"One belt, one road" circle of friends is expanding Jiangsu listed companies to compete in global business opportunities

Listed companies in Jiangsu Province ask the "Circle of Friends" for advice on the new strategy of "going out"
Chase global business opportunities and build more multinational companies
The "Belt and Road" circle of friends continues to expand
Since the beginning of this year, although the two-way capital flow of investment in the United States has declined year-on-year, the amount of Chinese contracted investment newly registered in Jiangsu for overseas investment in the first three quarters has increased by 18% year-on-year. According to a person from the Jiangsu Branch of the State Administration of Foreign Exchange, overall, the year-on-year increase in investment remittances from Jiangsu enterprises to Southeast Asian countries was higher than the overall level, and the scale of capital remittances from traditional labor-intensive industries increased significantly year-on-year.
According to reports, the top five industries for overseas investment in our province this year are special equipment manufacturing, business services, capital market services, computer, communications and other electronic equipment manufacturing, as well as railways, ships, and other electronic equipment manufacturing industries. Aerospace and other transportation equipment manufacturing. The total amount of remittance was 1.5 billion US dollars, accounting for 54% of the total amount of remittance. Labor-intensive industries, including textiles, clothing, furniture, electronic products and other enterprises, have remitted 500 million U.S. dollars, a sharp increase of 123% year-on-year.
Investment along the [Belt and Road" has increased significantly. Tan Liang, a partner of Deloitte China, said that the [Belt and Road Initiative" is becoming more international and inclusive, and is no longer limited to developing countries. Advanced economies will usher in new opportunities and the participation of the private sector will increase significantly; [The Belt and Road Initiative" Transition to high quality, increased project transparency and reduced risks; "One Belt One Road" opportunities will continue to expand along the industrial layout and geographic space, and the "Digital Silk Road" will promote the development of scientific and technological projects.
More and more developed countries have joined the "Belt and Road" circle of friends. "North Rhine-Westphalia is an important node of the'Belt and Road Initiative', and it is the state that attracts the most Chinese investment companies among the 16 federal states in Germany. For example, companies from Jiangsu Xugong Group, Cobos, Hengrui Pharmaceuticals, etc. have already deployed in Germany. "The representative of the representative office of North Rhine-Westphalia in Nanjing, Wang Xiaodong, introduced that from 2011 to 2012, XCMG acquired and controlled two companies in the same industry in Germany. 1,200 people, cooperated with local top enterprises and universities, and achieved breakthroughs in key technologies.
Listed Soviet enterprises to accelerate global layout
From 2007 to 2009, Shagang, together with other domestic companies, successively invested in Australia's ABM company and so on. At present, Shagang is actively deploying the big data industry to achieve high-quality development of enterprise transformation.
As a robot research and development company, Estun pays special attention to the development of new technologies. "Since its listing in 2015, Estun has continued to seek overseas investment opportunities, with acquisitions in Italy, Germany, the United Kingdom, and the United States. This year, it is acquiring German century-old welding giant CLOOS. Welding robots account for about 30%-40% of the robot field. In the future, Estun`s market share will enhance Estun`s competitiveness in the global robotics field." said Yuan Qin, deputy general manager of Estun Automation. In 2017, Estun successively acquired 100% of the shares of Trio Technolog in the United Kingdom, 30% of the shares of Barrett Technology, a US high-tech company, and 50.01% of the shares of M.A.i., Germany, to carry out the layout of the entire industry chain and provide support for the stable development of the company.
It is necessary to practice "internal strength" but also government support
Facing the opportunities and challenges of "going out", how can companies grasp the opportunities and enhance their risk prevention and identification capabilities? Deloitte's survey on Chinese companies' outbound investment found that "risk, supervision, and talent" are the three main issues facing overseas investment challenge.
Yuan Qin concluded from past acquisition experience that family businesses have a very strong desire for brand continuation; European and American companies have strong legal awareness and low financial risks; there are cultural differences in different countries, and intermediary agencies are necessary. "Before operating a project, you must have a clear understanding of the local legal environment; focus on the advanced nature of global technology, and do not acquire a technology that has been eliminated; it is best to focus on companies that are related to the main business and have collaborative benefits, because the cross-banking is very Difficult; an international acquisition team is very important; you must be respected by your opponents in the later integration."
"Whether state-owned or private enterprises,'going out' is a process of marketization. Many foreign companies don't know much about the country. How domestic companies use local intermediaries is very important, such as using local media to speak out." Morgan Stanley Hua Said Cheng Xiuwen, deputy general manager of Xin Securities.
"Overseas communication and channel building require investment banks, and the integration of funds requires professional financial institutions." said Zhou Rong, vice president of Wutongshu Capital. How to face policy risks and transaction risks is a well-informed process and an accumulation of experience. Therefore, it is necessary to choose experienced partners.
Enterprises "going out" also cannot do without the support of government departments. "Improve the level of facilitation and continue to optimize the business environment; implement classified guidance to further guide and standardize overseas investment; deepen capital financing, improve financial services, and promote the use of renminbi abroad; strengthen market communication, and do a good job in evaluating and predicting the situation "The provincial foreign administration bureau said.