Experience And Enlightenment Of Overseas Merger And Acquisition On Hanergy Holding Group Limited

Transnational M&A has been a powerful means of large foreign enterprises to expand the scale of enterprises, improve the international competitiveness of the international market and compete for market share with the international competitors and it becomes necessary for enterprises to have a piece of space in the world in the 21 st century.This paper studies on the processes of M&A of Hanergy Holding Group Limited in recent years.As a typical representative of Chinese enterprise to conduct M&A,Hanergy Holding Group Limited creates the history of overseas M&A of China and subvert the statues of M&A. The successful experience of Hanergy Holding Group Limited not not only has strategic significance for its future development, but made their energy industries and enterprises to enlightenment.First of all, this paper discusses foreign and domestic development history and current situation of cross-border mergers and acquisitions. Then discusses the connotation,significance and characteristics of technology acquisition which is a major content of mergers and acquisitions.Secondly,I introduce the establishment,development process and current situation of Hanergy Holding Group Limited,as well as its four overseas acquisition process and results.Furthermore,I use the SWOT analysis method to analyze the advantages, disadvantages,opportunities and challenges of Hanergy Holding Group Limited in its M&A with the data which was collect by investigation.Finally, I get the conclusion by the above analysis and summarizes the inspiration to Chinese enterprises from Hanergy Holding Group Limited’s successful experience.