Research On The Post-merger Business Integration Of Shenzhen Kuang-chi Group

M&A is an important way for companies to develop and acquire resources.Post-merger business integration is not only the key to value creation but also an effective means to optimize the allocation of enterprise resources in the M&A process.In July 2017,Kuang-chi announced to acquire 44.38% shares of Longsheng in the name of its two subsidiaries.President Ruopeng Liu became the new owner of Longsheng.This news attracted the market's attention to the metamaterials industry and the Group itself.As an important event for the meta-materials industry to enter the A-share market,this merger is bound to change the future development of the metamaterials industry.In this thesis,it combines related theories of M&A and post-merger business integration,analyzes post-merger business integration according to the status quo of Kuang-chi's post-merger business integration,identifies the causes of business integration,plans business integration solutions,and prospects for future trends of business integration.First of all,the relevant background of the subject and object of this merger is introduced in the thesis,and the overall idea and framework of the paper is expounded.Secondly,By analysis the status quo of Kuang-chi after merger integration,and combined with related theories,we could rise the integration motivation for business integration group after the merger.At the same time,the problems of the business integration should be analyzed.Thirdly,base on the group's development strategy and integration target,combined of the group's own development situation,using SWOT and related analysis tools,the integration scheme for business could be planned and selected.Meanwhile,the specific contents of business integration could be explained from the business process re-enginerring,IT integration aspects.Finally,through the analysis of Kuang-chi's post-merger business integration,the economic value of post-merger business integration and the inspiration for future development of related industries will be expanded from the perspective of the industry and the group's own development.