0532-85920511

Shandong Private Equity Fund Industry Association Set up a Special Committee on Mergers and Acquisitions

Column:Industry Update Time:2022-09-01
On August 26, 2022, Shandong Private Equity Fund Industry Association held the inauguration ceremony of the merger and Acquisition professional committee in Qingdao.

On August 26, 2022, Shandong Private Equity Investment Fund Industry Association held the inauguration ceremony of the M&A Professional Committee in Qingdao. Sun Yuliang, Chairman of Morning Capital, served as the director of the first M&A Special Committee for three years.

On August 26, 2022, Shandong Private Equity Investment Fund Industry Association held the inauguration ceremony of the M&A Professional Committee in Qingdao. Sun Yuliang, Chairman of Morning Capital, served as the director of the first M&A Special Committee for three years.

The Special Committee is committed to promoting the sustainable and healthy development of the M&A market in Shandong Province, building an exchange platform for M&A transactions, guiding the healthy integration of real enterprises and the capital market, and building a platform for resource docking among members to provide professional services in the field of M&A transactions for members through various work.

PwC's 2021 Review and Prospect of China's Enterprise M&A Market shows that in 2021, the number of domestic M&A transactions in China reached a record high, reaching 12790, an increase of 21% over 2020. It is expected that M&A transactions in 2022 will continue to maintain a high level, mainly driven by the continuous transformation of the domestic economy.

In 2021, domestic M&A in Shandong Province has disclosed that the total transaction amount of more than 10 million yuan is nearly 200 billion yuan, with a total number of more than 350 transactions. In general, M&A transactions in Shandong are mainly concentrated in Qingdao, Jinan and Yantai, accounting for 31%, 16% and 10% of the province's total respectively. From the perspective of industry distribution, M&A transactions in Shandong Province are mainly concentrated in high-end manufacturing, automobile, chemical industry, finance and other fields, of which manufacturing and automobile industries account for about 60% of the province, which reflects that Shandong's industry is developing towards high-end, high-quality and high-tech.