The Case Study Of Using Efficiency Of Shuanglong Shares Raising Money

October 30, 2009 the first batch of 28 GEM companies officially listed on the Shenzhen Stock Exchange for China in the early stages of growth, smaller emerging SMEs to solve the difficult problem of financing for the "two high six new"( That high growth, high technology, new economy, new services, new agriculture, new materials, new energy and new business models), the company offers a financing platform, led companies to develop new projects, promote the construction of Chinese high-tech industry, the development of innovation-based economy, so as to realize the industrial economic restructuring. As of December 31, 2015, the number of GEM companies reached 355. But there have been GEM high price-earnings ratio, and superb high issue price raise rates "three high" phenomenon. Statistics show that the GEM IPO is expected to raise 87.3 billion yuan of funds, the actual funds raised 214.918 billion yuan, up 127.617 billion yuan over raise funds, the average oversubscription ratio of 146.18 percent, the proportion of ultra-raise up to 738.00%.Efficient use of funds raised is to investigate the effect of the use of funds raised important indicator in determining sustainable business.Continued development of the key to success. In view of this, the efficient use of paper Jilin GEM raise funds for public research, hoping to listed companies in Jilin Province to further improve the financing behavior, raise funds to improve the efficiency of the capital market to enhance the core competitiveness and profitability have the help. Meanwhile, they hope to be able to strengthen the supervision of the securities regulatory authorities to raise funds to help.Jilin Province, currently has two companies listed on GEM, Shuanglong shares are listed on the 2010 and 2014 listed Dirui medical, medical shorter time to market due Dirui, fewer years of data, so the paper Shuanglong shares case studies its fund-raising efficiency. Shuanglong shares is a GEM listed company Tonghua City, Jilin Province, Jilin Province, it is the chemical industry’s leading companies. August 2010 Shuanglong shares successfully listed on the GEM, Jilin Province, which is the first GEM listed companies, have to say, Shuanglong shares of Jilin Province landing GEM other companies have major implications. Therefore, it is necessary to explore what Shuanglong shares of operating results since the IPO companies, which, for the use and efficiency of its use of funds raised on how to become an important issue.