Research On Technology Absorption Financial Risk Of Midea M&A KUKA

In recent years,domestic home appliance enterprises have been affected by the wave of intelligent manufacturing in economic globalization,and are changing from traditional manufacturing to intelligent manufacturing.At present,the level of domestic consumption is rising,the traditional home appliance enterprises gradually turn their horizons to enterprises in the international market,through the opening of overseas M&A transactions,increase endogenous driving force.Based on this,household appliance enterprises choose M&A as an important way to achieve their goal,a wide range of overseas M&A activities,which for the rapid development of domestic manufacturing industry,as well as combined with the development path of supply-side reform provides some new ideas for reference.Midea,as a leading brand in the domestic home appliance industry,has always been in line with the trend of intelligent manufacturing and consumer upgrading,and gradually promote industrial transformation and upgrading.With the overseas M&A,Midea has reached a new growth point in its journey of technological transformation and entered a new stage of global technology transformation.Therefore,this thesis selects Midea as the research object for KUKA’s high-priced overseas M&A cases,evaluates the possible financial risks in the process of M&A,summarizes and analyzes the results,and provides some theoretical suggestions for the subsequent homogenous M&As or transformation cases in the relevant industries or industries.Through literature,case studies and other methods,through consulting overseas M&A,corporate financial risk-related literature,and the use of leverage analysis and Z-value comprehensive model for financial risk assessment,to judge The possible financial risks of Midea in the case process of high-priced overseas M&A;Through strategic planning,formulation and implementation,the selection and reasonable value judgment of valuation methods in the process of M&A,diversification of financing channels and reasonable financing structure,determination of appropriate payment methods,grasping the appropriate payment opportunities,pay attention to exchange rate changes and policy changes,formulate systematic enterprise integration programs,ensure that enterprises play a synergistic effect and reduce integration risk of enterprise,and have corresponding risk control measures at different stages of M&A,and ultimately achieve strategic objectives.At the same time,it is instructive to prevent the financial risk of overseas M&A of home appliance enterprises.