制造业是国民经济的支柱产业，是国家创造力、竞争力和综合国力的重要体现。2020年，中国制造业经受了新冠肺炎疫情的冲击，呈恢复性增长态势，市场活力进一步增强。从制造业并购区位分布看，制造业并购主要集中于中国境内，境外交易比重较低；从国内地区分布看，制造业并购主要集中于广东、江苏等省份；从制造业并购交易笔数看，总体呈上升态势。深圳前海锐致收购长安汽车股份、海南发展控股收购中航三鑫股份、TCL科技集团收购中环电子股份、蓝思科技收购可胜科技与可利科技股权是制造业领域的主要并购事件。在制造业PE投资方面，PE在制造业领域的投资共有15项，包括半导体设备、休闲设施、医疗保健设备、电子设备和仪器等行业。
The manufacturing industry is a mainstay of the national economy，a demonstration of national creativity，an exhibition of national competitive edge，and an indication of national power. In 2020，China’s manufacturing industry successfully withstood the shock brought by the COVID-19 pandemic and presented a trend of recovery growth. The overall manufacturing market vitality was boosting.
In 2020，most of the mergers and acquisitions activities in the manufacturing industry took place in China-the proportion of overseas mergers and acquisitions cases was small. The domestic mergers and acquisitions transactions in the manufacturing industry were conducted in Guangdong and Jiangsu provinces. And overall，the number of transactions was increasing. The most impactful mergers and acquisitions cases in the manufacturing industry in 2020 were Shenzhen Qianhai Ruizhi Investment Co.，Ltd. acquiring Changan Automobile Co.，Ltd.，Hainan Development Holdings Co.，Ltd. acquiring AVIC Sanxin Co.，Ltd.，TCL Technology Group acquiring Zhonghuan Electronics Co，Lens Technology Co.，Ltd. acquiring Catcher Technology Co.，Ltd. and Keli Technology Co.，Ltd..
In the manufacturing industry，private equities initiated a total of 15 mergers and acquisitions investments in 2020，involving businesses on semiconductor equipment，sports and leisure facilities，medical and healthcare supplies and equipment，and electronic devices and equipment.
