为什么制造业并购看重产能和环保？
中国制造企业可提供客户、产能、工程能力和供应链资源。但买方会重点审查设备状态、环保合规、质量体系和营运资金，而不是只看收入规模。
估值重点
估值应关注客户集中度、订单储备、设备成新率、产能利用率、毛利率、供应链稳定性、库存、环保合规和营运资金。
尽职调查重点
尽调应覆盖设备清单、库存、客户合同、供应商、质量体系、安全记录、环保许可、土地房产、员工和关联交易。
卖方准备
卖方应准备设备台账、产能数据、订单储备、质量认证、环保文件、库存账龄和客户合同。
Lyndon如何协助
Lyndon可协助中国制造企业、买方和顾问准备估值、资料室、尽职调查清单和交易执行。
About the Author
Daniel Bae
Co-founder & CEO, Lyndon Advisory
Daniel is an investment banker with 15+ years of experience in M&A, having advised on deals worth over US$30 billion. His career spans Citi, Moelis, Nomura, and ANZ across London, Hong Kong, and Sydney. He holds a combined Commerce/Law degree from the University of New South Wales. Daniel founded Lyndon Advisory to solve the pain points in M&A, enabling bankers to focus on what matters most — delivering trusted advice to clients.
About Lyndon Advisory
Lyndon Advisory is an M&A advisory firm built for Asia Pacific. We help business owners sell their companies and investors make strategic acquisitions with senior-led execution, disciplined process management, and AI-supported buyer intelligence.
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