The Research Of JC Group To Restructuring And Reforming Project

In recent years, the development of high-tech enterprises of private financing has become difficult problems, and came into the new three-panel market, so many owners of private enterprises hope to see new financing channels continue to expand through policy reforms, effective solution to the private high difficulties in the banking market corporate indirect financing. Because of the Commission listed the company’s business operations increasingly stringent requirements, listed three new board no doubt become the preferred medium and small private enterprise groups performing IPO plans.JC Group, Inc. is a typical private SMEs, its principal brand passenger car sales and after-market services business covers passenger car sales after market services, maintenance,decoration, auto loan guarantees, insurance brokers, car rental, used car trading.JC Group management in a careful analysis of the basis of their technical superiority and innovation capability, the timely adjustment of the company’s strategy to listed three new board as a target, raise financial support long-term development. However, the JC Group’s current situation, the company from the new three board listing also some gaps still exist.In this regard, the company’s management as soon as possible in order to solve these problems remain qualitatively and quantitatively satisfy two conditions from the start, the whole enterprise group decided to carry out a thorough restructuring work to close the gap.First, it changed the whole subject qualification Co., Ltd., it is reasonable ownership structure, the number of shareholders to meet the requirements; the second is to try to avoid competition with the industry, mergers and acquisitions policy to take, sell a sunset industry,mergers and acquisitions business unit has great potential; Third, corporate governance efficiency is not prominent, large malpractice family business, deal with its entire corporate system for rectification, the meritocracy direction; four of the company’s operating performance is strictly on operating income and net profit in line with three new board listing requirements business operations more innovative ways.Restructuring itself is relatively broad concept, at the time of the restructuring plan design, should be considered the actual situation of JC Group, the use of restructuring-related theory, by analyzing the current situation of enterprises inside the industry and the automotive sales and service, compared to the same industry listed companies case, a detailed analysis of financial data, and then put forward a more comprehensive restructuring plan.In addition, the article also put forward a series of safeguards restructuring plan, hoping to ensure the smooth implementation of the program from the purpose of the organization and performance of each side, to achieve the desired effect. Finally, the detailed implementation of enterprise development is completed after a reasonable prediction,elaborated on its own and the entire market, with a positive and effective reference and help significance.