The simultaneous change is that private equity funds actively participate in large-scale overseas mergers and acquisitions in the equipment manufacturing industry. In addition to financial support, private equity investment funds provide professional advice or help companies communicate with multiple parties to make up for the shortcomings of Chinese companies in overseas mergers and acquisitions, such as unfamiliarity with laws and regulations and cultural adaptation.

According to a Deloitte report, although China's manufacturing industry has expanded rapidly overseas in the past decade, the quality of integration is not high. "Transactions that truly create value for enterprises and perform well account for only 23% of the total transaction volume, 47% have average performance, and 30% have poor performance