A Case Study On Private Placement Of Xian Cheng Mining

Listed companies in order to further expand the need for funding,asset support,they need to refinance,equity financing has become the preferred choice of listed companies.In equity financing,as means of financing Chinese new,because the private placement of listed companies,the risk is small,low cost,low threshold and the choice of many advantages of private placement,private placement has been widely used in various industries of major companies in the country,but due to research and experience of the private placement is not mature,relevant laws are not perfect,so that along with the widespread use of private placement in the company,started to show more and more variety of problems,such as how large shareholders tort,crazy cash expropriation of minority shareholders' interests,making the issue price,many listed companies frequently break etc..How to effectively solve and prevent a series of problems caused by private placement has become the focus of the development of listed companies.In this article,through the case method is given priority to with Xian Cheng Mining 2011 private placement,punctuated by 09 and 15 year during directional issuance,and combine the directional issuance environment and company related countermeasures,analysis of what are the problems in the process of injection of assets,the existence of the indemnification issues,whether the injected assets increased the performance of listed companies,then puts forward corresponding Suggestions on the existing problems.First introduced the Xian Cheng Mining is the development history of private placement,the next in Xian Cheng Mining 2011 directional issuance of internal and external reasons and economic consequences are deeply analyzed.Finally combining the problems existing in the private placement put forward relevant Suggestions,hoping to contribute to improvement of the system of private placement,protect the interests of the company as well as small and medium-sized investors,promote the long-term development of listed companies.