M&A Fund's integration of investment targets is mainly realized through the following aspects:

The first is the improvement of management. After the acquisition is completed, M&A funds usually reorganize the management team of the invested enterprise to improve the team's execution. The acquirer usually injects other commercial resources into the invested enterprise to help it enhance its value in the industrial chain.

The second is the integration of industry and technology. M&A funds usually integrate the superior resources of the invested enterprise in industry or technology with other industrial resources owned by the acquirer, thus helping the acquirer to complete the transformation and upgrading.

The above operation mode of M&A fund has been adopted by many large enterprises in the real economy. More and more large enterprises help themselves to realize industrial transformation and upgrading by setting up and managing M&A funds.

From the social point of view, the development of M&A fund is conducive to the rational flow and integration of superior resources, the elimination and reorganization of inferior enterprises, and thus plays a positive role in promoting the continuous optimization of the quality of the whole economic development through the continuous upgrading of industries.