Research On M＆A Performance Of ZY Company

ZY Company is engaged in a variety of non-ferrous metals exploration,mining and selection of resources-based private enterprises.Due to the decline in non-ferrous metal industry,the performance of the company continues to be low.The selection of traditional non-ferrous metals is a very cyclical industry.In addition,China’s economy is in a period of transformation and upgrading.The development of non-ferrous metal mining enterprises encounters bottlenecks such as the production of process.In recent years,our country has guided the development of capital to emerging industries,and encouraged enterprises to conduct M&A integration.At the same time,the rapid development of lithium-ion battery technology has led to the rapid growth of new energy automotive industry.Our country support for this industry,so a large number of capital influx,the whole new energy industry chain occurred a number of mergers and acquisitions.ZY made timely plans to join the wave of mergers and acquisitions.Through the way of merger and acquisition,the whole industry chain of new energy automobile industry can be opened,and the layout of integration can be realized.While ensuring the stable development of the original mineral resources business,ZY company vigorously develop the new energy automobile business and construct “two-wheel drive” operation mode.Through a series of mergers and acquisitions,ZY Company has built a complete new energy automotive industry chain.However,after the merger and acquisition,the ZY’s performance decline and M & A effect is not good.Based on the theory of M & A performance,this paper takes the M & A event of ZY Company as the starting point.First of all,the case of M & A is introduced.Then the market performance of M & A of ZY Company is analyzed by using event research method and Financial performance of M & A is analyzed by means of Financial index method.It is found that M & A has a positive effect on wealth in the short term,but it remains weak in the long run.After the merger and acquisition,the operating results and results are not good.Draw a conclusion that the performance of M & A is reduced and summarize the question.Finally,the causes of the problem areanalyzed,and the countermeasures are put forward.I hope to put forward effective solution to the problem.I hope that against the background of the current merger and acquisition boom in the new energy auto industry,it provides reference value for other enterprises that will develop new energy automobile business through merger and acquisition.