Research On The Financial Integration Of CRC Sanjiu Company M&A

With the development of today's world economy,in order to increase the share of market economy,enterprises use mergers and acquisitions to expand the scale of enterprises.Compared with foreign economic,development in China started late and slow.In the United States and other developed countries after M&A boom just celebrated the beginning of domestic enterprises mergers and acquisitions in China.Failure rate with the rapid increase of M&A cases,mergers and acquisitions are also swell,cause the main cause of the failure of the merger and acquisition is not effectively enterprise integration after the merger,the merger and acquisition integration is the key in financial integration,so the financial integration after the merger becomes an important problem to be solved after the merger.The pharmaceutical industry as a high technology content and high degree of internationalization of industry,is one of the most rapid world trade growth industry.The pharmaceutical industry is related to people's life,due to the progress of science and technology in recent years,the pharmaceutical industry developing rapidly,the pharmaceutical enterprises to expand their scale of production have also joined the wave of mergers and acquisitions,want to rely on mergers and acquisitions to occupy more market share.But due to the product classification,the pharmaceutical industry product cross overlap and the industry is more,if the enterprise mergers and acquisitions have no before the merger of the acquired enterprise investigates actually knows the running situation of the enterprise mergers and acquisitions,will cause the enterprise blindly mergers and acquisitions,M&A success rate is very low.Based on the case of CRC Sanjiu Company mergers Shunfeng Company,the studies on pharmaceutical industry financial integration in the case of analysis,from China resources CRC Sanjiu Company for Shunfeng Company pharmaceutica field before mergers and acquisitions,mergers and acquisitions money for analysis,puts forward the problems in the process of M&A,analyzes the reasons for the problems,finally CRC Sanjiu Company for problem solving a series of measures,to inspire the pharmaceutical industry mergers and acquisitions of financial integration,the flourishing stage for the enterprise development in the pharmaceutical industry mergers and acquisitions mergers and acquisitions to enterprise in the future in the process of financial integration to provide decision-making basis.