Study On The Overall Listing Of Military Enterprises

Our military enterprises are under the country’s support and guidance gradually developed. Our military enterprises in the early days made outstanding achievements, but because of the economic system, China’s military enterprises in a very long period of time tends to be stagnant development in distress. After the reform and opening up, with the ongoing reform of the national defense and military industry, comprehensive reform of military enterprises also opened the big screen. Military enterprises with capital-intensive and technology-intensive features, the difficulty of financing capital-intensive means high technology intensive competition means high risk. Our military enterprises because of the special historical and institutional reasons, in terms of size, efficiency, technology and business models, etc., and are well-known foreign military enterprises there is a big gap, from large international military enterprise development process, the capital market is to promote the development of military enterprises biggest booster. At present, China’s military enterprises are in the era of capital securities reform, from the perspective of the current national policy, industry consolidation is imperative. The next period of time, due to the continuous development of favorable policies to support national defense needs and the government, as well as the market, the overall market of military enterprises will become a major trend in the military industry.In this context, combined with the current actual business case for a systematic study of the overall market theory to analyze the impact on the overall market of defense and military industry and related businesses for the future development of China’s military enterprises to provide some practical value opinion, is a very interesting topic. In this paper, the overall market system combing theory and China’s military enterprises listed on the basis of the overall policy context, the main research method using case studies and comparative analysis of case studies in China Heavy objects, in conjunction with other business case, by analyzing its capital practice, transaction data and operating conditions, summed up the military industrial enterprises four modes of the overall market, and the application of various models will be discussed separately listed. This paper argues that the overall market is essentially a boundary adjustment company, is an important way to military enterprises securitization beneficial integration of resources and enhance the competitiveness of enterprises in the military industry, and therefore should be institutional mechanisms, institutional rules and supervision, etc. intensify reform, the overall market for military enterprises to create a favorable policy environment.