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Here are the key messages:Advantages and complementarities of both sidesHere are the key messages:

Wanrun technology and Yangtze River storage reorganization have a high probability, but the specific process is affected by multiple factors.The two sides complement each other in the industrial chain, and the reorganization can share resources and improve competitiveness.The capital market has a high expectation of restructuring 2.

National policies support the development of semiconductor industry and encourage enterprise restructuring.