The Performance Analysis Of Greenland Group Backdoor Listing On Jinfeng Investment

Due to the constantly innovation and reform of the external environment,investors in the understanding of the financial markets keep subversion and updated constantly,leading to the securities market has always maintained a constant state of fluctuation in our country.Although there always have been investors join who are more than in awe.In pursuit of the stability of the market,increasing the confidence of investors,the securities and futures commission constantly make efforts,according to the change of market environment for the solution of the corresponding countermeasures.For example : strictly limited companies listing conditions,improve the threshold of the listed companies,suspend the IPO audit work,and limit the number of private enterprises listing.All of these are major effective measures to stabilize the financial market.But for some companies who are limited by policy reasons and eager to listed companies,there are not the obstacles,because they can choose another road:backdoor listings.As an optimal selection of entering the securities market,backdoor listings can not only help the private enterprise's own resources get reasonable optimization,but also make dream come true in complex financial market financing,such as visibility,increase competitiveness.However,in retrospect,we can find the way to backdoor listing,many companies are likely to face the tragedy of the failure halfway,there are have company maybe success through the backdoor listing,but because of the false integration and decision caught in negative effects for the company.Therefore,how to avoid a variety of risks of backdoor listing,properly catch the opportunity of backdoor listing to achieve its positive effect,is one of the challenges faced by enterprises.The article based on the case of Green Group listed backdoor investment,the changes of backdoor listings in-depth analysis and research.The full text altogether consists of five chapters.The first chapter is the introduction part,summarized research background and significance,research into three major parts and the research mentality and the method.Mainly analyzes the reason of writing this paper and the necessity,and the process and conclusion of the research of scholars both at home and abroad and analyzed.In the backdoor listing agent,the backdoor listing of risk and performance aspects elaborates the backdoor listing all the ideas of scholars,and then the basic thinking of writing of the article are reviewed.The introduction of the theoretical basis of the second chapter,mainly involves the theory overview of a backdoor listing,corporate mergers and acquisitions of theoretical basis and research methods in this paper,the performance,when writing is mainly summarized predecessors in the study of the theory behind the backdoor listings.The third chapter and fourth chapter,they are the core of this article.After a basic understanding of Greenland Group and Jinfeng Investment,make the process and details of the backdoor listing a depth analysis.Greenland Group's backdoor listings made by Shanghai government,is to solve the problem of competition,to realize double win situation of Greenland Group become bigger and stronger.In spite of the backdoor listings encountered in the problem of a large number of employee shareholding and valuation difficult obstacles,also can beat them for Greenland Group.Performance analysis of group consists of two parts,the financial performance and market performance.The analysis of financial performance to use financial ratio analysis to backdoor listings to evaluate after four ability;Market performance of the company's stock price and shareholder wealth,wealth effect is evaluated.The last part is the experience and revelation of the essay.Greenland Group the success of backdoor listing measures is not only their own fame and fortune,but also for other private enterprises on the front of the teaching material.Epilogue summarizes the Greenland Group listed backdoor Jinfeng Investment experience and success in the choice of the ways of backdoor listings,and the choice of shell company get revelation,the final conclusion:enterprises in the use of backdoor listing way into the securities market,the correct selection of shell company helps to improve enterprise performance,at the same time,should choose the backdoor listing mode to avoid the relevant financial risks and legal risks and after the successful listing of the integration of work is also an important part that cannot be ignored.In order to supplying reference for the private enterprises,especially the real estate industry backdoor listing in the paper,to analyze the success of Greenland Group backdoor listed performance as the core,to achieve decision-making and synergistic effect on the process of enterprises to focus on the backdoor listing of the other hope through the backdoor listing mode to realize the strategic development and to enhance the value of the enterprise to provide reference and guidance.