Research And Implementation Of Wideband High Resolution Frequency Synthesizer

With the development of China's economy and social progress,the capital market has continued to strengthen;more Chinese companies have chosen to expand overseas markets and introduce advanced foreign technologies through overseas mergers and acquisitions.China's large state-owned enterprises have become the vanguard,and many private enterprises have subsequently become the main force of Chinese companies' overseas mergers and acquisitions.Among them,Germany,which has advanced technologies in various sub-sectors,has become the first choice for chinese private enterprises.This article takes C company's acquisition of German H company as the research object,mainly from the motivation of C company's overseas M & A.The financial risks that C company may encounter during the merger and acquisition and the corresponding strategies are explained and analyzed.It focuses on its strategies in the selection of due diligence and financing payment methods.When chinese private enterprises are engaged in overseas mergers and acquisitions,they are limited by their own shortcomings.Compared with experienced large state-owned enterprises,they may face more risks,including policy risks,financial risks,tax risks,legal risks,etc..This article focuses on the financial risks that some Chinese private companies may encounter before and during mergers and acquisitions,including:financial due diligence risk,target company valuation risk,foreign exchange risk,transaction framework risk,financing risk,and payment risk.While briefly describing the risks that may be encountered,it also proposes situations that companies may encounter if they are not handled properly when facing these risks.Aiming at the above-mentioned risks,taking Company C's acquisition of Company H as an example,it analyzes the risk management and countermeasures it has adopted in the face of risks.Among them,it focuses on the analysis of the benefits used by Company C when assessing the value of Company H.The comparison of market law and market law,meanwhile,it disassembles its choice of transaction structure and financing method.Then,based on the existing theories and the author's understanding,combined with the situation that Company C faced later because of the acquisition of Company H,the company's risk management and response strategies were evaluated.Finally,through the case analysis of Company C's merger and acquisition of Company H,several suggestions for the financial risks faced by Chinese private enterprises during overseas mergers and acquisitions are put forward as reference.