What we are sharing today is the [2023 H1 China M&A Market Research Report] Report Producer: Entrepreneur.
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As economies across the country have resumed production activities from the epidemic, the national economy has improved compared with the epidemic. However, due to the lack of domestic demand, the manufacturing PMI new orders index recorded 48 in June60, which has been below the boom and bust line for 3 consecutive months, and the new orders for small businesses are only 440, the lowest since January 2023, and the cumulative amount of real estate development investment completed in June recorded a year-on-year increase of -790%。There is still great uncertainty about future economic development.
Judging from the monthly data, the number of monthly transaction events in H1 2023 remained stable, but the overall transaction value continued to decline from February to May, and only improved in June. Among them, the scale of transaction amount in February was the highest in the first half of the year, mainly in February, Yangtze River Power with 804400 million yuan to complete the merger and acquisition of Yunchuan hydropower, a single increase in the size of the transaction in February.
In terms of the number of pre-disclosed M&A events, in the first half of 2023, there will be a total of 721 pre-disclosed M&A events, involving a transaction amount of 2,2982.9 billion yuan. Among them, M&A activities in traditional industries, energy and power, and intelligent manufacturing were relatively active, involving 134, 73 and 66 M&A events respectively.
In traditional industries, there are 134 mergers and acquisitions underway, involving an amount of 4269.1 billion yuan. Among them, the manufacturing industry has become a popular secondary industry in the traditional industry, with 56 mergers and acquisitions in progress, accounting for 4179%。However, due to objective factors within the manufacturing industry, such as the rise of production factors, the relocation of low-end industries, and the impact of the epidemic, the recovery of the manufacturing industry still takes time. According to the National Bureau of Statistics, the manufacturing PMI index will be below the 50% boom and bust line in Q2 2023. In order to stimulate confidence in the manufacturing industry and promote economic development, in July 2023, the Ministry of Industry and Information Technology released the main focus of work in the second half of 2023, that is, to promote new industrialization, pay close attention to technological transformation, and promote the transformation from traditional manufacturing to intelligent manufacturing.
In the field of energy and power, the trend of transformation and upgrading from traditional energy to renewable energy is becoming more and more obvious, ESG-themed investment has gradually become the mainstream, and the energy and power market represented by new energy, photovoltaic power generation, and energy storage has become the focus of attention in the M&A market. According to the statistics of Smartbeast analysis, in the energy and power industry, there are 73 mergers and acquisitions in progress, involving an amount of 5772.3 billion yuan. Among them, energy services are a popular secondary industry in the field of energy and power, and there are 24 mergers and acquisitions in progress, accounting for 3288%。Typical cases include Yanzhou Coal Industry 2643.1 billion yuan acquisition of Luxi Mining and Xinjiang Energy to accelerate the integration of high-quality coal resources.
This article is for informational purposes only and does not represent any investment advice from us. To use the information, please refer to the original report. ）
Featured Reports** Public Title: A global repository of industry reports