The motives of Chinese enterprises for overseas mergers and acquisitions have gradually shifted from acquiring natural resources to acquiring technology, management, brands, markets, etc., and the destinations of mergers and acquisitions have shifted to mature European and American markets.

As China's integration with the world gradually deepens, the policy environment becomes increasingly optimized, the survival of the fittest in resource allocation, and the internal drive of enterprise transformation and upgrading, my country's overseas mergers and acquisitions will remain active.

At the same time, because some foreign governments have concerns about the overseas mergers and acquisitions of central enterprises, the overseas mergers and acquisitions model needs to be innovated, such as introducing different capital, uniting central enterprises, private enterprises and PE funds, giving full play to their respective advantages, and accelerating the development of overseas mergers and acquisitions by Chinese enterprises.

The significance of overseas mergers and acquisitions should be determined according to the specific purpose of company mergers and acquisitions, which generally include the following: 1. In order to be listed overseas, an overseas structure is required.

2. The domestic market is saturated and it is necessary to expand overseas markets.

3. To participate in international competition, competitors need to be eliminated through mergers and acquisitions.

4. In order to avoid anti-dumping and countervailing litigation, the origin of the product will be transferred.

5. To realize the transfer of labor force and factories, acquire some factories in third world countries.

6. Obtain foreign technology, patents, brands or other intellectual property rights through mergers and acquisitions.

7. Overseas mergers and acquisitions to obtain special overseas resources, such as the acquisition of crops from African countries, overseas minerals, etc.

8. In order to enhance the company's overseas reputation, publicity through mergers and acquisitions, such as Tengzhong Heavy Industry's merger with Hummer.

9. Due to exchange rate changes, it is necessary to convert RMB into foreign currencies on a large scale, so international transfer of capital is achieved through mergers and acquisitions.

10. Overseas mergers and acquisitions for immigration purposes.

11. In order to realize the sales of foreign brand products in the country, the overseas structure will be realized in the form of mergers and acquisitions.

12. Since the upstream and downstream enterprises are overseas enterprises, in order to ensure the benefit sharing of raw materials or terminal sales, the upstream and downstream enterprises are merged and acquired.

13. Of course, there are also some domestic companies that engage in overseas mergers and acquisitions out of enthusiasm and without any special purpose.

They are just following the trend and showing their economic strength.