A Study On Value Creation Of Crossborder M&A Of Local Green Energy Companies From The Perspective Of Resource Orchestration

Achieving "peak carbon and carbon neutrality" is a broad and profound economic and social systemic change.Double carbon work has become a global consensus to deal with climate change,and countries are trying to gradually get rid of traditional fossil energy dependence.In order to further promote the energy revolution,the current demand for lithium batteries has increased significantly,and lithium has been transformed from the traditional "industrial MSG" to "white oil".The global wave of decarbonization and electrification to promote the rapid development of lithium industry,the future still has a large growth potential.In this context,how can China’s new energy materials companies benefit from crossborder mergers and acquisitions? This paper presents a selection of crossborder M&A resource orchestration actions for a new energy materials company,Tianqi Lithium,and examines the effects of successive M&A on corporate value creation through short-and long-term performance studies.The study finds that the implementation of a series of cross-border M&A actions by Tianqi Lithium is based on the company’s medium-and longterm strategic planning,and is not a stand-alone event or a complete acquisition plan,but a phased selection model based on long-term resource deployment,i.e.,the company realizes the whole process of resource orchestration in cross-border M&A through three stages: resource structuring,resource restructuring,and resource leveraging.Overall,Tianqi Lithium has achieved an increase in corporate value through successive cross-border M&As,and to a certain extent,has served to expand its market scope and enhance its market position.From a practical point of view,the systematic analysis in this paper can help provide new ideas for resource management in cross-border M&A,especially for the new energy materials industry,and Tianqi Lithium,as a case with a high status in the industry and a rich development model for reference,can add to the degree of application of this paper and provide help and reference for corporate managers and policy makers for cross-border M&A implementation.