Investigation Report On Investment And M&A Activities Of Sichuan ZH Industry (Group) Co.

Sichuan ZH Industry (Group) Co.(hereinafter called ZH Group), is a collective enterprise specializing mainly in metallurgy, and international trade. ZH group also involves in business of real estate, hotel, futures, marine shipment and restaurant.Established in 1990,ZH group expanded from a pure international trade company to an industry group with asset value of nearly RMB1.2 billion (US$145 million) after rapid growth of 7 years. The development of ZH group is typical in the enterprises founded in the 1990s in China. Through investigation and study on the investment management, financing methods and activities of M&A of ZH group, we can find out the reason why ZH group succeeded and failed and how ZH group cope with the difficulties and overcome it. Then from the investment financing and M&A experiences of ZH group, we will try to find the right way of investment, financing management and try to avoid the same errors ZH group has made. In order to fully understand the investment, financing and M&A situation of ZH group, the author has done a lot of work, gathered and studied all files, reports and finance data of ZH group.In this report, the author focuses on the study of the investment strategy decisions,financing and M&A methods of ZH groupThis report is divided into three parts:Chapter 2: to introduce the group structure, history of investment and financing, and to analyze the reason why it failed in its investment. Chapter 3: to analyze the M&A activities of ZH group(mainly about the ChongQin ZH aluminium) and make a deep study about how ZH group actualize its M&A work.Chapter 4: to summarize experiences enterprises should pay attention to from the experience from ZH group. Because of the length and the focus of this report, the author doesn't go further into the details of how ZH group make the other M&A activities except for the ChongQin ZH aluminium.