Research Of Risk Management Of GACC Co., Ltd. Merge MZQH Co., Ltd. Case

Automobile Industry developed rapidly in recent years.National automobile production and sales are expected to total about 29.4 million vehicles in 2017,this number reached 10 million vehicles Just seven years since 2010.And the national automobile retail sales reached forty trillion thirty-seven billion two hundred million,rising 10.1 percent over levels of a year ago.Automobile industry has already now changed into the pillar industries in the country,which has grown more than 4 trillion.automobile production and sales are soaring to a greater height,since the implementation of 《Auto industry revitalization plan》in 2010.The "Fore major group and Fore small group" which had been determined by the “Revitalization plan” started merger and integration business from then on,including group levels and its subsidiaries.Enterprise merger and acquisition is an economic phenomenon of resource reallocation,which is company with sustained economic growth,and industrial development and competition.Merger and acquisition are a very important way to gain growth again,after enterprise’s development reached some certain stage.This paper taking GACC and MZQH’s m & a case for research objects,adopt system analysis,deductive reasoning,and comparative analysis,detailly expound and discusses the whole m & a risk management process of the case deeply,and finally abstract the revelation from m & a risk management process of the case.This paper is divided into four parts: Chapter One-Preface,including: the background and significance of the study,document summary of the theory of m & a risk management,paper framework,methods of the study.Chapter Two-Case introduction,introduce two companies of the m & a case detailly,discusses the whole process of m & a risk management of the case including: motivation of merger and acquisition,process of m & a risk management,and m & a implementation results.Chapter Three-Case analysis,reveal the problems of m & a risk management through analyzing procedure of m & a risk management in the whole process deeply,focus on method and theories of risk classification,recognition,analysis and management of enterprise’s m & a activities.Chapter Four-Case Revelation,hopefully provide some m & a risk management experience and reference in strategy target selection and persistence,dominant right procure in m & a for m & a,deep-going and comprehensive due diligence,high-performance and scientific m & a integration,drop out passageway instauration and so on,for enterprises when they carry on m & a activities of auto parts and accessories industry,through this case analysis.