lasted nearly two months and ended successfully after completing all competition sessions on April 15, 2022. More than 100 students from 16 teams from 15 universities and 15 universities across the Taiwan Strait, Hong Kong and Macao held a wonderful and fierce M&A competition online.
At the opening ceremony of the competition day, Fang Quan, Dean of the School of Law of Macau University of Science and Technology, Wei Lidong, President of the All-China Mergers and Acquisition Association, and Xu Zhengxian, Dean of the School of Law of Taiwan University of Political Science, delivered speeches one after another. Macau University of Science and Technology Mr. Xie Gengliang hosted the competition day event.
Dean Fang Quan
Dean Fang Quan expressed his gratitude to the delegation teams and on-site judges and guests for overcoming difficulties together in the cloud, and briefly introduced the development of Macau University of Science and Technology and the basic situation of School of Law . She said that the simulation competition for corporate mergers and acquisitions in the Asia-Pacific region has tempered the way of learning, and this sharing and display is also a process for all participants to learn from each other.
Wei Lidong Chairman
Wei Lidong said that the 10th Asia-Pacific Enterprise M&A Simulation Competition restarted online, which is of great significance. He stressed that the competition is accompanied by the vigorous development of the "Belt and Road" initiative, and it is also a critical period for Chinese companies to "go global". The guild has hosted four consecutive events since 2017. Cultivating mergers and acquisitions has always been the guild's purpose and is highly consistent with the competition concept. In the future, the guild will also be committed to promoting public welfare activities and training among university students in the Asia-Pacific region, and continue to cultivate innovative and excellent "mergers and acquisitions" and professional talents.
Director Xu Zhengxian
Director Xu Zhengxian introduced the origin and development of the simulation competition for enterprise mergers and acquisitions in the Asia-Pacific region. He said that the competition originated from the inter-learning activities extended by the "Case Study of Enterprise Mergers and Acquisitions" course jointly held by Professor Fang Jialin of the Law School of Taiwan Political University, Professor Lou Yongjian of the School of Business, and Lawyer Lin Jinfu of Xiehe International Law Firm. Finally, everyone worked together to launch the competition. The competition is of far-reaching significance for promoting the mechanical combination of subject education from a single field, one-way lecture, the mechanical combination of theory and practice to diversified fields, two-way communication, and the organic integration of theory and practice.
attend the leaders and some on-site reviews and guests took a photo
This competition was Ge Ming, consultant of the Quanlian Mergers and Acquisition Association and member of the China Ping An Group Strategic Advisory Committee, Zheng Jianbiao, executive vice president of the Quanlian Mergers and Acquisition Association, and managing partner of the Zhitong Accounting Firm , EY , Chief Accountant, Partner and Chief Accountant of Strategy and Development in Greater China, Member/Manager of the Party Committee of Quanlian Mergers and Acquisition Association and Partner of Beijing Haotian Law Firm, Wang Xinbo, Director of Quanlian Mergers and Acquisition Association and Founding Partner of Beijing Yifeng Law Firm, Ma Guozhu, Director of the Corporate Governance and Chairman of the Chartered Secretaries Association of , and Liu Chengyu, Partner attorney of Yisi Technology Law Firm, serves as the on-site judges. Liu Honglu, consultant of the All-China Mergers and Acquisition Association, Li Juhe, executive deputy secretary of the Party Committee, Zhang Xiaosen, executive director, and Zhu Yaming, head partner of EY Greater China Energy and Infrastructure Consulting, were present as special guests. The competition founder Professor Yongjian, 2nd Floor, School of Business, Taiwan Politics University, and Lawyer Lin Jinfu, director of Union International Law Firm, as well as Professor Zhu Ciyun of the School of Law of Tsinghua University, Professor Zhu Defang of the School of Law of Taiwan Politics University, and the leaders and instructors of various teams participated online.
This competition is divided into three stages: writing of a letter of intent for mergers and acquisitions, negotiating and reporting to the board of directors. On March 9, the competition organizing committee divided the sixteen teams into eight groups by drawing lots, and wrote letters of intent for mergers and acquisitions on behalf of their respective companies. The letter review scored the letter of intent and gave evaluation opinions. On April 3, the two teams of each group formulated a negotiation plan based on receiving the other party's letter of intent to acquire the other party, conducted 11 days of simulated negotiations, and finally determined to reach a merger agreement or break the deadlock.During the negotiation process, the members of each team fully demonstrated their professional knowledge, communication and expression skills, teamwork awareness and meticulous and rigorous academic attitude, and fully demonstrated the students' styles of major universities.
Finally, in the report to the board of directors on the competition day on April 15, the teams explained the merger plan to the simulated board of directors composed of on-site reviews based on whether to reach a merger and acquisition transaction, and answered the directors' inquiries from industry analysis, transaction structure, risk analysis, etc. The participating teams have rich professional content and excellent performance, reflecting the participating team members' ability to learn across fields. During the questioning session, the on-site review of questions about pain points in the transaction plan not only reflects the fairness, objectivity and professionalism of the competition, but also reflects the adaptability of the participating team members.
After careful selection and discussion by the judges, China University of Political Science and Law vs Macau University of Science and Technology B team won the Best M&A Plan Award, and Taiwan University won the Best Team Award Championship.
full list
Best Case Award:
China University of Political Science and Law
Shanghai Jiaotong University
East China University of Political Science and Law
Xiamen University
Taiwan Zhongzheng University
Macao University of Science and Technology A team
Taiwan University Political University
Tinghua University
Tinghua University
Best player award:
Wang Tianyi Hong Dingyang Zhu Yimeng Lin Kaijun
Zhou Yongxin Cai Chengyou Wu Peiyao Zeng Xinjie
Yu Yiwei Liu Jingyun Luo Yueyang Zhang Yucheng
Zhang Xiaoyu Xu Qiye Xu Ke You Qianxin
Best Performance Award:
Cheng Yang Chen Yulun Li Jiayu Lin Kaijun
Zhou Yongxin Cai Chengyou Li Junpeng Wu Ningxuan
Zeng Xinjie Liu Jiaqi He Jialin Chen Liuya
Zhang Yucheng Zhang Xiaoyu Xu Qiye Zhou All
You Qianxin
Best Legal Service Award:
Shanghai Jiaotong University
Best Financial Advisor Award:
Soochow University
Best Industry Analysis Award:
China University of Political Science and Law
Best Team Award Third place:
l11 Best Team Award Runner-up:
University of Macau
Best Team Award Champion:
Taiwan University
Best M&A Plan Award:
China University of Political Science and Law vs Macau University of Science and Technology B Team
Ma Guozhu judge
Zheng Jianbiao judge
In the comments session, Ma Guozhu and Zheng Jianbiao gave profound comments on this competition. They expressed their affirmation and expectations for outstanding students, and shared their respective professional observations on the development trends of the M&A industry and practical analysis of corporate M&A cases.
Professor Fang Jialin
At the award ceremony and closing ceremony, Professor Fang Jialin of the School of Law of Taiwan University of Political Science and Technology and Professor Zhu Ciyun of the School of Law of Tsinghua University delivered speeches one after another. Professor Fang Jialin emphasized that all the students participating in the competition are winners. She said that the theme of the merger and acquisition competition is to "create win-win and think from the perspective of others", and she also looks forward to everyone creating a better future together in the second decade of the competition.
Professor Zhu Ciyun
Professor Zhu Ciyun said that through the competition, the participating students can better understand the artistic characteristics of corporate mergers and acquisitions. It is not only a multi-disciplinary, diversified and integrated art, but also an art of regret. These regrets are both harvest and growth for the participating students. Professor Zhu also expressed his blessings and expectations for the next competition.
Organizing Committee also expressed its special gratitude to the review of this competition letter.Cai Yong, executive vice president of the All-China Mergers and Acquisition Association, Li Juhe, executive deputy secretary of the association’s party committee and executive deputy secretary-general, Liu Honglu, the association’s consultant and executive president of the China Asian Economic Development Association, Wang Naixiang, vice president of the association and chairman of Beijing Green Exchange, Zhang Ke , director of the association and chairman of Xinyong Zhonghe Group, He Shufen, general manager of Ernst & Young Financial Management Consulting Services Co., Ltd., and Chen Taiming, senior consultant of the Taipei Branch of Zhongda International Law Firm, fully supported the smooth progress of the competition as a letter review.
Asia-Pacific Enterprise M&A Simulation Competition is an annual event with wide influence between academic circles, business circles and universities in the Asia-Pacific region. It aims to establish a communication platform between teachers and students from across the Taiwan Strait, Hong Kong and Macao, and overseas higher education institutions, and promote dialogue between the business circles and academia. It is a regional and cross-professional platform. Since the competition was first held in 2011, the scale and popularity of the competition have been continuously expanded, and by 2022, it has been successfully held for ten sessions. The competition breaks the traditional model, allowing participating students to personally participate in practical drills for future practice, exchange and discuss a series of issues such as mergers and acquisition plans, industry analysis, and valuation, taxation, and law, achieving seamless connection between the "ivory tower" and social practice, providing future mergers and acquisition elites and dialogue with mergers and acquisition experts to learn. This will surely have a positive and far-reaching impact on promoting youth exchanges and cooperation in the Asia-Pacific region, the development of the merger and acquisition industry, and the cultivation of new generation of mergers and acquisition talents.
The 11th Asia-Pacific Enterprise M&A Simulation Competition will be held offline in Macau next year. Let us look forward to the next event together!
