On May 5th, 2015, Listed Company M&A and Reorganization Forum, co-sponsored by the Listed Company Association of Zhejiang and Hangzhou Daily in Hangzhou, releasedwhite paper of Hangzhou Listed Company M&A 2014, which ranks intermediaries involved in M&A as following:
• China Enterprise Appraisals Consultation Co., Ltd. ranks first in asset evaluation agencies
• Guantao ranks first in law firms
• Pan-China Certified Public Accountants ranks first in accounting firms
• Goldman Sachs ranks first in buyer’s financial counsel
The white paper also analyzes classic M&A cases and praises Guantao's change of actual controller of Hundsun Technologies Inc. case as an excellent capital market case.