Most popular Xiang Wenbo talks about giving priori

2022-10-02
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Xiang Wenbo talks about international mergers and Acquisitions: giving priority to the strategic value of enterprises

Xiang Wenbo talks about international mergers and Acquisitions: giving priority to copper and copper products is the characteristic industry of Tongling City, considering the strategic value of enterprises

China Construction Machinery information

Guide: on the afternoon of June 5, the consumption of titanium alloy by Xiang Wenbo, President of Sany Heavy Industry, reached 9.3%. At the 2013 financial investment forum jointly held by the College of Finance and finance of the National People's Congress and Chongyang Institute of finance, Made a keynote speech entitled "international mergers and acquisitions and enterprises going out", and revealed to Wenbo that Sany Heavy Industry acquired the world's old concrete machinery

on the afternoon of June 5, Xiang Wenbo, President of Sany Heavy Industry, made a keynote speech entitled "international mergers and acquisitions and enterprises going global" at the "2013 financial investment forum" jointly organized by the Institute and the Chongyang Institute of finance, which introduced the functions of Finance and finance of the National People's Congress. He disclosed to Wen Bo the process of Sany Heavy Industry's acquisition of Putzmeister, Germany, which was once the "leader" of the world's concrete machinery, He also shared with the students and teachers of the National People's Congress many feelings of private enterprises going out. Xiang Wenbo believes that the internationalization of Chinese enterprises is a big test for the Chinese economy and Chinese enterprises, which can be equated with the realization of the Chinese dream. He also called for the internationalization of Chinese enterprises to become the country's top priority development strategy

when talking about the problem of "why Chinese enterprises fail in most overseas mergers and acquisitions", Xiang Wenbo said: "when enterprises participate in international mergers and acquisitions, first, they should give priority to the strategic value of enterprises, not financial value, let alone political considerations. Second, they should talk less about Integration and more about inclusiveness. Inclusiveness is more important than integration." He said that Sany has the largest sales scale of concrete machinery in the world, but there is still a long distance from "elephant" (i.e. Putzmeister) in terms of its brand influence, technical level, service support ability, brand and technical management. Therefore, Sany Heavy Industry's acquisition of "elephant" is to value these "strategic values"

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