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The Impact of Mergers and Acquisitions on the Internationalisation Level of Enterprises--The Case of Sany Group
- 1 Quanzhou NO.5 High School
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Abstract
As the cornerstone of China's engineering construction, the construction machinery industry plays an important role in the process of foreign trade and export. This fully reflects the important demand for China's construction machinery industry, but also shows the important position of the industry in the international market. At present, China's construction machinery market is open to the outside world, the domestic and foreign construction machinery market competition is fierce, many scholars on China's construction machinery export trade situation and ways to improve the enterprise's global market share to do in-depth research. In this paper, we find that Sany Heavy Industry is ranked in the top of the global construction machinery manufacturers, brand, scale, technology than other domestic construction machinery enterprises have advantages, from the perspective of Sany Heavy Industry through cross-border mergers and acquisitions to improve the level of internationalisation, through a combination of quantitative and qualitative methods, to provide assistance to the international development of China's small and medium-sized construction machinery enterprises.
Keywords
cross-border mergers and acquisitions (M&A), internationalisation level, operating income, international income
[1]. Wang H.(2022). Research on the impact of cross-border mergers and acquisitions on internationalization and financial performance of Sany Heavy Industry (Master's thesis, Zhongnan University of Economics and Law).
[2]. Yu N. (2019). Research on the Influencing Factors of China's Export Trade of Construction Machinery Products (Master's thesis, University of International Business and Economics).
[3]. Yang M. (2021). Analysis and Implications of Sany Heavy Industry's Business Strategies in the Context of Economic Downturn (Master's thesis, Xinjiang University of Finance and Economics).
[4]. Gao G. (2021). Research on the Foreign Trade Potential of China's Construction Machinery (Master's thesis, Guangxi University for Nationalities).
[5]. He J. (2022). A Review of Research on the Motivation and Risk of Corporate Cross-border Mergers and Acquisitions. Mall Modernization (18), 74-76.
[6]. Li X. (2020). Study on the Influencing Factors of China's Export Trade of Construction Machinery Products (Master's thesis, Shenzhen University).
Cite this article
Jiang,C. (2024). The Impact of Mergers and Acquisitions on the Internationalisation Level of Enterprises--The Case of Sany Group. Advances in Economics, Management and Political Sciences,73,66-71.
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Volume title: Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
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