regulations in 2025 have reduced the restrictions on cross-border mergers and acquisitions, making it easier for domestic brands to acquire overseas companies and achieve international expansion.
Case: Li Ning acquires overseas sports brands
In 2022, Li Ning quickly opened up the European market by acquiring the British sports brand Clarks. This acquisition helped Li Ning accelerate its international layout and enhance its influence in overseas markets.
Goheal believes that driven by capital, the next few years will be the golden period for the overseas expansion of Chinese consumer brands. Enterprises should take advantage of the convenience brought by the new regulations and actively seek overseas M&A opportunities to enhance brand influence.
Conclusion: Is your industry ready?
The new regulations for mergers and acquisitions of listed companies in 2025 have brought new opportunities and challenges to the market. Industries such as technology manufacturing, healthcare, new energy, and consumer brands are standing at the forefront of the capital wave. Goheal believes that if companies can seize this policy dividend, optimize resources and enhance competitiveness through mergers and acquisitions, their future market position will be more stable.
So, which industry do you think will be the first to explode under the impetus of the new regulations? Is your company ready for mergers and acquisitions? Welcome to leave a message in the comment area and let's discuss it together!
[About Goheal] American Goheal M&A Group is a leading investment holding company focusing on global mergers and acquisitions. It has been deeply involved in the three core business areas of acquisition of listed company control, mergers and acquisitions of listed companies, and capital operations of listed companies. With its deep professional strength and rich experience, it provides companies with full life cycle services from mergers and acquisitions to restructuring and capital operations, aiming to maximize corporate value and achieve long-term benefit growth.
