Research On The Economic Consequences Of The Merger Of North And South Vehicles

In the context of the reform of state-owned enterprises,the economic consequences of the merger between CSR and CNR,which will be discussed from the perspective of the financial impact of the merger and the strategic impact.From the merger of financial synergy effect of the merger of CSR and CNR on the impact of financial enterprises,and enterprises in the industrial structure and the impact on the international status of China's industry analysis of CSR and CNR from the perspective of value chain,and the economic consequences of the merger of CSR and CNR based on the perspective of development after the recommendations and outlook.First of all,using the literature research method,through collecting,identifying and collating documents,and summarizing the theory of enterprise mergers and economic consequences,the paper defines the consequences of the merger of central enterprises,which is the starting point of the study.Secondly,through case analysis and comparative analysis,on CSR and CNR merger case analysis,discusses the economic consequences of the merger of CSR and CNR,that is to analyze the economic consequences of the merger from the two aspects of financial and strategic influence.Through the analysis of the financial situation before and after the merger of CSR and CNR,we can see that the financial situation of the merger is more excellent than before the merger.At the same time,after the merger of CRRC market share increase,especially foreign market share increased significantly,and the combined CRRC achieve tax results,therefore,the merger of North and South car produced a synergistic effect of the financial.Through the analysis of the value chain integration effect after the merger of CSR and CNR after the merger of CRRC to optimize the industrial structure,promote the industry value chain to high value-added upgrade,in fact,physical value chain has been integrated.At the same time,after the merger of CSR and CNR,the integration of culture and the establishment of the network logistics information platform,so that the virtual value chain has been integrated.The success of the value chain integration after the merger of CRRC manufacturing scale significant advantage,avoiding the waste of resources before CSR and CNR of domestic market,foreign markets to avoid mutual price competition,open up foreign markets,not only including some developing countries,including Australia,the United States and other developed countries for high-end rail transportation market.Finally,based on the study of the economicconsequences of the merger between CSR and CNR,suggestions are made for the development of the merged enterprises,and the experiences of the merging of CSR and CNR are summed up and the prospect is put forward.Therefore,to explore the economic consequences of the merger of CSR and CNR from financial and strategic perspective,CSR and CNR after the merger the financial synergy effect and value chain restructuring and integration effect,combined with the pursuit of profit and reached the purpose of enhancing competitiveness.After the merger of enterprises in the fierce international competition,is still facing a clear development strategy,integration of resources,enhance the capability of independent innovation,strengthen cost control,arduous task to improve the ability to create value,so that after the merger of CRRC development.