In the first half of Zhejiang's corporate mergers and acquisitions of more than 59.3 billion yuan, it was mainly concentrated in Hangzhou, Ningbo and Huzhou

The "Review and Prospects of the Mergersed M & A Market in the Mids of 2022" released by PwC on August 24 shows that in the first half of 2022, Zhejiang Enterprise M & A has disclosed the transaction value of over 59.3 billion yuan, and the number of mergers and acquisitions reorganized enterprises has reached 316 Family.

The report data shows that in the first half of 2022, the number of domestic M & A transactions in China remained at a historical high, reaching 6,173, but the amount of mergers and acquisitions fell sharply to the lowest point of data since 2014, at $ 236.7 billion.

In the first half of 2022, Zhejiang Enterprise M & A transactions were mainly concentrated in Hangzhou, Ningbo and Huzhou. The total number of transactions and financing amount exceeded 70%of the province. There are many large mergers and acquisitions transactions in Zhejiang Province, and there are many well -known enterprises in the trading parties, reflecting that Zhejiang's economy is showing a high -quality development trend.

According to PwC statistics, in the top ten M & A transactions in Zhejiang, two in Hangzhou, 3 in Ningbo, and 1 each of Wenzhou, Shaoxing, Jiaxing, Jinhua, and Taizhou. In terms of mergers and acquisitions, two are the fields of real estate development and operation, 2 are chemical and chemical fields, and the remaining six are closely related to the hottest new energy vehicle field.

In the first half of this year, the number of large M & A transactions (more than 1 billion US dollars) was only 22, less than half of the second half of 2021, and the transaction amount dropped significantly to the lowest point in 7 years. The transaction amount of private equity funds has reached 118.5 billion US dollars, which has remained in the three consecutive years that exceeds half of the total transaction.

From the perspective of the national market, in the first half of 2022, the number of domestic enterprises' strategic mergers and acquisitions of more than 2,400, but the total transaction amount dropped to less than 100 billion US dollars. From the perspective of the number of transactions, despite the decline of 2%, small -scale mergers and acquisitions transactions are still actively promoted by key domestic themes, such as industrial upgrading and high -tech fields, which are less affected by various uncertain factors. Due to the lack of oversized mergers and acquisitions transactions that appeared in the past few years, the transaction amount of all industries has declined. M & A activities are mainly concentrated in the reform of state -owned enterprises, industrial upgrades promoted by state -owned enterprises, capital reorganization and large state -owned enterprise groups.

Compared with the market high in the second half of 2021, the number of private equity transactions has decreased by 24%, and the amount decreases by 34%. Xu Dikun, a partner of financing and mergers and acquisitions services for Chinese enterprises in PwC, said: "In the first half of this year, except for the power and energy industry, the amount of private equity transactions in almost all industries declined significantly. In terms of transaction volume, various industries have declined. But it is still active in the fields of high -tech, industrial products and medical and health. "

Huang Yaohe Huang Yaohe, the supervisor of China Cross -border Service, said: "Although domestic M & A transactions declined in the first half of the year, the possibility of large -scale rebound in the short term, but we feel that investors' willingness to invest is still strong. The activity of the subdivision sector is still very high, such as the new energy vehicle industry. If the adverse factors such as the epidemic, interest rates, and geography in the second half of the year are relieved, the investor's confidence will gradually recover, let us wait and see. "

Source | Technology Finance Times (Reporter Lin Jie)

- END -