2024-02-07-投中研究院-投中统计_1月并购市场整体回落_基金退出较集中_17页_549kb

Summary of CHINAVENTURE Report on China Corporate M&A Market, January 2024

• The Chinese corporate acquisition and merger (M&A) market experienced a decline in January 2024, primarily due to the impact of the Spring Festival holiday, with transaction volume and value both decreasing significantly. Large-scale deals dropped by 46.67% month-on-month.

• Fund exits via M&A were concentrated in January, with 20 private equity funds successfully exiting, a 60% decrease from the previous month, and a total recall amount of approximately 2.656 billion yuan.

• Zhejiang province dominated the M&A market, leading in both transaction volume and scale, with acquisitions in traditional manufacturing topping the industry chart.

• Key industries for M&A in January included traditional manufacturing, electronics, healthcare, and finance, reflecting continued interest in sectors like technology and essential goods.

• Notable deals featured Alibaba Health's 1.727 billion USD acquisition of AJK Technology Holding Limited as the largest transaction, highlighting M&A activity in the healthcare sector.