In view of the low success rate of cross-border M&A deals of Chinese enterprises, 65 samples of cross-border M&A of Chinese enterprises were analyzed by using the crisp-sets qualitative comparative analysis method. The influence mechanism of technological potential difference, M&A experience, M&A path, politically sensitive industries and the nature of enterprises on the completion of cross-border M&A deals was studied and how to configure these influencing factors to complete the M&A deals was discussed. Finally, five successful modes of cross-border M&A of Chinese enterprises are summarized, which are to win with stability, risk aversion, risk hedging, timid and overcautious, and to follow the trend. The results show that there are different paths for the completion of cross-border M&A deals of Chinese enterprises.