本文从中石油和中石化要约收购旗下上市子公司的现象入手,指出我国现有的公司并购法律制度在相关问题的规定上存在空白和缺陷。而随着我国资本市场的发展,类似的公司并购行为也将愈来愈多。本文介绍了国外在相关问题上采用的制度,即“排挤式公司合并制度”、介绍了国外的相关规定,提出对我国公司并购制度的几点建议。 This article starts with the phenomenon that PetroChina and Sinopec Co., Ltd. offer their listed subsidiaries, pointing out that there are gaps and flaws in the existing legal system of M & A in our country. With the development of China’s capital market, similar mergers and acquisitions will also be more and more. This article introduces the foreign system adopted on the related issues, that is, “crowding-out company merger system”, introduced the relevant provisions of foreign countries, put forward some suggestions on the merger and acquisition system of our country.