A Study On The Countermeasures Of Cross-Border M&A Of Chinese Enterprises-

China's government has always attached importance to foreign investment,in recent years," the Belt and Road Initiatives," the construction of a good vision from the blueprint design began to implement,our enterprises have to go abroad for cross-border mergers and acquisitions.Wanda Group acquisition of the AMC cinema company is the largest amount of transactions in China cross-border mergers and acquisitions.In the case of not being optimistic,Wanda Group how to do a good job on the AMC cinema company's integration work.This integration process will encounter what kind of risk point,the advantages of mergers and acquisitions of both enterprises how to complement the resources should be taken of the integration strategy.Not only Wanda Group to improve its success rate of mergers and acquisitions is important,but also other enterprises in China's education guidance.Wanda Group mergers and acquisitions AMC cinema company's integration strategy,to promote the industry's advantages of resource concentration,promote China's economic development,enhance China's comprehensive national strength,great research value.This paper first reviews and reviews the domestic and international research results of mergers and acquisitions,and realizes the latest developments in M & A integration in today's theoretical circles.And then define the two important concepts of M & A and heterogeneous resources.Then,through the theory of M & A integration,resource basic theory and market power theory,the basic theory of research is determined.After the acquisition of the United States AMC cinema company to carry out a brief review of the whole process,to introduce the situation of mergers and acquisitions,the development of mergers and acquisitions and follow-up evaluation,analysis Wanda Group M & A motivation.Through the analysis of the contents of the above merger case,from the organizational structure,business,financial and human resources in four aspects of analysis,in the specific analysis process using VRINS test method to determine the competitive advantage of heterogeneous resources,and to protect the cultivation of heterogeneous resources As the starting point,the conclusion: Wanda Group should adopt a conservative type of integration,in the organizational structure to maintain AMC company characteristics,business to retain the AMC company brand,the financial establishment of centralized management of funds,human resources to improve the treatment of the original company employees.Finally,through the Wanda Group acquisition of the United States AMC cinema company's case,summed up its enterprises and governments in China's M & A work and promote corporate investment in foreign enlightenment.