Reporters Wang Yandan Yan Yinchan At the end of October, one of the most important events in the global M&A market was that Dallas-based AT&T announced that it would acquire New York-based Time Warner at a price of US$85.4 billion! The word "Mergers and Acquisitions" has a simple

Every reporter Wang Yandan Yan Yinchan

At the end of October, one of the most important things in the global M&A market was that Dallas-based ATT announced that it would acquire New York-based Time Warner at a price of US$85.4 billion!

The word M&A has a simple stroke, but it represents a feast of capital flows and legendary figures who are full of vigor and ups and downs.

"Daily Economic News" reporter noted that on November 25, the "5th China Listed Company Leaders Summit 2016" will kick off at the Chengdu International Convention Center, and the Listed Company M&A and Reorganization Forum will also be held during the summit. This forum has attracted many influential figures in the field of M&A. They are all M&A trendsetters. They will once again share their insights on the new era of M&A.

The number of overseas mergers and acquisitions in the first half of 2016

Let’s first look at some important data.

According to statistics from Zero2IPO Group 's private equity channel, in the first half of 2016, a total of 1,645 transactions were completed in the mainland M&A market, a year-on-year increase of 25.7% and a month-on-month increase of 18.9%; a total of 1,182 M&A cases with disclosed amounts were involved, with a total transaction amount of 7836.87 billion, a year-on-year increase of 76.9% and a month-on-month increase of 30.5%. The average merger and acquisition amount was 663 million yuan.

In terms of regions, in the first half of 2016, 1,518 mainland mergers and acquisitions were completed, resulting in a transaction value of 583.053 billion yuan; 107 overseas mergers and acquisitions, involving a transaction value of 176.446 billion yuan; and 20 foreign-funded mergers and acquisitions, with a total transaction value of 24.189 billion yuan.

There were 2,868 mergers and acquisitions cases that started in the first half of 2016 and are still in progress. Among them, 2,340 cases with disclosed amounts involved a transaction amount of 1.48 trillion yuan, an increase of 41.8% over the scale of transactions completed in the whole year of 2015, of which 139 cases Ongoing overseas mergers and acquisitions reached a historical volume of 542.875 billion yuan.

Specifically, in the mainland market, corporate mergers and reorganizations brought about by the reform of state-owned enterprises continue to emerge. For example, the merger and reorganization of China COSCO and China Shipping, as well as the asset injection plan of China Shipbuilding Industry Corporation's Fengfan shares have been completed; in the overseas market, Cinda Asset completed the acquisition of Nanyang Commercial Bank of Hong Kong, involving a transaction amount of HK$68 billion, which was the first half of the year. The largest overseas merger and acquisition case.

Return to the origin in the new era of mergers and acquisitions. Ma Yun, general manager of Chongqing Element Investment, a service entity

, told the "Daily Economic News" reporter: "Through mergers and acquisitions and reorganizations, listed companies have expanded their businesses, or integrated upstream and downstream, diversified development, or entered new markets. business areas, to form merger and acquisition effects and business synergies, as well as to further explore financial value and business value."

Ma Yun also pointed out, "The history of mergers and acquisitions and reorganization of Chinese enterprises has several stages: first, the start-up and exploration stage; second, improvement and development. The mature stage; the third is the strong and explosive stage that started in 2014. At present, mergers and acquisitions and restructuring in the capital market also have some characteristics, such as the popularity of all-cash acquisitions and exchangeable bonds, and one-year fixed-term growth has become mainstream. This also means that mergers and acquisitions and restructuring are about to enter the mainstream. A 2.0 era with more efficient configurations and more diversified payment tools. "The

reporter noted that from the perspective of the industry, mergers and acquisitions are still at a climax in the second half of the year, and the industry restructuring and upgrading and the coordinated development of the upstream and downstream industry chains are playing an increasingly important role. the more important role. For example, at the end of October, Baosteel's merger with Wuhan Iron and Steel received approval from the State-owned Assets Supervision and Administration Commission, which is of great significance for the steel industry to resolve excess production capacity; and Shi Yuzhu's Giant Network Shell Company, Century Cruise Lines, which is listed on the small and medium-sized board, announced the acquisition of 30.5 billion yuan Playtika, an Israeli company whose core business is casual social chess and card online games.

As Ma Yun said, China is still in the era of mergers, acquisitions and reorganizations that began in 2014. I believe that in the next five or even ten years, we will see more and more exciting classic mergers and acquisitions cases written into textbooks.

has a strong guest lineup and extraordinary brainstorming!

At the M&A and Reorganization Forum of Listed Companies to be held on November 25, 2016, many big names will also discuss the general trend of M&A in the world.

This forum will be held at the Chengdu Century City International Conference Center on the beautiful Jincheng Lakeside. It will be hosted by the Chengdu Municipal People's Government and hosted by the Chengdu Municipal Finance Office and the "Daily Economic News" newspaper.With the theme of "Returning to the Origin and Serving the Entity", the forum focuses on the core topics of the capital market and will present 6 exciting keynote speeches and 3 in-depth capital dialogues. The

forum will be held on time at 13:30 on November 25th. The first topic of

was "The Development and Trend of Mergers, Acquisitions and Reorganizations", with keynote speeches delivered by You Xigui, Chairman of Changjiang Securities, and Liu Hong, Co-Founder and Vice Chairman of LeTV. The second topic of

was "Mergers, Acquisitions, Reorganizations and Industrial Integration". Cai Lei, Chairman of Kunwu Jiuding Investment Management Co., Ltd., and Zhu Jian, General Manager of Western Securities, delivered keynote speeches. The third topic of

was "Opportunities and Challenges of Cross-border M&A", with keynote speeches delivered by Chen Weimin, Managing Director and President of Hualian China, and Chen Shangli, Financial Consulting Leading Partner of Deloitte North China.

It is worth noting that Cai Lei, Chairman of Kunwu Jiuding, Fu Xiaonan, Phoenix Investment Management Partner and Secretary-General of Yangtze River Alumni Finance Association, Wang Zhonghui, Chairman of Dongxu Optoelectronics Shanghai Carbon Source Huigu New Material Technology Co., Ltd., and Guizhou Bailing Chairman Jiang Wei, Huaying Agriculture Chairman Cao Jiafu and Sanqi Interactive Entertainment Senior Vice President Yang Jun and other celebrities will participate in the M&A forum. They can be described as heroes in the capital market. Just browsing the resume of one of them is enough to make all "fan girls" and "fan brothers" think about it:

Kunwu Jiuding Chairman Cai Lei:

In December 1972, Cai Lei was born in Li Bai's hometown - Sichuan Jiangyou, graduated from the School of Business Administration of Sichuan University with a Master of Business Administration. In 2007, he participated in the founding of Jiuding Investment and is one of the main founders and core management. In the "2015 China Equity Investment Annual Ranking List of Zero2IPO Group" released in December 2015, he ranked first among the "Top Ten Chinese Private Equity Investors in 2015".

In the past few years, he has taken the lead in completing the transactions for Jifeng Agricultural Machinery, Jinbei Electrician, Hongqi Chain, Jingya Catering, Golden Monkey Food, Liuzhou Pharmaceutical , Xinqi Automobile Industry, East China Heavy Machinery , Star Cable, Chengdu Small and Medium-sized Guarantee Investments from a number of industry leading companies, including consumption, medicine, agriculture, manufacturing, finance and other fields.

Fu Xiaonan, Phoenix Investment Management Partner and Secretary-General of the Yangtze River Alumni Finance Association :

Fu Xiaonan combines beauty and intelligence. She is the earliest sponsor representative registered with the China Securities Regulatory Commission and is currently a Phoenix Investment Management Partner. She once served as Vice President of Huatai United Securities Co., Ltd., General Manager of the M&A Financing Department of Guosen Securities, and Executive Director of the Southwest Securities Investment Bank Headquarters. In 2009, she was awarded the " Securities Times " "China's Best Financial Advisor Sponsor" honor.

Wang Zhonghui, Chairman of Dongxu Optoelectronics Shanghai Carbon Source Huigu New Materials Technology Co., Ltd. :

Wang Zhonghui is the leader of Dongxu Optoelectronics’ graphene business. Under his leadership, Dongxu Optoelectronics’ graphene industry has grown from scratch. From weak to strong, we have designed and constructed an industrialization strategy that combines "endogenous" + "external" to build Dongxu Optoelectronics into a domestic leader in graphene applications. Recently, under the leadership of Wang Zhonghui, Dongxu Optoelectronics launched the world's first graphene-based lithium-ion battery product - "Kingene", which is considered a breakthrough in the history of graphene's application in lithium batteries and has attracted much attention from the industry.

On November 25th, Chengdu was starry! On November 25th, all the stars gathered in Chengdu! See you there on November 25th!