Currently , CSR Zhuzhou Institute’s project ”Cross-border M&A and Integration Based on Technique Upgrade and Product Chain Improvement” (Project) is listed in The 18th National Enterprise Management Modernization Innovation Achievement released by China Enterprise Trade Association and China Enterpriser Association, and won the first prize of National Management and Innovation Achievement. It is the first time that company’s management project won the national-level award.
The project emphatically explicates the case of Dynex M&A. Facing with the situation of IGBT technique and market monopolized by foreign countries, company masters the international cutting-edge power electrical techniques, takes the innovation of product chain as a target, stands on the technical and market complementary with Dynex, grasps the shot and realizes the integration and cross-border M&A. The background, content, methods and results of the projects are detailed.
Since April 2011, began with application, this project had been reviewed and proved by the expert group. Finally the expert group believes that the guiding principles of this project is correct, and has an significant meaning. CSR Zhuzhou Institute would adhere to the way of taking advantage of international resources in order to realize the market expansion, devote itself to mastering the core techniques, re-configure the R&D resources and form the competition advantage of cross-border production chain; It applied an successful M&A plan. proper method and chose an appropriate time; The measures for emergence of Dynex is efficient, which scientifically avoids the M&A risks by building the integration strategy of exploiting their own particular advantages, mutual improvement and step by step implementation; it succeeds in efficient management, R&D, market and culture integration, as well as the overall, coordinative and fast development.
Meanwhile, expert group believes that the innovativeness of this project is remarkable, and is a typically successful example by cross-border M&A, which breaks the foreign technique blockade and realizes the combination of technical innovation and market exploration. It has a significant meaning and generalized value for accelerating the cross-border M&A for Chinese enterprises, strengthening innovative ability in the core technical filed and realizing the safety production.
According to resources, 32 first prizes, 153 second prizes are set for innovative projects. The 18th National Management and Innovation Conference will be held in late Match.
