在成熟的资本市场,并购基金一直都是私募股权基金的主流形式,在目前国内经济环境发展下,并购市场交易活跃,并购基金为企业获取资金来源开启了新的方式。本文以暴风科技公司与中信资本合作设立的上海隽晟基金为例,分析了上市公司设立并购基金的组织与运营模式及并购基金为公司发展带来的优势。 In mature capital markets, M & A funds have always been the mainstream form of private equity funds. Under the current domestic economic environment, the M & A market is active in trading and M & A funds open up new ways for enterprises to obtain funding sources. This article takes the example of Shanghai Jinsheng Fund established by the cooperation between Storm Technology Company and CITIC Capital, and analyzes the organization and operation mode of M & A funds established by listed companies and the advantages brought by M & A funds for the development of the Company.