According to data from Data Treasure, a list of high-quality small and medium-sized technology restructuring potential stocks has been compiled. The statistical criteria include: a market capitalization of less than 20 billion yuan, a debt-to-asset ratio of less than 20% in this year's semi-annual report, and more than 5 rating agencies for TMT sector stocks, totaling 46 stocks. These individual stocks have a good financial foundation, and with a low debt ratio, their merger and acquisition potential is stronger, resulting in more prominent excess returns in the secondary market. From the perspective of market capitalization, stocks such as Weimao Electronics, Meideng Technology, and New Classics have market capitalizations of less than 3 billion yuan, while stocks like Yinghantong, Beilu Zhikong, Audiwei, and Dihun Network have market capitalizations of less than 6 billion yuan. Stocks with high attention such as Tianruoxin, Dingdian Software, Zhongwang Software, and Suochen Technology all have ratings from more than 10 institutions. Stocks with low debt-to-asset ratios are worth paying attention to. Among them, New Classics, Tailin Micro, Juchen Co., Ltd., and Longxun Co., Ltd. all have debt-to-asset ratios of less than 10% in their 2025 semi-annual reports. In terms of stock price performance, the aforementioned 46 stocks have averaged an increase of over 35% this year, far exceeding the performance of the broader market during the same period. Stocks such as GREAT MICROWAVE, Everbright, Suochen Technology, and Gai Lun Electronics have all risen by over 90%, while stocks like Zhongshi Technology, Minxin Co., Ltd., and Yinghantong have risen by more than 50%