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Recently, a foreign mergers and acquisitions news that the already jittery atmosphere more tense domestic photovoltaic industry: Global PV Inverter giant - the German company SMA to 160 million yuan price, the acquisition of a leading domestic manufacturer of photovoltaic inverters - Jiangsu Zhao volts love Faso New Energy Co., Ltd. 72.5% stake. This case is considered to be ultra-low-cost acquisition caused some industry concerns, and some even expressed on this acquisition, "discontented feelings," because this way, foreign enterprises will openly enjoy the Chinese government on the industry investment and subsidies, especially in foreign markets have on us, "close the door" when.
In fact, worry can be understood, displeased was certainly not necessary. Because this is just a normal phenomenon of industry consolidation, deepening of economic globalization today, cross-border M is normal behavior of a market-oriented, no need to have any mental imbalance. The same thing is also doing domestic enterprises. January 9, Hina Holdings, headquartered in Beijing officially announced the completion of MiaSolé - a technology leader in the U.S. solar technology company mergers and acquisitions, thereby surpassing the United States First Solar (FirstSolar), to become the world's largest thin-film solar business. Survival of the fittest, which is the most basic rules of market economy.
And, for serious excess capacity in urgent need of industrial restructuring and upgrading of the domestic photovoltaic industry, this merger is a good thing. One is that China's PV market is attractive and investment value. In a series of favorable policies to stimulate national, the huge Chinese domestic market started to sensitive foreign capital sniff out business opportunities, which will strengthen the current plight of the domestic photovoltaic industry's confidence, and confidence is more important than gold, confidence and good industry is expected to have a future.
Other hand, the long-standing need of profound domestic photovoltaic gridtiepowerinverteronline industry mergers and acquisitions, eliminate backward production capacity, improve industrial concentration and competitiveness, which is the country where the clear policy point. Late last year the State Council executive meeting identified five major policy measures made it clear that, to give full play to the market mechanism, reduce government intervention to prohibit local protection, speed up industrial restructuring and technological progress, and take advantage of the market, "Forced mechanism" to encourage businesses mergers and acquisitions, eliminate backward production capacity, improve technology and equipment.
Some local governments excessive intervention and promotion is one of the reasons Xure photovoltaic industry. Therefore, the market return market, good industry guidance and market environment, to save rather than save enterprises have become the industry outside the industry consensus. That is, the survival of the fittest, optimize the combination of the industry reshuffle is inevitable, "Damn enterprises must die", and only then, can we truly achieve quality growth rather than a large scale, will form a more active, orderly, and there is competition advantage in the industry pattern.
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