Research On The Risk Prevention Of Luoyang Molybdenum Industry's Continuous Transnational Mergers And Acquisitions

In recent years,as China's President Xi Jinping's “Belt and Road”initiative has been proposed and implemented,it has provided more opportunities for Chinese companies to obtain overseas resources and market shares,so that many Chinese companies have sufficient confidence,courage and capital to “go global”.Then realize the global strategy of industrial layout.According to the practice of Chinese enterprises in recent years,it can be seen that this method of cross-border mergers and acquisitions helps to achieve diversified development of enterprises,adjust and optimize the industrial structure,and increase the international market share.Cross-border mergers and acquisitions are not only conducive to improving the competitiveness of Chinese companies in the global market,but also to increase the company's global share of resources,to establish a foothold in the international market at a lower cost and in a shorter time,and to achieve more capital for the company accumulate and lay the foundation for technological innovation.Since the founding of New China 70 years ago,a full range of non-ferrous metal industry systems have been gradually established.In recent years,with the gradual improvement of China's non-ferrous metal industry's resource support,global technology guidance,international market influence,and industrial cultural appeal,it has laid a solid foundation for building a strong country in the non-ferrous metal industry,and is gradually moving towards the top in the world.Non-ferrous metal power status.By analyzing the cases of cross-border mergers and acquisitions of Chinese non-ferrous metal enterprises in recent years,we can see that cross-border mergers and acquisitions hide many potential risks.If these risks are not effectively prevented,it will not only lead to the failure of mergers and acquisitions,but also endanger and affect the future development of enterprises.Therefore,this thesis not only studies specific cases of cross-border mergers and acquisitions,but also summarizes the precautionarymeasures faced by the enterprise in the face of mergers and acquisitions risks,and provides some reference experience for the relevant non-ferrous metal companies' cross-border mergers and acquisitions activities.The topic discussed in this thesis is to study the potential risks and preventive measures of enterprises in implementing cross-border continuous mergers and acquisitions.First,it describes in detail the changes in the number and amount of cross-border mergers and acquisitions of Chinese enterprises in recent years,which leads to the research background and significance of this thesis,and then summarizes the literature on cross-border mergers and acquisitions risks and risk identification and prevention by scholars at home and abroad.Secondly,it introduces the concept,characteristics,drivers and assessment methods of cross-border mergers and acquisitions risks,and prepares for the case study below.Then,starting from the case,first introduce the current situation,motivations and processes of the merger and acquisition parties of Luoyang Molybdenum's cross-border mergers and acquisitions of AAFB,AANB and FMDRC,and identify the pricing risks,financing risks,payment risks and Integration risk.Based on the use of expert questionnaires,combined with analytic hierarchy process and fuzzy comprehensive evaluation method to assess the risk level of cross-border mergers and acquisitions.Finally,analyze the corresponding preventive measures of Luoyang Molybdenum Industry,and draw the enlightenment of the case of Luoyang Molybdenum Industry's cross-border mergers and acquisitions.This thesis analyzes the basic theories and practical cases of cross-border mergers and acquisitions risks,hoping to provide some valuable experiences and practices for Chinese companies in immature cross-border mergers and acquisitions activities to help companies more effectively identify and prevent mergers and acquisitions risks and promote enterprises future development.It is also hoped that the enlightenment and conclusions in this article will enable enterprises to pay more attention to the risks of cross-border continuous mergers and acquisitions,thereby achieving the expected purpose of mergers and acquisitions.