China Ping An M&A SDB Case Study

In the fierce market competition, mergers and acquisitions have become enterprises rapidly expanding market share, one important way of realizing leap-forward development. Mergers and acquisitions between refers to the enterprise merger or takeover, the motivation is the implementation of enterprise strategy, which is the essence of which is social resource reconfiguration. Since reform and opening-up, our country implements the rapid economic development, industry market competition is more and more big, our country enterprise mergers and acquisitions between the increasingly frequent, both in number of mergers and acquisitions and mergers and acquisitions amount increased significantly. Under this big background, enterprise merger and acquisition activity has become backward enterprise, integrate social resources, and the most important way to realize enterprise strategic target.Despite the merger and acquisition activity more and more hot, but because of mergers and acquisitions in China starts late, lack of relevant theoretical and practical guidance and support, the enterprise m&a success ratio is not high, according to statistics, m&a failed or did not produce any effect after mergers and acquisitions account for around 45% of the total number of mergers and acquisitions activity, so it is necessary to study the actual situation of our country enterprise mergers and acquisitions, and successful cases of mergers and acquisitions as a guide, this has very important meaning for guiding our country enterprise mergers and acquisitions.This article adopts the research method of integrating theory with practice, through the analysis of the literature at home and abroad, the advanced theory of mergers and acquisitions at home and abroad for reference, the knowledge system, combining with the current actual situation in our country, aiming at the problems in enterprise mergers and acquisitions, selecting a reasonable, advanced, scientific theory and countermeasure of mergers and acquisitions, the final use of China's financial history the most far-reaching significance of mergers and acquisitions cases SDB-China's Ping An m&a case analysis, explore a way for Chinese enterprise m&a.This thesis is divided into five chapters, the first chapter, first introduced the paper selected topic background, history and status quo of our country enterprise mergers and acquisitions, and according to the selected topic background, briefly explain the meaning of m&a in our country, emphasize the importance of research our country enterprise merger and acquisition activity, then introduce relevant literature of mergers and acquisitions, including foreign literature and domestic literature, the last is introduced in this paper, the research contents and research methods. The second chapter, mainly introduces the related theory of m&a and introduces theoretical basis of m&a and then contact the actual problem of m&a in our country, the theory with practice is introduced with characteristic of our country enterprise merger and acquisition and merger and acquisition strategy of the subject of the main theory analysis. The third chapter, China's ping an m&a SDB's case analysis, including the introduction of mergers and acquisitions both sides here, China's ping an and SDB's both sides, that is, the analysis of China's ping an m&a SDB SDB ping an m&a process steps. As a result, the fourth chapter, this paper introduces m&a respectively from SDB after the merger of capital adequacy ratio and core capital adequacy ratio, net profit growth, indicators such as stock price growth compared to the CSI 300 index to reflect the result of the merger. The fifth chapter, summarizes the experience and enlightenment, after the merger, and further thinking on the m&a case, and finally summarizes the article and the deficiency of the vision of the future. The core of the whole paper is related theory of m&a and m&a case study, by the method of theory combining with the actual offer good reference for Chinese enterprises to participate in the activities of merger and acquisition.