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Xuguang Tan talked about the “going out” of enterprises: I never say merger and acquisition, investment making money for both sides of the cooperation
dzwww.com | Updated:2019-10-19 17:20:18    

Xuguang Tan talked about the “going out” of enterprises: I never say merger and acquisition, investment making money for both sides of the cooperation

Tan Xuguang said that, currently, 40 percent of the assets, 30 percent of the income, 30 percent of the profits of the enterprise come from overseas. All the enterprises investing overseas have turned their previous losses into profits, and have made their own way of "going out". Xuguang Tan believes that if an enterprise wants to succeed in the global market, it should first make it clear that the purpose of "going out" is not simple data superposition, but cooperation so as to jointly enhance the core competitiveness of both parties in global competition. In this process, the shortcomings of both parties can also be made up and enhanced through cooperation.

In the meantime, investor should have an open mind. "Investment is not individual behavior." Tan  said, "going out" is for cooperation, not for domination. "I never say merger and acquisition, investment making money for both sides of the cooperation. Tan talked about his experience of investing overseas in recent years, saying that cultural integration is very important. Instead of dominating other cultures by using my own culture, I want inject new energy into development by sharing our culture to others."