Research On Financial Risk Control Of Cross-Industry M&A Of Lebo Education In Shengtong Stock

From the gradual implementation of the 13th Five-Year Plan to the overall layout of the 14th Five-Year Plan,the supply-side reform has been deepening,along with the rapid development of the economy,the rise of a large number of new industries,the economic structure is also constantly optimized,high energy consumption of traditional industry enterprises in the increasingly fierce market competition.Therefore,in order to find a place in the fierce market vortex,more and more traditional enterprises into the diversified development and business transformation and upgrading of the ranks.At present,the rapid transformation of the market to another industry is through cross-industry mergers and acquisitions,which are conducive to enterprises to avoid barriers to enter new areas of the industry,quickly enter and adapt to new target markets,while accelerating the optimization and upgrading of enterprises,to help enterprises find new profit growth points,better control of the risks faced by enterprises.Then the number of cross-industry mergers and acquisitions gradually increased,cross-industry mergers and acquisitions in the process of financial risk is not well controlled,failure cases occur from time to time.After studying the financial risks of cross-industry mergers and acquisitions throughout the whole stage of mergers and acquisitions activities,we should identify and prevent all kinds of financial risks in stages,evaluate the implementation effect of various prevention and control measures,enrich the basic theory of cross-industry mergers and acquisitions financial risks,in order to avoid the adverse effects of financial risks on cross-industry mergers and acquisitions,and further increase the success rate of cross-industry mergers and acquisitions activities.As one of the leading enterprises in China’s printing industry,Shengtong shares have also started the road of enterprise merger and acquisition transformation,and Shengtong shares of education and training industry cross-industry mergers and acquisitions is also its key means to optimize the structure of enterprises.By studying the literature related to mergers and acquisitions at home and abroad and the research results of other scholars at home and abroad,using literature analysis,case analysis and data analysis,we take the case of Shengtong’s merger and acquisition Lebo education as the research object,explore the merger and acquisition dynamics in this case,identify the financial risks existing in all stages of merger and acquisition,analyze the measures of Shengtong shares to deal with financial risks and evaluate the effect of the corresponding measures to prevent and control,and then give advice on the financial risk control of Shengtong shares.The cross-industry merger provides Shengtong shares with a springboard into the education and training industry,and promotes the transformation and upgrading of Shengtong shares.Through the analysis of Shengtong shares and Lebo education case,further enrich the understanding of the financial risk of cross-industry mergers and acquisitions,analyze and summarize the financial risk control measures and effects of cross-industry mergers and acquisitions,for the future cross-industry mergers and acquisitions of enterprises to provide some reference for financial risk control.