Founded in 1999, Guangzhou Enterprises Mergers and Acquisitions Services (GEMAS) is a comprehensive property rights exchange that has passed state level acceptance. As a vice president unit of “Chinese State-owned Property Exhange Association”, GEMAS is positioned as a third-party transaction public service platform that serves the government and the real economy, aiming to construct a multi-dimensional financing system as a capital market featured in infcormation- transparent, resource-sharing, and capital-circulation. GEMAS gives play to the decisive role of market in resource allocation, organizes all kinds of equity exchange at fair prices, and serves the transformation of state-owned cpital as well as the new normal of economic development.