Mergers And Acquisitions Project Research Of Hunan Zhenxing Chemical Industry Co.,Ltd

Mergers and acquisitions as the effective form of modern capital operation, whichis the product of the market economy, it's not only the most important form of optimun for capital allocation in modern economy, but also it's a way to realize the economic development strategy of the enterprise. In China, many enterprises have been incorporated capital operation into strategy of enterprise development in recent years, and have been successful. More & more enterprises are out of bottleneck of more care production management than capital operation,they realize capital operation with production management together which constitutes the two wheels of enterprise development.This paper provides theoretical guidance for merges & acquisitions of Kingray with Zhenxing Chemical Industry mainly by research in the theoretical knowledge of capital operation. T he internal & external environment, problems & reasons of acquired company of Zhenxing Industry are analyzed in detail, the design condition,financial evaluation, social evaluation, risk analysis, investment & financing analysis decision of the mergers & acquisitions project is in-depth research, which designs a suitable program of mergers & acquisitions for Kingray & Zhenxing Chemical Industry, through the effective management & implementation of mergers & acquisitions, both sides to achieve the best effect of mergers & acquisitions. For success of mergers & acquisitions, this project focuses on financial risk, realizes effective financing, controls key points of integration after mergers & acquisi tions, analyzes with target in whether Zhenxing Industry has such problems as lack of function, functional overlap, which to achieve mergers & acquisitions maximum return for a long time.With the in-depth analysis on mergers & acquisitions project of Kingray New Materials Science & T echnology Co., Ltd with Hunan Zhenxing Chemical Industry Co., Ltd, which analyzes project design for mergers & acquisitions and project implementation in detail, it will bring leap-forward development to Kingray. The theoretical research and practical operation guides the direction of mergers & acquisitions for mining companies, it also provides the reference for further research in mergers & acquisitions' program.