Holistic Listing’s Influence On Listed Company’s Financial Performance

When the Chinese capital market opened up,a listed company using a subsidiary company was a necessary method to get a listed qualification.With the growth and development of the listed companies,more and more listed companies combine internal and external resources through holistic listing and make the company overcome the disadvantages from the way of subsidiary listing at the same time.So company can release the power of the comprehensive advantages and turn into a real scale effect.Holistic listing is regarded as a profound lesson in the revolution of state-owned enterprise and also an important way to carry out mixed ownership revolution step by step.Some qualified companies urge to get much more vigor and vitality through holistic listing,and then go on the way of the collectivizationAppliance industry belong to a traditional and competitive industry.It turns to be fierce in the stimulation of Electronic Business strategy in recent years.Government makes a lot of policies for Appliance industry,such as household appliances to countryside,Electrical household appliances trade-in for matching up the development of real estate.If you want to get a vantage position in the tide of replacement,you need to invest more money in research and development.The enterprise resources will get rational allocation and a further development by this way.Many listed companies consider to use a way of less cost and faster financing to get the upgrading effect.Holistic listing is one of the methods of it.Midea Group is the first case of absorption merger and open up a new way in capital market.We can see the great change in Midea Group by Holistic listing.This paper take the mergers and acquisitions of Media Group for instance and analyze the difference of financial performance after the company which finished the process of holistic listing,at last come to the conclusions:(1)the positive effect in Midea Group’s financial performance by Holistic listing;(2) Holistic listing can improve the financial performance and need to pay attention to the risk of it at the same time.(3)the inspiration of Holistic listing.